News Articles for Auric Mining

Auric Mining boss Mark English says the company is in a good place heading into 2026, following positive news from its Munda goldmine in the Goldfields.

The East Perth gold pundit loaded the first shovel of earth onto a dump truck at the Auric mine on Saturday, May 10.

Auric hopes to bring more of the yellow metal to market and take advantage of a growing gold price.

Amid a grand celebration of the WA ASX-listed small cap company community on Friday night, Larvotto Resources triumphed to take out the coveted Bulls N' Bears “Peak Performer of the Year” award after achieving a peak share price hike of 993 per cent. Estrella Resources took out the other major award and is the Bulls N' Bears “Runner of the Year”, claiming a 240 per cent share price jump from January to November 2024.

Auric Mining managing director Mark English says the company's Jeffreys Find gold mine near Norseman has been an ‘outstanding' investment for the junior.

Horizon Minerals is wasting no time getting the diggers to work at its Phillips Find gold project near Coolgardie in WA following a recent merger with Greenstone Resources. A joint venture agreement has been finalised with BML Ventures to mine 200,000 of ore, which will be toll treated at the nearby Greenfields Mill during the next 11 months to produce almost 15,000 ounces of gold.

Auric Mining has recorded multiple high-grade intercepts from grade control drilling at its Munda gold project near Widgiemooltha in Western Australia's Goldfields region, including a 1m hit at a stunning 184.6g/t gold. The company has drilled 351 holes to complete the campaign, with assays already received from 244 holes sunk representing about 70 per cent of the program back from the laboratory.

Gold exploration aspirant Auric Mining said on Tuesday it plans to resume activities at its promising Jeffreys Find gold mine in March.

Auric Mining has hit the ground running in 2024 with toll mining set to recommence at its Jeffreys Find gold mine near Norseman in Western Australia as soon as March following a successful finish to last year. The company produced more than 9740 ounces during two mining campaigns with joint venture (JV) partner BML Ventures in 2023, returning a total gold revenue of $29.28 million for the first stage of the two-year project.

The first $4.7 million chapter has been written in Auric Mining's remarkable money story at its humble Jeffreys Find gold mine near Norseman in Western Australia that many others would have ignored. Auric has produced more than 9700 ounces during two mining campaigns with joint venture partner BML Ventures, returning a total gold revenue of $29.28 million for the first stage of the two-year project.

Auric Mining's Jeffreys Find gold project near Norseman in Western Australia has kept the company's till ringing with another $1.65 million banked after it sold 1448 ounces to take its stage-one share to a more-than-expected $3.85 million. The Jeffreys Find “pot of gold”, which is expected to keep pouring out next year, will fund Auric's development of its bigger-play Munda gold project.

Auric Mining has topped its record price for gold sales from its Jeffreys Find mine near Norseman after selling 1264 ounces at $3131 per ounce to the Perth Mint for a gross revenue of nearly $3.9 million. The joint venture operation between Auric and Kalgoorlie-based BML Ventures has now sold 8293 ounces from the gold mine for a gross revenue of close to $25 million.

Auric Mining refuses to rest on its laurels, launching a grade control drill program at its Munda gold project near Widgiemooltha only days after recording one of the highest-ever gold price sales in Australia. Earlier this week the company sold 1361 ounces from its Jeffreys Find mine at $3130 per ounce to the Perth Mint for a gross revenue of $4.26 million.

Auric Mining has recorded one of the highest-ever gold price sales in Australia after selling 1361 ounces from its Jeffreys Find mine at $3130 per ounce to the Perth Mint for a gross revenue of $4.26 million. The joint venture operation between the company and BML Ventures has distributed the money with Auric receiving $2.2 million in its maiden disbursement of surplus cash from the stage one of the project.

Auric Mining has entered into the free-cash phase of gold production from its Jeffreys Find mine near Norseman in Western Australia following a remarkable project journey to date of just three years. The company's first stage of mining has produced more than 7700 ounces of gold from the operation, with 5667 ounces sold for a gross revenue of $16.6 million.

Auric Mining has produced an additional 4300 gold ounces from its second campaign at its Jeffreys Find gold mine near Norseman and expects to rake in $28 million in gross revenue from stage-one production. A maiden parcel of 36,180 tonnes has been milled at the Greenfields mill in Coolgardie at 93.04 per cent recovery, yielding 1721 gold ounces from a head grade of 1.58g/t.

Auric Mining has started milling the second ore parcel from its 100 per cent-owned Jeffreys Find mine near Norseman and expects the first cash to land in the till next month – at a serendipitous time of strong gold prices. The company says the 145,000 tonnes of ore will take about seven weeks to process, with 52,000 tonnes already delivered to the Greenfields Mill in Coolgardie.

Auric Mining's first toll milling of ore from its Jeffreys Find mine has yielded 1721 ounces of gold – and more than $5 million in revenue. The company says all mining has been completed, but a package of about 145,000 tonnes of ore is still in haulage for processing. Surplus funds are to be set aside for further development of its Munda project.

