Auric Mining reports an upgrade to its Munda gold resource at a Western Australia project, increasing the total by 32% to 192,000 ounces. The company attributes the improvement to results from a “Starter Pit” campaign, which it says has both improved resource confidence and refined its geological model. Multiple outlets describe the Starter Pit as outperforming expectations, with one source noting production forecasts are exceeded by 46%. The resource increase is framed as supporting plans for a larger gold development, with the updated geological interpretation used to strengthen its view of the deposit. Across the articles, the key figures are consistent: the percentage increase (32%), the resulting resource total (192,000 ounces), and the role of the Starter Pit campaign in improving both operational outcomes and geological understanding. The reporting does not include additional project economics or details of inferred versus measured classification, but it indicates the update is intended to sharpen confidence in further development of the Munda deposit.
Auric Mining lifts Munda gold resource by 32% to 192,000 ounces
Auric Mining reports an upgrade to its Munda gold resource at a Western Australia project, increasing the total by 32% to 192,000 ounces. The company attributes the improvement to results from a “Star...
- Auric Mining increases its Munda gold resource by 32%.
- The upgraded resource totals 192,000 ounces.
- The company links the increase to a “Starter Pit” campaign.
- One report says the Starter Pit beats production forecasts by 46%.
- Auric says the results sharpen its geological model and confidence in a larger development.
Auric Mining has upgraded its Munda gold resource by 32 per cent to 192,000 ounces after a Starter Pit campaign beat production forecasts by 46 per cent and sharpened confidence in a larger gold development.
3 months agoAuric Mining has boosted Munda’s gold resource by 32 per cent to 192,000 ounces after a Starter Pit campaign that smashed production forecasts and sharpened its geological model.
3 months agoAuric Mining has boosted Munda’s gold resource by 32 per cent to 192,000 ounces after a Starter Pit campaign that smashed production forecasts and sharpened its geological model.
3 months agoAuric Mining has boosted Munda’s gold resource by 32 per cent to 192,000 ounces after a Starter Pit campaign that smashed production forecasts and sharpened its geological model.
3 months ago
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