Thrifty Banker
  • Politics
  • Business
  • World
  • Investing
  • Politics
  • Business
  • World
  • Investing

Thrifty Banker

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
True North’s Cloncurry Copper Project Offers Strong Returns, Upsides, Analyst Says
next post
Butcherbird Expansion Project Advances through Naif Funding Process

Related Posts

Substantial Low-Cost Financial Support for Battery Grade Manganese...

May 15, 2024

In Response to Surging Prices, Supportive Government Policies,...

December 22, 2023

White Gold Corp. Intersects 5.03 g/t Gold over...

November 9, 2023

SAGA Metals Extends Claims at the Radar Ti-V-Fe...

May 8, 2025

5 Top Weekly TSXV Stocks: Lomiko Metals Surges...

May 19, 2024

Noble Minerals Acquires a Rare Earth Project and...

August 18, 2023

Top 5 Canadian Mining Stocks This Week: Euro...

March 29, 2025

How to Invest in Scandium (Updated 2024)

February 20, 2024

Lithium Universe Secures Quebec Prime Industrial Land for...

February 22, 2024

Beyond Lithium

September 22, 2023

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


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

    Popular

    • 1

      Top 10 Countries for Natural Gas Production (Updated 2024)

      April 6, 2024
    • 2

      Understanding Lithium Mineralogy from an Investment Perspective

      September 12, 2023
    • 3

      US Capital Global Facilitates $50MM Financing to Accelerate Charbone Hydrogen’s North American Expansion

      June 6, 2025
    • 4

      Israel confirms it is arming Hamas rivals in operation opposition calls ‘complete madness’

      June 6, 2025
    • 5

      A GOP operative accused a monastery of voter fraud. Nuns fought back.

      January 3, 2025
    • 6

      Crypto Market Recap: Strategy Eyes US$1B Raise for Bitcoin Push, UK Regulator Reverses ETN Ban

      June 6, 2025
    • 7

      China’s aircraft carriers send message in the open Pacific for the first time – and bigger and more powerful ships are coming

      June 16, 2025

    Categories

    • Business (1,053)
    • Investing (2,079)
    • Politics (2,977)
    • Uncategorized (20)
    • World (3,387)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: thriftybanker.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 thriftybanker.com | All Rights Reserved