Auric Mining (ASX: AWJ) has mined gold, made money, and done it twice. Managing Director Mark English joins LEVRD to talk through the A$38 million pulled out of Jeffreys Find and Munda, the Union Jack acquisition that just lifted group inventory 51% to 301,000 ounces, the hire of former Black Cat Syndicate boss Gareth Solly, and the A$137 million plan to build Auric its own mill at Burbanks.

What we covered:

• What Auric is today after two completed, profitable campaigns

• "WA's next fully integrated mining house" — what it actually means

• How much of the A$38M is campaign cash, not raised cash

• Union Jack: 102,000oz at 1.02g/t, and why now

• The deal terms — A$6.5M cash, 12.5M shares, A$7M milestones, 1% royalty

• An all-Inferred resource, and the plan to drill it out

• Depth at Union Jack: 16m @ 4.34g/t from 184m

• Gareth Solly's mandate, and how he and Mark split the wheel

• Munda Starter Pit: 8,886oz against a 6,100oz budget

• Grade reconciled 2.46g/t vs 1.80g/t — what the model missed

• Recovery 89.5% vs 83% budgeted — ore or mill?

• How a permitted mill site sold for A$4.4M

• New 600ktpa CIL plant, not a refurb — where the A$137M goes

• Approvals status and the early-2027 construction trigger

• Scoping Study: 141,000oz over 56 months, A$2,843/oz AISC

• Funding the build: more M&A, royalties and streams vs equity

• Lindsay's, the Wardens' Court, and whether Union Jack replaces it

• Spargoville, 10km from Wattle Dam