Bulls N' Bears has covered Auric Mining's latest drilling results at Munda, including a 4m intercept at 10.49 g/t gold located roughly 100m west of the planned open pit.

The high grade extensional hit came from a broad-spaced reverse circulation program designed to both firm up existing ounces and test for resource growth beyond the current pit design. A separate close-spaced grade control program targeting the top 30m of the planned pit returned strong near-surface results, including a peak intercept of 15m at 5.56 g/t from 6m, which contained a richer 3m core at 19.30 g/t, along with 4m at 19.34 g/t from 9m and 9m at 7.82 g/t from 17m.

The article notes the results mark an encouraging start to a substantial drilling campaign aimed at de-risking the next stage of development ahead of a planned mine restart in 2027. With geotechnical diamond drilling now complete, Auric expects to deliver a final pit design and an updated ore reserve estimate for Munda next month.