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Highlights
Auric Mining and Black Cat Syndicate ink ore processing agreement for WA gold
Processing to begin from October with staged delivery to Lakewood Mill
Munda Starter Pit development reaches full-cycle milestone under new deal
Gold sector activity in Western Australia is heating up with Auric Mining Ltd (ASX:AWJ) and Black Cat Syndicate Ltd (ASX:BC8) formalising an ore processing agreement that is set to advance output from the Munda Gold Mine. Both companies are listed on the ASX 300, highlighting their growing footprint in the national resources landscape.
The agreement allows up to one hundred and twenty-five thousand tonnes of ore to be processed at Black Cat’s Lakewood Mill, situated in proximity to the Munda project. This processing will take place in defined campaigns, with the first expected to commence in October and be finalised by the close of January in the following year.
Ore Sourced from Auric’s Munda Starter Pit
The ore to be delivered to Lakewood will be sourced from the Starter Pit within the Munda Gold Mine. This mine, located near Widgiemooltha in Western Australia, is a cornerstone project in Auric’s portfolio. Resources from Munda have previously been defined with estimates based on cut-off grades typically used in open-pit gold operations.
Auric’s Managing Director described the agreement as instrumental in enabling the company to complete the mining, processing, and sale of gold derived from the 2025 phase of the Munda Starter Pit. Following the conclusion of this phase, the company intends to proceed with detailed planning for the larger-scale Munda Main Pit, with work expected to begin in the second quarter of 2026.
Lakewood Mill Secured as Processing Hub for Gold Ore
Black Cat Syndicate will handle ore processing at the Lakewood Mill, which it owns outright. The mill is strategically located just one hundred kilometres from Munda, allowing for efficient transport and logistics coordination. The mill’s availability ensures minimal delay between mining and processing, helping both companies streamline their production timelines.
The Managing Director of Black Cat emphasised the significance of the agreement, indicating it allows Lakewood to remain operational and productive while the company’s other gold projects, including Fingals and Majestic, move toward production readiness.
Collaborative Gold Output Timelines Set for Late 2025
Both Auric and Black Cat have signalled the likelihood of additional ore campaigns following the initial batch, with estimates suggesting further processing between November 2025 and January 2026. These campaigns will allow the companies to maintain momentum and manage output capacity in alignment with infrastructure availability and market conditions.
Auric’s strategic intent is to deliver a complete project cycle from pit to processing, positioning the Munda Gold Mine as a multi-phase asset in the gold-rich terrain of Western Australia. For Black Cat, the agreement enhances its near-term throughput and supports its broader ambition of becoming a prominent gold producer in the region.
Event Spotlight: Industry Engagement at Noosa Mining Conference
Black Cat Syndicate will also participate in the upcoming Noosa Mining Investor Conference scheduled at Peppers Noosa Resort. The event will feature key discussions around mining innovation, exploration, and investment, providing both visibility and networking opportunities for participating ASX-listed mining firms.
