Milling and processing of first gold ore parcel nearing completion

Toll milling and processing of the first parcel of gold ore from Auric Mining’s (ASX:AWJ) Jeffreys Find gold mine is expected to be completed on August 7.

The initial parcel of 36,000t of ore is being processed at the Greenfields Mill at Coolgardie.

All gold doré from the first milling campaign will soon be at the Perth Mint where final refining will be undertaken. The number of ounces of gold from the maiden milling campaign will be known shortly and released to the market.

Managing director Mark English is pleased with the process made.

“We are highly satisfied to have put more tonnes through the mill than we anticipated; the first parcel was approximately 36,000t,” he said.

“The project is on schedule and going according to plan. To have the last gold pour of our maiden milling program just as Diggers and Dealers starts in Kalgoorlie is a wonderful reminder that junior explorers like us have a future in the Goldfields of WA.

“In a short amount of time we will have a clear understanding on how the project is unfolding with ounces recovered from the first ore parcel.”

Auric’s partner, BML Ventures, have stockpiled more than 100,000t of ore on the mine site run of mine pad, awaiting transport to the mill.

As of July 31, more than 8000t of ore on the run of mine pad awaiting processing.

Jeffreys Find is on target to achieve its first phase ambition of mining and processing 150,000t to 188,000t.