(via NewsDirect)
A short-term project, Jeffreys Find’s mine life is only expected to run until early 2025 at the latest. The mine is a joint venture between Auric and Kalgoorlie-based gold mine developer
BML are incurring and paying all mining costs and expenses.
“Today is an exciting milestone for Auric and our shareholders. We have gone from purchasing Jeffreys Find to mining it and producing gold within 2.5 years of our ASX listing. There is a lot more work to be done, results to be received and cash generated from this stage one mining of Jeffreys Find.” said English.
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