The Munda Gold Project comprises Mining Lease M15/87. It is wholly owned by Auric Mining with Neometals Ltd holding the Ni and Li rights.
The Project is located approximately 34 km south-west of the mining town of Kambalda and is conveniently situated 5km west of the township of Widgiemooltha. The Project is 3km southwest of the Widgiemooltha Gold Project which is held by Mincor Resources.
Munda gold mineralization is hosted in basalts and ultramafics at the intersection with a gold mineralized cross-cutting structure.
Drilling to test new targets planned for early 2021.