Auric’s $10.8m Munda campaign: planning and pit optimisation notes for engineers
Reviewed by Tom Sullivan

First reported on Australian Mining
30 Second Briefing
Auric Mining has reported $10.8 million in revenue from its first Munda gold campaign near Widgiemooltha, Western Australia, signalling robust early-stage performance from the open-pit operation. Premier1 Lithium and Flynn Gold also released strong exploration results from their lithium and gold projects respectively, adding momentum to drilling programmes across multiple greenfield and brownfield tenements. For mine planners and geotechs, the cashflow from Munda’s initial phase strengthens the case for further resource definition drilling, pit optimisation and potential expansion studies in the Widgiemooltha district.
Technical Brief
- Early revenue and strong intercepts collectively de-risk funding for further resource definition and feasibility studies.
Our Take
Auric Mining’s gold-focused Munda campaign sits against a backdrop where lithium and gold repeatedly co-occur in our recent Australian coverage, signalling that juniors are often trying to straddle both battery and precious metal narratives to widen funding options.
Premier1 Lithium’s presence alongside Auric in this round-up reflects how lithium remains one of the most frequently tagged commodities in our mining project database, which tends to give even early-stage Australian lithium explorers disproportionate market and media visibility compared with single-commodity gold juniors.
With A2Z AI also mentioned, this piece taps into a cluster of items in our database linking AI and exploration, suggesting that data-driven targeting is moving from majors to smaller Australian players as they look to stretch limited exploration budgets further.
Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.
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