Auric Mining (ASX: AWJ) Reports 32% Increase in Munda Gold Deposit Mineral Resource Despite Mining Depletion🚀⛏️
Auric Mining (ASX: AWJ) has delivered a major upgrade at the Munda Gold Deposit, with the Mineral Resource increasing by 32% despite recent mining depletion.
The updated Munda resource now stands at 4.20Mt @ 1.43g/t Au for 192,000oz gold, highlighting the strength of the deposit and supporting future growth plans.
🔎 Key Highlights
Munda Mineral Resource increased 32% after depletion from recent mining
Updated resource: 4.20Mt @ 1.43g/t Au for 192,000oz Au
Combined resource + stockpiles: 4.26Mt @ 1.42g/t Au for 194,000oz Au
Deposit remains open along strike and at depth
Starter Pit delivered 8,886oz gold, 46% above budget expectations
Further ~2,900oz stockpiled for future processing
High-grade drilling supported the re-estimation, including: ⤷ 14m @ 115.67g/t Au ⤷ 10m @ 40.31g/t Au ⤷ 6m @ 66.44g/t Au
Scoping Study underway for integrated Munda + Burbanks Processing Plant development
📊 Market Snapshot
Share Price: $0.300 Market Cap: $55.19M
🌍 Why It Matters
Resource growth alongside stronger-than-expected production outcomes can significantly enhance project confidence and long-term development potential. With Munda outperforming expectations and remaining open for expansion, Auric continues progressing toward its goal of becoming a more integrated WA gold producer.
Visit: https://colitco.com/auric-mining-expands-munda-gold-resource/
⚠️ Disclaimer: This is not an investment advise, please do your own research for any investment decisions.








