Auric Mining's 2024 gold sales achievements

Auric Mining (ASX:AWJ) has announced remarkable achievements at its Jeffreys Find Gold Mine in 2024. The company exceeded its gold sales target, selling a total of 10,693 ounces. This surpasses the previous year's total of 9,741 ounces. The sales from Stage Two mining amounted to A$41.1 million.

Auric Mining's strategic outlook for 2025

Auric Mining has successfully surpassed its 2024 gold sales target, achieving significant revenue and demonstrating operational success at both the Three Mile Hill and Greenfields mills. With a solid partnership with BML Ventures Pty Ltd, the company has efficiently managed mining operations and costs. Auric Mining anticipates further interim cash distributions in December 2024 and early 2025, with a final reconciliation scheduled for 2025. The company's strategy includes processing over 420,000 tonnes in Stage Two and maximizing gold sales before final reconciliation. Through these efforts, Auric Mining aims to strengthen its financial position and deliver value to its shareholders.

Executive insights on gold sales success

Managing Director Mark English expressed optimism about the project's progress and future prospects. Highlighted the achievement of surpassing the 10,500-ounce target and the ongoing rush of ore through mills.