Jeffreys Find Gold Mine Surpasses AU$100 million in Gold Sales.

Auric Mining Limited (ASX: AWJ) has announced that total gold sales from the Jeffreys Find Gold Mine have exceeded AU$105 million across Stage One and Stage Two. Stage Two alone has generated AU$72.04 million, with over 17,900 ounces of gold sold at an average price of AU$4,024 per ounce, reaching a high of AU$4,625 per ounce. Auric has received AU$8.1 million in interim payments for Stage Two, in addition to AU$4.8 million from Stage One, with a further AU$3 million to AU$4 million expected once the remaining gold is sold. 

The project, managed in partnership with BML Ventures, is nearing completion, with 60,000 tonnes of ore awaiting processing. Under the joint venture agreement, BML covers all operational costs before splitting surplus cash with Auric. The success of Jeffreys Find has significantly strengthened Auric’s financial position, with further cash inflows anticipated in the coming months.

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