Ann: Total Gold Sales of $23.5M from Jeffreys Find Campaign, page-4

Jeffreys Find Gold Mine.
Second Toll Milling Campaign Completed.
6,295 Ounces Produced; Gold Sales Total $23.5M.
HIGHLIGHTS
• The second toll milling campaign for 2024 has been completed.
• 6,295 ounces of gold produced from 128,000 tonnes milled.
• Gold sales for this campaign total $23.5 Million.
• Highest sale price at AUD$3,859 per ounce.
• Average sale price at AUD$3,731 per ounce.
• Auric has received initial surplus cash distribution of $2.0 Million.
MANAGEMENT COMMENT
Managing Director, Mark English, said: “We are in the sweetest possible place with
the mining of Jeffreys Find.
“Total production for the year has passed 7,500 ounces. Another toll milling
campaign is scheduled for the end of November. It will be a mighty run home for
Auric as the project draws to conclusion.
“Whilst the campaign processed lower tonnes than expected, the gross revenue
was higher due to the extraordinary gold price.
“The reconciled yield of 1.65 g/t was marginally below expectation but the recovery
of 93.2% was excellent.
“BML has a contract with Greenfields for 300,000 tonnes to be processed so it won’t
be long before milling starts again. We are anticipating a further 142,000 tonnes to
be processed in 2024 and early into 2025 at Greenfields.
“Jeffreys Find will produce substantial cash for Auric. It has been an outstanding
investment,” said Mr English.