Auric Mining Limited

Spargoville Project

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Burbanks Mill

Auric Mining

Libre Franklin

The Spargoville tenements also sit just south of the Spargos Reward, owned by Westgold Resources which has identified 131,000 ounces of gold resource at 4.3 g/t Au.

The anomalous core to the Fugitive Prospect extends over 700m length and we don’t know to what depth – still too early to say whether there’s something big under there but lots of encouragement. To add to that, we’ve now opened up a new target at Anomaly 37.

We have defined a mineralised zone within an 80m wide basalt running along the spine of the Fugitive Prospect. Significantly mineralised intercepts are commonplace within this unit and while a coherent and potentially economic zone has been elusive, we’re encouraged by the results to date. There remains substantial. potential for economic mineralisation within the basalt.

Early days at Anomaly 37 where a distinct zone of mineralisation is hosted in ultramafics. We’re particularly keen to get some deeper holes into that mineralisation beneath a spectacular intercept in an historic hole and to the northof our drilling.

Towards the end of 2024 Auric announced encouraging results from an RC drill program at its Fugitive Prospect within the Spargoville Project. Best results included 2m @ 10.69gt Au and 1M @ 12.1g/t Au.

A total of 17 RC holes were drilled for 2497m; 5 holes in the Anomaly 37 Prospect and 12 holes in the Fugitive Prospect. The holes were drilled by Kalgoorlie-based Kennedy Drilling and holes sampled at 1m intervals.

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Spargoville Project Announcements

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