Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

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

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
0
FacebookTwitterGoogle +Pinterest
previous post
Toro to demerge Non-Core Assets including Dusty Nickel Project and Yandal Gold Project
next post
5 Top Weekly TSXV Stocks: Rackla Metals Soars 90 Percent on Gold Exploration Results

Related Posts

McDermitt Project Fast-Tracked Under U.S. FAST-41 Initiative

April 22, 2025

Experts Warn of Supply Cliff for Battery Raw...

February 13, 2024

Canadian Election Candidates Unveil Plans to Fast Track...

April 11, 2025

Appia Provides Update on its Extensive Drilling Program...

September 29, 2023

Antilles Gold Limited (ASX: AAU) – Trading Halt

April 26, 2024

Fortune Minerals Announces Arrival of Samples at SGS...

April 9, 2024

Top 7 Lithium Stocks of 2023

October 17, 2023

Minim Martap Project Update

February 26, 2025

7 Biggest Lithium-mining Companies in 2023

June 27, 2023

Blue Sky Uranium Increases and Closes 2nd and...

April 16, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    • Tech 5: US Government Strikes Big Tech Deal, Perplexity Plots Expansion

    • Crypto Market Update: Bitcoin Pulls Back After New High, Ethereum ETF Inflows Hit Nearly US$3 Billion

    • Playboy moving its headquarters to Miami Beach and opening a new club

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    • Asra Minerals

    Categories

    • Business (1,336)
    • Investing (2,787)
    • Politics (3,699)
    • Stocks (1,761)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 moneycontrolplace.com | All Rights Reserved