Auric Mining (ASX:AWJ), a gold-focused exploration company, presented its recent achievements and strategic plans. Since its ASX listing in February 2021, Auric has become a notable gold producer in Western Australia's Goldfields, primarily through its Jeffreys Find and Munda Gold Projects.
Auric Mining Limited has made significant strides since its inception, focusing on gold exploration and production in Western Australia's Goldfields. The company is committed to mining one million ounces of gold, leveraging its key assets like the Jeffreys Find and Munda Gold Projects. With Stage Two mining at Jeffreys Find well underway and significant investments in the Munda project, Auric is positioned to enhance its gold production capabilities. Their strategic vision includes completing current projects, exploring additional gold assets, and potentially engaging in mergers and acquisitions to strengthen their portfolio. With experienced leadership and a strong financial position, Auric remains focused on achieving its ambitious goals while maintaining responsible mining practices.
We are focused on maximizing cash flow from our operations at Jeffreys Find and advancing the Munda Project. Our commitment to exploring additional gold assets and leveraging our expertise aims to position Auric as a leading gold producer in the region.