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James Gurry

James Gurry

Sep 21, 2026

1:00
How many ounces did it produce in that year and at what grades and does it make any money?
1:04
Yeah, produced the best part of 500 ounces in the year, the 30th of June, at a very high grade of seven grams per tonne, which we're really pleased about.
1:12
And it's actually been profitable since the second quarter of 2026.
1:15
So we certainly plan to continue that profitable pathway.
1:23
What's the strategy with the mill? Can you make money toll treating other people's ore? Do you want to treat your own? Are you going to ramp up Fiddler's Creek? What's the plan with the mill?
1:31
Yeah, Matt, previously we had a lot of ounces, but we didn't have a mill and we didn't have that pathway to market.
1:36
So our ownership of Wedderburn will not only unlock the whole portfolio for ourselves in our own projects, But there is that possibility of tolling for other people as well.
1:46
So getting hold of our hands on the Wedderburn Mill, yeah, that's a key prize here.
0:00
Hi, my name's James Garrie.
0:01
I'm the managing director of Aurica Gold in Victoria, and, uh, we've got 455,000 ounces of gold, uh, through a series of projects in Western Victoria.
0:13
Uh, and we're on the fast track to production actually, having signed, uh, a, a toll milling agreement, um, nice and, and recently.
0:20
So it's wonderful to be talking to you guys today, and actually coincidentally, uh, we've just released some drilling results also.
0:28
So it's terrific to give you guys, uh, an update on the project, but also I'm the managing director and really, uh, the brains behind the geology.
0:37
Uh, and, uh, and the actual operations, uh, is Joseph Story and he is, uh, joining me today.

26 MINS LATER

26:52
It's, it's less efficient, um, but we get, we get the cash flow." You know, you're gonna have some issues from maybe brokers and say, "Well, hang on, these guys won't need me to raise some money, so it's of no interest to me 'cause I, I can't raise money, I can't charge fees." Um, but why, why should investors be excited by this, this, uh, view of yours?
27:11
Uh, because we trade for sub $20 million market cap, and we can get our first project into production, uh, you know, for a couple of, uh, a couple of million dollars or, uh, a touch more.

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