Auric Mining: Completes WA exploration program

Must read

Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Auric Mining Completes WA exploration program

  • Auric Mining (AWJ) has completed reverse circulation (RC), aircore drilling and soil sampling over the Widgiemooltha Gold and Spargoville projects in WA
  • Aircore drilling was undertaken to test large areas beneath surface cover with soil sampling then completed to complement the drilling where cover was less effective
  • Background gold concentrations were less than eight parts per billion (ppb) and anything more than 10ppb is considered anomalous
  • Two of the four soil sampling areas returned encouraging results with work supporting the interpretation that the gold anomalism is associated with ultramafics and basalts
  • Auris ends the day in the grey with shares trading at 4.9 cents
- Advertisement -
Exit mobile version