Business & Rural
13 March, 2026
Aureka gold mining contract renewed
Aureka Limited managing director James Gurry said these were “critical steps as pathways to near term low tonnage gold production are pursued for the Comstock Project”.
AUREKA Limited will continue mining for gold near St Arnaud until 2030 after the company renewed its contract.
Announced late last week, the company was “pleased” to announce the five-year renewal of the exploration licence and the completion of a high-accuracy LiDAR and photogrammetry for the St Arnaud Comstock open-cut pit.
Aureka Limited managing director James Gurry said these were “critical steps as pathways to near term low tonnage gold production are pursued for the Comstock Project”.
“The tenement renewal and LiDAR, comes after a highly successful 12 months on our promising Comstock Project,” he said.
“During this period, we declared our Maiden JORC Resource in May, completed over 2,200 metres of diamond drilling, and reported multiple instances of visible gold.
“We ended the year by signing an engagement with nearby mill owners and we saw expansion of mineralisation to the north and west of the pit.
“We also recently reported assays that included high grade 650g/t silver.
“This all sets up Comstock for an exciting future as we progress scoping level studies.”
Exploration manager Jozef Storey said the successful renewal secures the long-term future of St Arnaud Comstock Project.
“With the newly captured high-accuracy LiDAR and photogrammetry, the team are planning additional work programs with potential to further develop upon the high grade gold and silver intercepts identified during the 2025 drilling campaign.
“This will deliver further exploration success and continued progression at St Arnaud.”
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