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Australia United Mining Advances Gold Exploration and Production Amid Tight Cash Flow

7:03pm on Monday 2nd of June, 2025 AEST Mining
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Australia United Mining Advances Gold Exploration and Production Amid Tight Cash Flow

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Joint venture with MinRex Resources advancing Sofala gold project in NSW
  • Ropewalk mine produced a gold-silver bar valued at over $92,000
  • Trenching at Lady Franklin and All Nations prospects revealed significant gold assays
  • Operating cash outflows of $61,000 with only $34,000 cash on hand at quarter end
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