JEFFREYS FIND GENERATES $4.46M IN FIRST 2024 GOLD CAMPAIGN

Auric Mining’s Successful Start Yields Strong Revenues

Auric Mining Limited (ASX: AWJ) announced that its first 2024 gold campaign at Jeffreys Find Gold Mine has generated $4.46 million in gross revenue.

Highlights

  • $4.46 million gross revenue generated.
  • 1,256 ounces of gold sold at $3,549 per ounce.
  • 30,024 dry metric tonnes processed at Greenfields Mill.
  • Approximately 145,000 tonnes to be milled in July & August 2024.
  • BML Ventures continuing with 24/7 mining at Jeffreys Find.

Managing Director, Mark English, said:

Last year gold was sold at an average of $3,006 per ounce. This year the first parcel sold at $3,549 per ounce – $543 an ounce better. The increase in price is fantastic.

We are going to have an exceptional year at Jeffreys Find.

Whilst the first campaign of the year was a little smaller than anticipated because of rain in the Goldfields, the next mill allocation is for 145,000 tonnes.

Our JV partner is looking to double production and mine more than 300,000 tonnes during 2024. We expect the head grade to improve as the year progresses

Read the full announcement

Goldman

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