Company
Auric Mining Ltd
ASX:AWJ
Auric Mining is a publicly listed Australian gold mining and exploration company with 469 square kms of tenements and mines radiating out from Widgiemooltha, 600kms east of Perth in Western Australia. The company is agile and tightly managed – run by those with decades of mining and finance experience.
55 stories
Auric Mining continues hunt for battery and precious metals with 174 aircore holes drilled at Chalice West
The company has completed 174 of 240 planned drill holes at the Chalice West Project and has sent 1,130 samples to the laboratory for analysis. This work is testing for lithium, nickel, rare earths and gold among other elements.
Auric Mining sets drill turning at Chalice West in search for polymetallic targets
“We see from magnetic imaging that the geology of Chalice West Project appears to be a mirror to that of the Chalice gold mine and on that basis, warrants a substantial drilling program," said Auric MD Mark English.
Auric Mining raises $1.13 million to fund exploration and development at Chalice West and Jeffreys Find projects in WA
Auric is exploring Chalice Mine lookalikes and lithium, nickel and rare earths at the Chalice West Project while simultaneously developing Jeffreys Find into a producing gold mine.
Auric Mining kicks off busy period of exploration and development at Chalice West and Jeffreys Find projects in WA
Auric will search for Chalice Mine lookalikes and lithium, nickel and rare earths at the Chalice West Project while simultaneously developing Jeffreys Find into a producing gold mine.
Auric Mining edges closer to commencing gold mining at Jeffreys Find; shares move up
The never-been-mined Jeffreys Find is a discrete gold project with a mineral resource estimate of 1.21 million tonnes at 1.22 g/t for 47,900 ounces of gold, which remains open at depth and with the deposit thickest at surface.
Auric Mining completes first phase of option agreement for Chalice West acquisition
The share issue completes the first-year payments to Mineral Business, a company controlled by geologist John Williams, totalling $675,000 in cash and shares, bringing Auric closer to a planned drilling program scheduled to begin in October
Auric Mining posts positive scoping study for Jeffreys Find gold deposit targeting up to $16.7 million surplus
“The scoping study highlights the potential of the Jeffreys Find Project to generate attractive profit margins and accumulate cash surpluses at current gold prices,” MD Mark English said.
Home is where the gold is
For Mark English, the accessibility of Auric Mining’s projects and the safe-haven nature of gold form the bedrock of the company’s success – and with the world looking like an ever-more-risky place, Mark’s philosophy of seeking your fortune
Auric Mining moves to acquire further prime country in Widgiemooltha/Norseman area of WA
“We believe this project provides an excellent opportunity for gold deposits and for a suite of other minerals. The possibility for nickel and lithium makes this a mouth-watering concept for our company,” says MD Mark English.
Auric Mining returns up to 96.57% gold during preliminary Munda test-work
The findings suggest that Munda’s gold mineralisation is ideally suited to conventional carbon-in-leach processing techniques.
Auric Mining’s latest testwork defines characteristics for CIL processing
Of the results, AWJ Technical Director John Utley said: “These results confirm the amenability of Jeffreys Find mineralisation to conventional CIL treatment. This is another critical step in our progression towards mining at Jeffreys Find.”
Auric Mining identifies new gold target
Importantly for Auric, seven of the 10 drill traverses returned assays over widths of 3 metres or more defining significant mineralisation over 300 metres strike length. A new drill target was defined along the north-eastern margin of the G