Auric Mining (ASX:AWJ) started hauling 60,000 tonnes of ore from its Jeffreys Find gold mine in Western Australia to a Coolgardie mill, with roughly 16,000 tonnes stockpiled as of Tuesday, May 13, according to a Thursday filing with the Australian bourse.
The milling process is anticipated to be completed by the end of July, the filing said.
The company expects final cash distributions of AU$3.5 million to AU$4.5 million after selling all gold, paying costs, and final accounting, with the funds to be used for mining and development at the Munda gold mine, per the filing.
Shares fell 2% in afternoon trade Friday.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。