Auris Minerals Advances Gold Drilling Plans, Maintains Strong Cash Position
Auris Minerals Limited (ASX: AUR) advanced its exploration strategy during the June 2026 quarter by finalising a drilling program for priority gold targets at the Morck Well Project. Heritage surveys were completed in July, with approvals pending and drilling expected to begin in late August. The planned campaign will target the Jacques East and Frenchy’s South prospects, following earlier exploration results that identified promising gold mineralisation.
The company also initiated conceptual mining optimisation studies for the Forrest copper-gold deposit to assess potential development pathways. Independent engineering consultants have been engaged to evaluate mining options covering copper, gold and combined scenarios. Auris ended the quarter with a cash balance of $3.05 million, providing financial flexibility to progress exploration and assess additional growth opportunities. Management stated that it continues reviewing projects capable of strengthening the company's existing portfolio while enhancing long-term shareholder value.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Auris Minerals Advances Gold Drilling Plans, Maintains Strong Cash Position
Auris Minerals Limited (ASX: AUR) advanced its exploration strategy during the June 2026 quarter by finalising a drilling program for priority gold targets at the Morck Well Project. Heritage surveys were completed in July, with approvals pending and drilling expected to begin in late August. The planned campaign will target the Jacques East and Frenchy’s South prospects, following earlier exploration results that identified promising gold mineralisation.
The company also initiated conceptual mining optimisation studies for the Forrest copper-gold deposit to assess potential development pathways. Independent engineering consultants have been engaged to evaluate mining options covering copper, gold and combined scenarios. Auris ended the quarter with a cash balance of $3.05 million, providing financial flexibility to progress exploration and assess additional growth opportunities. Management stated that it continues reviewing projects capable of strengthening the company's existing portfolio while enhancing long-term shareholder value.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au