Aurelia gets Peak cash injection

FRESH from its purchase of Peak Mines in New South Wales’ Cobar Basin, Aurelia Metals has been able to pocket A$36 million in cash from strong March quarter production under the ‘locked box mechanism’ in the sale and purchase agreement with New Gold.

Aurelia gets Peak cash injection Aurelia gets Peak cash injection Aurelia gets Peak cash injection Aurelia gets Peak cash injection Aurelia gets Peak cash injection

Aurelia is already enjoying profits from Peak Mines.

While the base purchase US$58 million price for the acquisition of Peak closed just three weeks ago, the company said had benefitted from Peak's production of 25,433 ounces at all-in sustaining costs

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