Lindsays Gold Project Tenement Sale Agreement Executed

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Stock Auric Mining Ltd (AWJ.ASX)
Release Time 20 Nov 2025, 8:19 a.m.
Price Sensitive Yes
 Auric Mining Executes Lindsays Gold Project Tenement Sale Agreement
Key Points
  • Tenement Sale Agreement signed for four key tenements forming part of the Lindsay's Gold Project
  • $300,000 paid to Vendors with additional $1,300,000 cash and $2,000,000 in shares to be paid upon successful resolution of Warden's Court action
  • Next Warden's Court hearing set for 21 November 2025
Full Summary

Auric Mining Limited (ASX: AWJ) has settled with Top Global Mining Pty Ltd and executed a Tenement Sale Agreement for the purchase of four tenements forming part of the Lindsay's Gold Project at Gindalbie, 60km northeast of Kalgoorlie. The agreement also provides Auric with sole rights to undertake work on, and management of, the action before the Warden's Court pertaining to tenement M27/169. Auric has paid $300,000 to the Vendors in part consideration, with an additional $1,300,000 cash and $2,000,000 in shares to be paid upon the successful resolution of the outstanding Warden's Court action on M27/169. The next Warden's Court hearing is scheduled for 21 November 2025. The signing of this Tenement Sale Agreement is a significant step towards Auric's ambitions for the Lindsay's Gold Project, which the company has been relentlessly acquiring over the past year.

Outlook

The signing of the Tenement Sale Agreement for the Lindsay's Gold Project is a key component in Auric's plans for 2025, as the company continues to fulfil its ambitions through securing a comprehensive package of tenements for the project.