Auric Mining converts $1.2M punt into $16.5M from overlooked WA gold play

A Bulls N’ Bears article highlights Auric Mining’s successful completion of its Jeffreys Find gold mine, which delivered $16.5 million in returns from an initial $1.2 million acquisition, producing nearly 29,500 ounces of gold over its life. The strong outcome has significantly boosted Auric’s cash position to around $43 million and helped fund development at the Munda Gold Project, where the starter pit has already exceeded production forecasts and is paving the way for the larger Munda Main Pit development.

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