Auric adds ounces and new leadership to Munda

Auric Mining has been featured in Gold Mining Journal's Diggers & Dealers preview, spotlighting a double boost for the Munda Gold Project: a 32% increase in the gold resource and the appointment of Gareth Solly, former Black Cat Syndicate Managing Director, as CEO.

The updated Munda resource now stands at 4.2Mt @ 1.43 g/t for 192,000oz of gold, with standout grade control results including 14m @ 115 g/t and the deposit open along strike and at depth. The article also covers the Munda Starter Pit, which finished 46% ahead of forecast at 8,886oz, banking $46 million in cash and receivables, and the scoping study assessing the combined development of the larger Munda open pit and the Burbanks Mill, targeting production of up to 28,000oz per year and beyond.