Just four years since listing Auric Mining has progressed to Rising Resource Star status becoming a gold producer along the way in the remarkable Goldfields of WA.
Auric Mining is surrounded by some of the richest mineral deposits in the world. Nearby are the largest gold mines in Australia which over the past century and a bit have produced more than 100 million ounces of gold. Little wonder this part of the world is known as a global gold capital.
And Auric Mining, a junior explorer and miner, has proved itself to be a unique small gold player, producing a maiden 10,000 ounces from 176,000 tonnes in 20231 and now on track to mine more than 400,000 tonnes in 2024/252.
Truly, Auric is in the shadow of the Golden Eagle, the legendary 35kg nugget found just a few kms from the company’s prime gold asset at Widgiemooltha.
Our Mandate
Our mandate is pure and simple. To exercise disciplined creativity to exponentially increase the size and scale of our high-grade gold assets in the Goldfields at:
- The Widgiemooltha Gold Project & Munda Gold Deposit – Adjacent to the town of Widgiemooltha.
- Jeffrey’s Find Gold Mine – East of Norseman
- The Spargoville Project – South West of Kambalda
- The Chalice West Project – Between Norseman & Widgiemooltha
Our Objective
Our objective is straightforward and simple. To find and mine a million plus ounces of gold at our projects via rapid drilling programs, and to actively acquire new tenements. As a miner we aim to exploit our resources with vigor and efficiency, whilst developing a highly-profitable company in a world-class gold mining district. The Company has achieved its initial ambition of becoming self funding and is now cashed up as we put in place a pipeline of cash surpluses in the years ahead.
Our Responsibility
At Auric responsible exploration and mining is not just a figure of speech. It is both a duty and a commitment. We are a principled and ethical company, trying our best to be good neighbours, fully committed to our people, our community, the traditional landowners and the environment.
- 1: ASX:AWJ Announcement 1 December 2023: Jeffreys Find Gold Mine – Stage One Reconciliation.
- 2: ASX:AWJ Announcement 25 November 2024: Investor Presentation.
Our vision is to become a substantial gold producer and explorer in the heart of The Goldfields of Western Australia.
Auric is leading the way whilst always being a responsible gold mining company, dedicated to unlocking the full potential of precious metal resources in the area radiating out from Widgiemooltha in Western Australia.
Through innovation, sustainable practices, and strategic partnerships, we aim to create long-term value for our shareholders, while contributing positively to the communities and environment in which we operate.
Our company strategy centres on three key pillars:
We will prioritise exploration and development efforts to discover and extract gold resources efficiently, utilising cutting-edge technology and industry best practices to maximise the value of our reserves.
We are committed to maintaining a sustainable approach in our operations, focusing on environmental stewardship, social responsibility and health and safety standards. By nurturing strong relationships with local communities, governments, traditional landowners and stakeholders, we aim to ensure a positive and lasting impact on the regions we operate in.
Through continuous improvement and cost optimisation, we will enhance our operational efficiency, striving to achieve a lean and agile organisation that can adapt to market dynamics while delivering consistent results and shareholder capital growth.
Integrity
We uphold the highest ethical standards in all our interactions, ensuring transparency, honesty, and accountability at every level of the organization.
Innovation
We encourage a culture of creativity and forward-thinking, embracing innovation to drive technological advancements and find better, more sustainable ways to mine.
Safety
The safety and well-being of our employees and partners are paramount. We prioritise a zero-harm approach, fostering a secure and supportive working environment for all.
Collaboration
We believe in the power of collaboration, forging strong partnerships with local communities, governments, traditional landowners and industry peers to foster mutual growth and prosperity.
Value Creation
We are dedicated to creating long-term value for our shareholders, employees, traditional land owners and other stakeholders, while being conscious of our impact on the environment and society.
A first class gold exploration geologist. A vastly experienced chartered accountant. A financial markets expert and corporate executive. It’s no accident that, in a very short period of time since our listing as a public company Auric Mining has made its mark as a gold company.
Auric Mining’s Management and Board of Directors are collectively a powerhouse team of talent with a wealth of experience in gold discovery, in mine operations and across the full spectrum of finance and administration of a public company. That experience stretches to all parts of the globe.
