Auric Mining Limited (ASX:AWJ)

Auric Mining is a Western Australia-based exploration and development company focusing on promising gold, nickel, lithium and rare earths targets. The company aims to become a significant producer in this premier mining jurisdiction. The company currently operates four Western Australia assets: Widgiemooltha, Jeffreys Find, Spargoville, and Chalice West. Jeffreys Find is moving toward production with contractor BML Ventures set to undertake open-pit gold mining through a new agreement with Auric Mining. The company has completed an option agreement to acquire the Chalice West project. Inaugural drilling program commenced on October 17, 2022. The Munda Gold project is the company’s flagship asset, with a resource estimate of 198,700 ounces of gold and has potential to expand. Auric’s additional projects are progressing with Widgiemooltha, Spargoville and Chalice West yielding promising exploration results. A management team leads the company with a range of expertise throughout the natural resources industry. A successful team that has done it before. Large 516 km² landholding in premier mining jurisdiction in Western Australia. Moved from nil gold ounces to 246,000 ounces in the past 2 years. Board and leadership team with a track record of delivering success for shareholders.