Auric Mining Says 18,000 Tonnes of Run-of-Mine Stockpile Material Available at Western Australia Gold Mine Starter Pit, Shares Climb 3%
MT Newswires Live
Apr 29
Auric Mining (ASX:AWJ) said a further 18,000 tonnes of run-of-mine stockpile material at the Munda gold mine starter pit in Western Australia, at an estimated grade of 1.8 grams per tonne, is available for future processing, representing around an additional 935 ounces after processing, according to a Wednesday Australian bourse filing.
A total of 68,154 dry metric tonnes was processed in its campaign two at the Munda starter pit, producing 6,168 ounces of gold at a reconciled head grade of 3.18 g/t. Mill recovery was 88.67% against a predicted recovery of 83.3%.
All campaign two bullion was sold through Auric's metal account at ABC Refinery at an average realized price of AU$7,178 per ounce.
Its shares jumped 3% in recent trading on Wednesday.
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