Aurumin sharpens focus on Sandstone with new tenements
November 28, 2023 at 07:01 pm
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Aurumin Ltd (ASX:AUN) MD Brad Valiukas tells Proactive the company has expanded its footprint adjacent to the 881,000-ounce Sandstone Gold Project through the grant of three new tenements at which the company hopes to source further gold mineralisation. Tenements E57/1294, E57/1302 and E57/1371 have been granted at Sandstone, which is part of Aurumin’s Sandstone Operations also including the Birrigrin and Johnson Range projects with a total resource of 946,000 ounces. Minimal exploration has been carried out on the tenements to date with Aurumin planning to begin on-ground exploration activities shortly.
Valiukas said: "We are pleased to be solidifying our footprint in the Sandstone region with these tenement grants. These are good, prospective additions to our exploration ground, including directly adjacent to Aurumin’s existing mining tenements.”
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Proactive Investors
Jonathan Jackson
+61 413 713 744
Jonathan@proactiveinvestors.com
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Aurumin Limited is an Australia-based company focused on exploring and developing advanced gold projects. The Company has two project areas in Western Australia. The Sandstone Gold Operations consists of Sandstone Project and Johnson Range Project. In addition to the Sandstone Gold Operations, the Company has a significant landholding at its Southern Cross Operations, which includes Mt Palmer. The Sandstone Project is located 12 kilometer (km) south of the township of Sandstone, approximately 520 km northeast of Perth, and is accessed via a sealed highway between the mining towns of Mt Magnet and Leinster in the East Murchison Mineral Field of Western Australia. The Sandstone Project comprises of granted tenure covering 182 square kilometers (km2), including three granted mining licenses. The Johnson Range Project consists of approximately nine km2 of tenements. The Mount Palmer Project is located around 15 km east of the Marvel Loch townsite in the Shire of Yilgarn, Western Australia.