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Finance Investment, Oil Mining Resources

Aurumin Limited (ASX:AUN) – DRILLING FOR LITHIUM AT MT PALMER COMPLETED

Aurumin Limited (ASX: AUN) < 1 mins read

Aurumin Limited (ASX: AUN), a premier mining and exploration company (“Aurumin” or the “Company”), is excited to announce the completion of the drilling program at its 100% owned Mt Palmer Project. The drilling was targeting lithium bearing pegmatites at the site located 40km southeast of Southern Cross, Western Australia.

Key Highlights:

  • Completion of four diamond holes targeting lithium bearing pegmatites at Mt Palmer, resulting in a total of 994m drilled.
  • The process of drill core logging is underway, and sample preparations for assay are in progress.

  • The company employed targeted drillholes based on geochemical multielement anomalism, with lithium results up to 146ppm and tantalum results up to 391ppm.

  • The drilling exercise was executed as part of the previously disclosed EIS funding agreement.

“We are thrilled with the progress at Mt Palmer which holds high prospects for lithium mineralisation. This has been a pending project since the orientation drilling results were shared in June last year. The completion of this drilling phase brings us one step closer to realising our objectives,” said Brad Valiukas, Aurumin's Managing Director. “We eagerly anticipate sharing the market updates as soon as results are available."

The Company looks forward to revealing more detailed results and insights from the drilling samples in due course. It continues to be committed to unlocking the full potential of Mt Palmer Project and reaffirms its dedication to sustainable and responsible mining.

 


About us:

About AUN:

Aurumin Limited (ASX: AUN) is a Western Australian mining and exploration company focused on discovering and developing high-quality projects in established mining areas. The Company’s flagship project is the 100% owned Mt Palmer Project, located southeast of Southern Cross, Western Australia.


Contact details:

Jane Morgan

[email protected]

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