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Finance Investment, Oil Mining Resources

Aurumin (ASX: AUN) – FIRST PASS DRILLING ON NEW TARGETS COMPLETED

Aurumin Limited (ASX: AUN) < 1 mins read

Aurumin Limited (ASX: AUN) (“Aurumin” or the “Company”) is pleased to announce drilling has been completed at the Company’s 100% owned, 881koz Au Central Sandstone Project, located 520km north east of Perth. The Project is part of the Company’s Sandstone Operations, which also includes the Birrigrin and Johnson Range Projects, and has a total Resource of 946koz Au. 

Highlights

Reverse Circulation (RC) drilling has been completed with 38 holes and 3888 metres drilled. 

- 7 new open pit targets tested with first pass exploration drilling 

- Drilling targeted multiple depositional models and styles including porphyry/intrusive hosted vein style, banded iron hosted and structural shear style hosted mineralisation in mafic and ultramafic units, in line with announcement on 3 April 2024

- Follow up drilling will be fast tracked subject to results. 

- 5 holes testing extensions at 2 existing open pit resources

- All targets are on the mining leases, within 3km of the processing plant footprint 

- Samples are currently being prepared for transport to the laboratory

Aurumin's Managing Director, Brad Valiukas, commented: 

“Drilling has been efficient and completed ahead of schedule. Priority and composite samples will be sent to the lab this week and we look forward to results being returned, and then following up with the next round of drilling. 

“We are investing into our flagship 946koz Sandstone Gold Operations, and this work aligns directly with our focus on generating the critical mass required for future production, starting with open pits.”


About us:

Aurumin Limited is an ASX-listed mineral exploration Company focused on two project areas in Western Australia. The Sandstone Gold Operations were cornerstone by the acquisition of the Central Sandstone Gold Project by the Company in early 2022.


Contact details:

Jane Morgan

jm@janemorganmanagement.com.au

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