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Auric Mining Limited (ASX:AWJ)

ALERT: Price-sensitive ASX Announcement for AWJ
Current share price for AWJ : $0.230 -0.095 (-29.23%)+
Announcement
Release
9 Mar 2026 8:21AM
Price at Release
$0.325
Full Release
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Summary
Auric Mining Limited has announced exceptional results from the Munda Starter Pit, significantly surpassing budget expectations. As of 2 March 2026, the fourth outturn produced 938 ounces of gold, contributing to a total of 5,757 ounces from the second campaign and an overall 8,475 ounces combined with Campaign One. This performance, nearly 40% above budget, highlights Munda as a substantial gold resource, reinforcing plans for a larger pit. The company's assets, including cash, bullion, and listed investments, total A$41 million as of 7 March 2026. The successful outturns and prudent management in gold sales bolster Auric's growth trajectory, with detailed scoping and planning for the Munda Main Pit underway.
Key Points
  • Total 8,475 ounces produced to date from Munda Starter Pit.
  • 938 ounces produced in fourth gold outturn of Campaign Two.
  • Exceptional Gold outturns, nearly 40% above budget.
  • Results confirm Munda as a substantial gold resource.
  • Cash, Bullion and Listed Investments as at 7 March 2026 totals A$41.0M.
  • 4,210 gold ounces in Auric’s metal account at ABC Refinery.
  • Ongoing planning for the Munda Main Pit.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.