Auric Mining (ASX:AWJ)

4,300 Ounces of Gold Produced from Second Campaign at Jeffreys Find Gold Mine. Toll Milling Continues.

Auric Mining Limited (ASX: AWJ) (Auric or the Company) is pleased to announce approximately 4,300 ounces of gold has been produced so far during the second campaign from the stage one pit at The Jeffreys Find Gold Mine near Norseman, WA. Total production at 6 October 2023 now exceeds 6,000 ounces.


HIGHLIGHTS:
  • Approximately 4,300 ounces of gold produced from second campaign to 6 October 2023.
  • Stage One gold production now exceeds 6,000 ounces.
  • 113,000 tonnes of gold ore have now been delivered to the Greenfields Mill at Coolgardie for processing from second campaign.
  • Remaining 36,000 tonnes on Jeffreys Find ROM Pad at Norseman to be hauled to mill during coming weeks.
  • Target to process 180,000 tonnes in total for Stage One on budget within time, yield and budget parameters.
  • Auric hosted at Perth Mint Refinery. First cash to Auric due this month.

Processing continues at The Greenfields Mill, Coolgardie. Auric’s joint venture partner, BML Ventures Pty Ltd of Kalgoorlie, (BML) is putting through a second parcel of around 145,000 to 150,000 tonnes of ore to complete the first stage of mining Jeffreys Find.

The second processing campaign commenced on 10 September 2023 and is expected to be completed early November 2023. That follows from the first processing campaign where 1,721 ounces of gold was produced from a 36,180 tonne ore parcel.

The Perth Mint Refinery hosted Auric Mining Ltd on Wednesday, 4 October 2023 to showcase the refinery and processing of the Jeffreys Find Gold.

Auric Staff Auric staff and Cameron Alexander – General Manager Commercial Development Perth Mint. Perth Mint Refinery, discussing gold refining. (Photo courtesy: Perth Mint)


As at 6 October 2023, around 150,000 tonnes (in total) of ore have been delivered to Greenfields since the start of processing with the balance of about 36,000 tonnes to be hauled over the coming two weeks.


Click here for the full ASX ReleaseRelease

This article includes content from Auric Mining, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.


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