Auric Mining to generate cash within six months of toll milling deal

NewsDirect
Friday, March 31, 2023 at 7:30pm UTC

--News Direct--

Auric Mining Ltd (ASX:AWJ) managing director Mark English tells Proactive about a toll milling agreement that will see the company generate cash within six months. Auric will mine the Jeffreys Find gold deposit alongside BML Ventures, which will exclusively cover all ongoing and working capital costs linked to the gold resource. Thanks to the financial upside, Auric is galvanised to advance its WA exploration portfolio, including the flagship Munda gold deposit in Widgiemooltha.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/auric-mining-to-generate-cash-within-six-months-of-toll-milling-deal-396766889