Auric Mining Updates Munda Gold Resource Estimates

Auric Mining Ltd. (AU:AWJ) has released an update.

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Auric Mining Limited has announced an updated estimate of gold resources at its Munda gold deposit, indicating a total of 3.65 million tonnes at 1.23 grams per tonne, translating to 145,000 ounces of gold. The updated assessment, which incorporates new closely-spaced drilling data, aims to support the development of a starter pit for mining in early 2025. Investors may find this resource update promising as the company continues to optimize its extraction strategies.

For further insights into AU:AWJ stock, check out TipRanks’ Stock Analysis page.

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