Auric Mining MD Speaks With JustStocks Video As 142,000 Tonne Milling Campaign Commences

Auric Mining Ltd (ASX:AWJ) MD Mark English speaks with JustStocks Video after announcing The Greenfields Mill at Coolgardie commenced processing ore from Jeffreys Find Gold Mine near Norseman, on 28 November 2024.
Video Highlights
142,000 tonne milling campaign commenced at The Greenfields Mill, Coolgardie, on 28 November 2024. Campaign to run for approximately 7 weeks.
More than 53,000 tonnes at FMR Mill prior to commencement of processing.
More than 85,000 tonnes on ROM Pad at Jeffreys Find ready for haulage
First gold sales imminent.
Next cash distribution to Auric expected in December 2024
Jeffreys Find Gold Mine on target to mine 420,000+ tonnes in 2024/Q1 2025.
Greenfields will be conducting a weekly gold pour during the campaign with all gold to be refined and sold at The Perth Mint.
The joint venture is on target to complete the processing of 300,000 tonnes of ore at Greenfields Mill from Stage Two of the project.
BML also have a contract with the Three Mile Hill Plant at Coolgardie to process up to 120,000 tonnes of ore.
This would take the total mined at Jeffreys Find during Stage Two to 420,000 tonnes.
The joint venture is between Auric and BML.
BML are the miners, operators and managers of the Jeffreys Find Gold Project.
BML incurs and pays all mining, haulage, milling costs and all related expenses.
After sale of the gold BML subtracts all direct costs before splitting the surplus cash proceeds on a 50:50 basis.
Cash disbursements are paid to Auric by BML after agreement between the partners.
Auric is expecting cash distributions in December 2024 and further payments in 2025.