Auric Mining Limited (ASX: AWJ) has announced the successful completion of its second gold milling campaign for 2024, generating significant revenue from the Jeffreys Find Gold Mine near Norseman, Western Australia.
Gold from the mine has been sold at the Perth Mint for an average price of A$3,697 per ounce, marking another profitable milestone for the company. The ore processing, conducted at the Greenfields Mill, is part of a contract to process 150,000 tonnes of ore, undertaken by Auric’s Joint Venture partner, BML Ventures Pty Ltd of Kalgoorlie.
As of mid-August, nearly 129,000 tonnes of ore have been delivered to the Greenfields Mill. The current milling campaign, which spans approximately six weeks, is set to conclude in early September 2024. Auric Mining has also revealed plans for additional milling campaigns in November and December at the same facility.
