Auric Mining's Golden Year

0:00Orch mining just dropped some serious gold bars on the ASX, posting a $5.2 million net profit for the financial year ending December 31st, 2025. Revenue shot up 144% to $20.6 million, free cash flow climbed 129% to $6.5 million and total assets balloon 61% to $34.8 million. This caps their breakout shift from Explorer to full on gold producer. It's their third straight profitable year fueled by smart moves at the Munda Gold Mine near Wiggymutha in Western Australia. Mining kicked off mid 2025 with the starter pay crushing expectations producing 8,886 ounces of gold. 46% above the original 6,100 ounce target thanks to killer head grades and recoveries. Monitoring director Mark Englisch called it a smooth transition to cash flow king and

1:00folks are buzzing about the impact. They sold every ounce for Munda at an average $7,178 per ounce plus the Jeffries fine joint venture. Rapped up strong, delivering over 29,500 ounces lifetime and $16.5 million in distributions from just a $1.2 million start. On top of that, they snagged the Burbank's gold processing plant near Cool Guardi, setting up their own milling muscle instead of relying on outsiders. This lines up Munda, the new Lindsay's project, and nearby spots to feed into a vertically integrated setup. With cash stacking up over $43 million by late March, outperforming pits and infrastructure locked in, or its prime to scale up big. Time in the gold game. That's the story for today, Sydney News Today, driven by AI. I'm Corey with the story.