Auric Mining boosts munda gold resource by 32%

• Auric Mining upgraded its Munda gold resource estimate by 32% to 192,000 ounces.
• The company share price remained unchanged at $0.16 following the operational update.
• Auric plans to launch an extensional reverse-circulation drilling programme covering 135 holes over approximately 12,900m.

Auric Mining (ASX:AWJ) executed an update to its Munda Project resource estimate, lifting the total figure by 32% to 192,000 ounces of gold.

The upgrade follows the completion of mining at the Munda Starter Pit, which surpassed initial production forecasts.

"The Munda Resource remains open along strike and at depth," said Auric Mining Managing Director Mark English.

The upcoming extensional reverse-circulation programme will comprise 135 holes spanning approximately 12,900 metres to test gold mineralisation to a depth of 120m.

Following the announcement, the Auric Mining share price was unchanged at $0.20.

The company previously completed grade control drilling at the Munda gold deposit using a 10-metre by 10-metre grid pattern across 361 holes.

Auric operates several other Western Australian tenements, including the Jeffreys Find Gold Mine and the Spargoville Project.