Auric Mining (ASX:AWJ) will bank $8.8 million from the sale of gold from the first three pours of gold from the Munda Starter Pit in Western Australia.
The three gold pours amounted to 2,355 ounces produced, with an average sale price of $6,200 per ounce. Gold’s spot price sat at $6,225.46 per ounce at the time of writing, as reported by ABC Bullion.
A further third gold pour from Munda Gold Mine is now also complete, with 565 ounces sold at $6,406 per ounce.
Managing Director Mark English says the total gross revenue to date of $14.6 million underscores the strength and value of the Munda Mine and planning for future operations.
“Its a huge close to the year for Auric,” English says.
“Adding in the next stage 65,000 tonne parcel already booked for processing at the Lakewood Mill in early 2026 will set the platform for another excellent year.”
On 2 November 2025, the processing of the first nearly 58,000 tonne parcel concluded at Lakewood Mill, with the company expecting the gold in circuit calculation to be determined by the end of this month.
Auric will begin detailed planning and scoping for the Munda Main Pit, with work scheduled to begin in Q1 2026.
The company says the Main Pit represents a ‘major’ opportunity to expand production and reinforce its ambition to build into an integrated, sustainable, mid-sized gold producer.
Write to Aaliyah Rogan at Mining.com.au
Images: Auric Mining
