Auric Mining Stockpiles 67,000 Tonnes of Ore Ahead of Toll Processing Campaign; Shares Up 3%
MT Newswires Live
Jan 14
Auric Mining (ASX:AWJ) stockpiled around 67,000 tonnes of high-grade ore at its Munda gold mine in Western Australia, preparing for near-term gold production and revenue through its upcoming toll processing campaign, according to a Wednesday Australian bourse filing.
Mining at Munda restarted in early January, and ore transport to Black Cat Syndicate's (ASX:BC8) Lakewood Mill began on Jan. 10, per the filing.
Toll processing is planned to start around Jan. 27, with the company expecting to receive its first gold sale proceeds by late February, the filing added.
The company's shares rose around 3% in recent Wednesday trade. Black Cat Syndicate's shares were down almost 2%.
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