Auric Mining Limited (ASX: AWJ) – Eastern States Investor Presentation
In 2024 we are focused on two main assets
Auric has all the upside at its Norseman gold asset.
Jeffreys Find is a joint venture with BML Ventures of Kalgoorlie. They
manage, mine and assume all liabilities. We split all surplus cash
50:50. BML have proven to be an adept miner. Stage One mining in
2023 yielded almost $10 million in surplus cash. The gold price
continues to be robust and BML are now forecasting sharply higher
production and revenues.
Meanwhile at Widgiemooltha the Munda Gold Project is taking shape.
Munda is our flagship asset with a Production Target in excess of
100,000 ounces of gold. Munda has our focus and attention. We’ll be
concentrating our 2024 efforts in developing this asset as it has the
potential to become a major earner for the Company in the coming
years.