Auric clinches premium gold sales price to cap WA starter pit run

Auric Mining has successfully completed its Munda Starter Pit campaign, selling all gold from its second processing run at an average A$7,178/oz, capitalising on strong market conditions. The project delivered 8,886 ounces of gold (46% above budget), with higher-than-expected grades and recoveries reinforcing the scale and quality of the deposit. The campaign has strengthened Auric’s position with ~$43.5 million in cash and bullion, while supporting plans to remodel the resource and advance a larger Munda Main Pit development.

Read the Full Article below or read on Bulls N' Bears: