Aurumin Limited (ASX: $AUN) has announced the commencement of drilling at its 100% owned Central Sandstone Project, which forms part of the Sandstone Operations. The project, located 520km northeast of Perth, boasts a total resource of 946koz Au. The company has initiated reverse circulation (RC) drilling to test up to 9 new open pit targets, with approximately 40 holes planned and 4,000m to be drilled. This marks the first pass exploration drilling following up geochemical and structural targeting, with a focus on 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. The targets are all on mining leases, within 3km of the processing plant footprint, and the first pass drilling assessment will be followed up rapidly with indications of success.
Following recent corporate activity where we have divested the Mt Dimer Mining Tenements, cleared the remaining balance of the Convertible Note, successfully raised capital for drilling and repositioned the Company for growth, we are excited to be back on the ground and drilling these outstanding targets. We are investing into our flagship 946koz Sandstone Gold Operations and this work aligns directly with our focus on the Central Sandstone Project and generating the critical mass required for future production, starting with open pits.
Aurumin Limited (ASX: $AUN) has initiated drilling at its Central Sandstone Project, demonstrating a commitment to further develop its 946koz Sandstone Gold Operations. The company's focus on open pit targets and rapid follow-up assessment indicates a proactive approach to advancing its mining operations. With a strong emphasis on generating critical mass for future production, Aurumin's strategic drilling activities align with its ambitions for growth and future gold mining operations. The company's proactive stance and focus on resource development bode well for its corporate strategy and future outlook.