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Auric Mining Limited (ASX:AWJ)

ALERT: Price-sensitive ASX Announcement for AWJ
Current share price for AWJ : $0.225 0.01 (4.65%)+
Announcement
Release
27 Jul 2026 8:22AM
Price at Release
$0.215
Full Release
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Summary
Auric Mining Limited has released a comprehensive update on its Integrated Study, which advances the Burbanks and Munda projects. The study indicates that the integration of a 600ktpa processing facility at Burbanks with the development of an open pit at Munda is economically viable. The project forecasts a robust economic outcome with strong EBITDA, driven by gold production and revenue. The study also outlines capital and operating costs, and anticipates strong cash flow, providing a platform for future growth through exploration and potential acquisitions. The announcement underscores Auric's strategic position as a standalone gold producer and highlights key metrics such as mined ounces, revenue, operating costs, and expected project timelines.
Key Points
  • Auric Mining Limited releases update on Integrated Study for Burbanks and Munda.
  • Study indicates economic viability of 600ktpa processing facility at Burbanks and open pit at Munda.
  • Robust economic outcome with strong EBITDA expected.
  • Forecasts strong cash flow enabling future growth through exploration and acquisitions.
  • Key metrics include mined ounces, revenue, operating costs, and project timelines.
  • The study includes capital and operating cost estimates and project economics.
  • Auric aims to become a standalone gold producer.
  • Sensitivity analyses show project robustness across gold price ranges.
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.