Auris Minerals Ltd.
AASX:AUR0.01
AUD
+0.00
(-7.14%)
Auris Minerals Ltd.
ASX:AUR
(Australian Securities Exchange)
Recent
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0.01
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
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- Auris Minerals Limited Auris Minerals Limited (ASX:AUR) engages in mineral exploration for copper, gold, manganese, and base metals within the Bryah Basin region of Western Australia. The company maintains a strategic landholding of approximately 816 square kilometers across six key project areas, including Forrest, Cashman, Cheroona, Doolgunna, Morck Well, and Feather Cap; it targets high-grade copper-gold deposits, base metal systems, and manganese mineralization through air core drilling, geophysical surveys, and resource evaluation activities. Founded in 1999 and headquartered in West Perth, Australia, the company, formerly known as RNI NL until its name change in May 2017, operates exclusively in Australia with a focus on advancing prospective tenements amid favorable commodity market conditions. In October 2025, Auris Minerals secures a $3.2 million strategic placement to sophisticated investors at $0.004 per share, comprising approximately 800 million shares and 250 million unlisted options exercisable at the same price over three years; proceeds fund project acquisitions ($1.6 million), existing exploration ($350,000), offer costs ($250,000), and working capital ($1 million), with shareholder approval pending for the second tranche at a late November general meeting. Recent drilling at the McLean Well prospect within Morck Well yields promising results, including 35 meters at 8.9% manganese from 105 meters with a higher-grade interval of 4 meters at 16.1% manganese, confirming open mineralization trends for further extension.