Auric Mining has delivered a thumping finish to the year, raking in $14.6 million in gold sales and banking $8.8 million in net revenues after milling and haulage costs from its Munda starter pit near Widgiemooltha in Western Australia

In a gold market that continues to sizzle above A$6,000 an ounce, the company has found itself perfectly positioned to turn early production into hard cash – and plenty of it.

Jon Childs from JT Metallurgical Services holding a doré bar from Auric Mining’s Munda starter pit near Widgiemooltha in Western Australia.

Management says the operation has now chalked up 2,355 ounces sold across three pours. The latest parcel - totalling 565 ounces - went out the door at a whopping A$6,406 an ounce to add to the first 1,790 ounces that sold at an average A$6,130.

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