Major Drilling Programs Commenced at Munda
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| Stock | Auric Mining Ltd (AWJ.ASX) |
|---|---|
| Release Time | 28 Jul 2026, 8:26 a.m. |
| Price Sensitive | Yes |
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Auric Mining Commences Major Drilling at Munda Gold Mine
Key Points
- A major RC drilling program has commenced at Munda Gold Mine, aiming for infill and resource extension.
- The program targets the potential western extension of the orebody, with initial results showing promising grades.
- Geotechnical diamond drilling has also commenced to refine pit design parameters.
Full Summary
Auric Mining Limited has commenced a major resource development drilling program at its Munda Gold Mine, following the successful mining of the Munda Starter Pit. The program, comprising 135 holes for 12,900 meters, aims to test for gold mineralization to a depth of 120 meters. This initiative follows a 32% increase in the Munda gold resource in June 2026. Additionally, a geotechnical diamond drilling program has started to refine pit design parameters, which is crucial for the Ore Reserve estimation planned for the second half of 2026. The company also plans to begin grade control drilling in August 2026 to enhance mining efficiency.
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