Munda Gold Mine Mining and Toll Processing Update

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Stock Auric Mining Ltd (AWJ.ASX)
Release Time 14 Jan 2026, 8:23 a.m.
Price Sensitive Yes
 Auric Mining Provides Munda Gold Mine Update
Key Points
  • Approximately 67,000 tonnes of high-grade ore stockpiled at Munda as of 31 December 2025
  • Mining operations at Munda continuing into January 2026
  • Ore haulage to Lakewood Mill commenced on 10 January 2026
  • Toll processing at Lakewood Mill expected to begin around 27 January 2026
  • First cash from gold sales expected in late February 2026
Full Summary

Auric Mining Limited (ASX: AWJ) has provided an operational update on activities at its Munda Gold Mine, as the company advances toward toll processing and near-term cashflow generation. As of 31 December 2025, approximately 67,000 tonnes of high-grade ore was stockpiled on the Munda run-of-mine (ROM) pad, underpinning the upcoming toll processing campaign and positioning the company for imminent gold production and revenue. Mining operations at Munda recommenced in early January 2026, following a short pause. Ore haulage commenced on 10 January 2026, with material being transported to Black Cat Syndicate Ltd (ASX: BC8) Lakewood Mill in preparation for processing. Toll processing is expected to commence around 27 January 2026. Based on current timelines, Auric expects to receive its first cash proceeds from the sale of gold in late February 2026. The managing director commented that the restart of mining at Munda and the commencement of haulage marks an important step forward for Auric as it moves into the next phase of its toll processing strategy, and that the cash inflow from gold sales is expected to be substantial for a company of Auric's size.

Guidance

Auric expects to receive its first cash proceeds from the sale of gold in late February 2026.