The latest announcement is out from Auric Mining Ltd. ( (AU:AWJ) ).
Auric Mining Limited has announced the acquisition of eight tenements from Loded Dog Prospecting Pty Ltd, covering 113 square kilometers in the Widgiemooltha-Higginsville district. This move strengthens Auric’s presence in the area, known for its numerous gold mines, and aligns with the company’s strategy to expand its footprint and capitalize on the region’s promising geology. The acquisition involves a payment of $475,000, with additional milestone payments and royalties based on future resource discoveries and production, potentially enhancing Auric’s operational capabilities and market position.
More about Auric Mining Ltd.
Auric Mining Limited is a company operating in the mining industry, focusing on gold exploration and production. It is strategically positioned in the Widgiemooltha-Higginsville area, known for its rich geological endowment and mining infrastructure.
YTD Price Performance: -13.24%
Average Trading Volume: 606,623
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$43.94M
See more data about AWJ stock on TipRanks’ Stock Analysis page.