AWJ Price sensitive 18 Nov 2025, 11:08 AM

Update - Munda Buoyant Sales Deliver Auric $14.6M Revenue

Auric Mining Ltd

Auric Mining Delivers $14.6M Revenue from Munda Gold Mine

Key points

  • $14.6M gold sales resulting in $8.8M net revenue
  • 2,355 ounces produced from three gold pours
  • Average sale price of A$6,200 per ounce

Full summary

Auric Mining Ltd (ASX: AWJ) has announced excellent sales and cash generation from its Munda Gold Mine. The company has reported $14.6M in total gold sales, resulting in $8.8M in net revenue after milling and haulage costs. This was achieved through three gold pours that produced 2,355 ounces at an average sale price of A$6,200 per ounce. The company expects to bank further cash within the fortnight as it finalizes the gold in circuit (GIC) calculation from the first 58,000-tonne processing campaign at the Lakewood Mill. With the initial Munda Starter Pit campaign complete, Auric will now commence planning and scoping for the Munda Main Pit, which represents a major opportunity to expand production and reinforce the company's ambition to become an integrated, sustainable, mid-sized gold producer.

Guidance

Auric expects to bank further cash within the fortnight from the Munda Starter Pit campaign. The company has also booked a second 65,000-tonne processing campaign at the Lakewood Mill, commencing in mid-January 2026.

Outlook

With the Munda Starter Pit campaign complete, Auric will commence detailed planning and scoping for the Munda Main Pit, with work scheduled to begin in Q1/2026. The Main Pit represents a major opportunity to expand production and reinforce Auric's ambition to build into an integrated, sustainable, mid-sized gold producer.

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