InvestingCongress
  • Investing
  • Business
  • Stock
  • Politics
Investing

Auric Well-funded for Stage 2 Mining at Jeffreys Find After $4.7M Cash from Phase 1

by April 8, 2024
April 8, 2024

Auric Mining Limited (ASX:AWJ) is cashed up for the second round of mining at Jeffreys Find in Western Australia after Phase 1 generated more than $4.7 million in free cash, according to an article published in The Sydney Morning Herald.

Phase 2 mining aims to extract a minimum of 300,000 tonnes of ore, with the first parcel expected by mid-April 2024.

Auric and JV partner BML Ventures produced more than 9,740 gold ounces from two mining campaigns in 2023 generating a total revenue of $29.28 million for the first stage of the two-year project.

“Our level of confidence is high that Stage 2 will produce substantially more ounces, compared to 2023,” commented Auric Mining managing director Mark English.

Read the full article here.

Click here to connect with Auric Mining (ASX:AWJ) for an Investor Presentation

.

This post appeared first on investingnews.com
previous post
Butcherbird Expansion Project Advances through Naif Funding Process
next post
Toro to demerge Non-Core Assets including Dusty Nickel Project and Yandal Gold Project

You may also like

Top 5 Junior Gold Mining Stocks on the...

July 8, 2025

Crypto Market Recap: SEC Issues Crypto ETF Guidance,...

July 8, 2025

Finlay Minerals Ltd. engages Investing News Network

July 8, 2025

New Age Exploration

July 7, 2025

Asara Resources

July 7, 2025

FPX Nickel Receives Multi-Year Area-BasedPermit and Commences 2025...

July 7, 2025

Bringing Art, Youth, and Football Together: Kobo’s Workshop...

July 7, 2025

Crypto Market Recap: SEC Crypto ETF Guidance Sets...

July 7, 2025

Canadian Investment Regulatory Organization Trade Resumption – STUD

July 7, 2025

Questcorp Mining Continues Exploration in Advance of Drilling...

July 7, 2025
Join The Exclusive Subscription Today And Get Premium Articles For Free

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent Posts

    • Top 5 Junior Gold Mining Stocks on the TSXV in 2025

      July 8, 2025
    • Crypto Market Recap: SEC Issues Crypto ETF Guidance, Bit Digital Pivots to Ethereum

      July 8, 2025
    • Finlay Minerals Ltd. engages Investing News Network

      July 8, 2025
    • The Best Five Sectors, #26

      July 8, 2025
    • New Age Exploration

      July 7, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 investingcongress.com | All Rights Reserved

    InvestingCongress
    • Investing
    • Business
    • Stock
    • Politics