Auric Mining Limited (ASX: AWJ) announced that the first gold campaign of 2024 at Jeffreys Find Gold Mine has generated AU$4.46 million in gross revenue. A total of 1,256 ounces of gold were sold at $3,549 per ounce. The campaign processed 30,024 dry metric tonnes at Greenfields Mill with a recovery rate of 90.38%.
Despite weather challenges, the next allocation is set for 145,000 tonnes in July and August. Auric’s JV partner, BML Ventures, plans to double production in 2024, aiming to mine over 300,000 tonnes. Managing Director Mark English highlighted the improved gold price, anticipating a successful year ahead.
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