Auric boosts gold bounty 50% with bargain WA buy
AI Summary
Auric Mining has agreed to acquire the Union Jack gold project in Western Australia for A$9.5 million in cash and shares. The deal is expected to increase its global resource by 51% to 301,000 ounces of mine-ready gold.
Auric Mining has locked in its WA Union Jack acquisition for $9.5m in cash and shares, lifting the company’s global resource by 51% to 301,000 mine-ready gold ounces.
Markets Deals Commodities Auric Mining gold acquisition Western Australia Union Jack mining resources