Auric Mining has notched a major milestone with all of the gold from the first 36,000-tonne parcel of ore from its Jeffreys Find project near Norseman delivered to the Perth Mint for its final refining process. A total of seven doré bars have been transported to the Perth facility, where the semi-pure alloy will be refined into its purest form of the precious yellow metal.

Budding gold producer Auric Mining has delivered the first five gold doré bars from its Jeffreys Find gold project near Norseman in WA to the Perth Mint for further refining. The company has also packaged a 36,000-tonne ore parcel for delivery to the Greenfields Mill in Coolgardie for toll treatment, which is expected to be completed in the coming week.

Auric Mining has the first gold pour from its Jeffreys Find gold project near Norseman in Western Australia at its fingertips, with management confirming it had started milling its first batch of ore. The company's first 30,000 tonnes of ore will be processed at the Greenfields Mill in Coolgardie by end of this month, with another 100,000 tonnes waiting at the mine ready for trucking.

Auric Mining is a step closer to a maiden gold pour from its Jeffreys Find project near Norseman, with the first 30,000 tonnes of gold ore set for processing once it is transported to Greenfields Mill in Coolgardie. The company says mining at the site has been ongoing for six weeks and it has secured triple road trains to haul its first ore to Coolgardie.

A scoping study on Auric Mining's Munda gold deposit in Western Australia's Goldfields region supports the potential for open-pit mining and the processing of ore at an existing toll treatment plant, highlighting the potential for “significant accumulated cashflow”, even at low gold prices. The company's study also outlined a cashflow surplus of $76.9 million under the base-case scenario.

Auric Mining is a step closer to a maiden gold pour from its Jeffreys Find project near Norseman, with the first 30,000 tonnes of gold ore set for processing once transported to Greenfields Mill in Coolgardie. The company says mining at the site has been ongoing for four weeks and it has triple road trains secured to haul the first ore to Coolgardie.

Auric Mining has officially begun production at its Jeffreys Find project after receiving the green light from the Department of Mining, Industry Regulation and Safety, with its first gold pour expected in July. It started work immediately after getting approval for its full open-pit mine at its project near Norseman. The drill and blast of the first 5m bench is already completed.

Auric Mining has drilled widespread sulphides and quartz veining over a 500m-long trend around an intensely-worked alluvial gold mine at Miitel South, near the abandoned WA town of Widgiemooltha. The best result in assays from three RC holes was 2m at 2.84 grams per tonne gold from 39m. It was part of a zone of widespread quartz veining and disseminated pyrite.

Auric Mining is set to become WA's next gold producer after executing a 150,000 tonne gold ore toll milling agreement with the Greenfields Mill at Coolgardie for its Jeffreys Find gold deposit near Norseman. In a major milestone for the company mining will commence in early April with the 150,000 tonnes of ore to be delivered to the mill. Processing will then be completed and its gold delivered by the end of September 2023.

Auric Mining is pressing ahead with its ambition of a Jeffreys Find gold mine after commencing a grade control drill program at the project. The company plans a short mine life at Jeffreys Find, first with a starter pit and then a full pit. Grade control drilling is designed to give certainty by defining information on the ore grades and blocks.

The gentle hum of the RC drill rig can be heard at Auric Mining's Chalice West project near Norseman. Auric is plumbing the depths of its prime goldfields tenure to seek the source of significant gold, nickel and rare earths anomalism. The rig will also be wheeled to the company's Miitel South prospect where a compelling gold target lies beneath a smattering of historical alluvial workings.

Minerals explorer Auric Mining has uncovered significant enrichment of rare earth elements along a 7km-long strike at its Chalice West project near Norseman with a swag of assay results indicating the widespread rare earths mineralisation including valuable magnet rare earths critical for high-tech products. Auric says a prominent magnetic feature in the project's centre is also promising and needs drilling.

With all assay results from its recent air-core drill program at its Chalice West project now back from the laboratory, Auric Mining says widespread gold and nickel mineralisation can be added to its rare earth elements discovery. The latest results include another five holes returning anomalous gold values and anomalous nickel intercepts were also returned in a further five drill holes.

Auric Mining has recorded multiple nickel intercepts from its latest drilling program at the company's Chalice West project that it says shows potential for nickel sulphide mineralisation at the site. The explorer has already identified a 7km magnetic feature linked with anomalous rare earths in addition to a 5km strike length gold anomaly at the project 50km from Norseman.

Auric Mining has returned positive results for rare earths from the company's latest drill campaign at its Chalice West project including a 4m hit at 3591 parts-per-million total rare earth oxides from 41m. The 4m section includes a high-grade 1m intercept at an outstanding 11,038ppm TREO from 42m with an impressive 22 per cent magnetic rare earth oxides.

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Gold sector listings are pumping millions of dollars into WA's mining industry.