Auric Mining (ASX:AWJ) updated the mineral resource estimate for the Munda gold deposit in Western Australia, according to a Tuesday filing with the Australian bourse.
The deposit's indicated and inferred resources stand at around 3.7 million tonnes of material at 1.2 grams per tonne (g/t) grade of gold for 145,000 gold ounces at a 0.5 g/t cutoff, the filing said.
Company shares fell past 4% in recent Tuesday trade.
Price (AUD): $0.33, Change: $-0.02, Percent Change: -4.34%
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