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Auric Mining Limited (ASX:AWJ)

ALERT: Price-sensitive ASX Announcement for AWJ
Current share price for AWJ : $0.230 -0.043 (-15.60%)+
Announcement
Release
14 Jan 2026 8:23AM
Price at Release
$0.273
Full Release
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Summary
Auric Mining Limited (ASX: AWJ) provided an update on its operations at the Munda Gold Mine. As of 31 December 2025, approximately 67,000 tonnes of high-grade ore was stockpiled, facilitating imminent toll processing and revenue generation. Mining resumed early January 2026, with ore hauling commencing on 10 January 2026 to Black Cat Syndicate Ltd's Lakewood Mill, where processing is expected to start around 27 January 2026. The first cash from gold sales is anticipated by late February 2026. Managing Director Mark English emphasized the significance of this phase for Auric's cashflow strategy, highlighting the Munda asset's value potential. The announcement also included a forward-looking statement cautioning about uncertainties and risks involved.
Key Points
  • 67,000 tonnes of high-grade ore stockpiled as of 31 December 2025.
  • Mining operations at Munda resumed in January 2026.
  • Ore haulage to Lakewood Mill began on 10 January 2026.
  • Toll processing at Lakewood Mill expected to start around 27 January 2026.
  • First cash from gold sales expected in late February 2026.
  • Focus on transitioning into a sustainable gold producer.
  • Cautionary note on forward-looking statements and risks.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.