Auric Mining Ltd (ASX:AWJ) and its joint venture partner BML Ventures Pty Ltd welcome news that toll milling of 30,300 dry metric tonnes of ore from Jeffreys Find Gold Mine near Norseman has been completed with the JV on track to mill more than 300,000 tonnes in 2024.
Ore was processed at the Greenfields Mill at Coolgardie with six doré bars weighing 64.68 kilograms poured and these have been delivered to the Perth Mint for refining and sale.
Auric managing director Mark English said, “BML are wrapping up the first gold campaign of the year from Jeffreys Find. It looks good and will create millions of dollars in gross revenue for our joint venture. Jeffreys Find Gold Mine will be a substantial cash producer to Auric throughout 2024 and 2025.”
First gold sales imminent
Milling of Jeffreys Find ore began on April 17, 2024, and the campaign was completed on April 30, 2024
With first gold sales imminent, Auric expects it will soon know the number of ounces of gold from the campaign and gross revenue from the sales.
Doré bars at Greenfields Mill.
BML continues to mine and stockpile ore on the mine site ROM Pad and at the Greenfields Mill with the next gold campaigns scheduled for July and August 2024.
The JV partners expect to mill more than 300,000 tonnes of ore during stage two of the project. Stage one saw 176,000 tonnes processed to recover 9,741 ounces of gold.
The pit at Jeffreys Find.