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Aurumin (ASX:AUN) - Managing Director, Brad Valiukas
Managing Director, Brad Valiukas
Source: Aurumin
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  • Aurumin (AUN) is set to begin drilling at its Mt Dimer Project in Western Australia with work beginning on July 12
  • Roughly 2500 metres of reverse circulation (RC) drilling will be undertaken to build on the previous successful programs and follow up new prospects
  • Aurumin expects the drilling to take roughly three weeks with assays to be received and analysed five weeks later
  • Once received, Aurumin will plan and begin further drilling programs for later in the year
  • Aurumin has ended the day 5.26 per cent in the green with shares trading at 20 cents

Aurumin (AUN) is set to begin drilling at its Mt Dimer Project in Western Australia with work beginning on July 12.

Mt Dimer lies roughly 120 kilometres northwest of Southern Cross and has produced over 125,000 ounces of gold.

Roughly 2500 metres of reverse circulation (RC) drilling will be undertaken to build on the previous successful programs at the Lightning, Golden Slipper and Lo3 deposits.

Focus will also be on the newly identified mineralised structures at the T6, T12 and T25 prospects.

Lightning

Mineralisation at Lightning consists of multiple narrow high-grade quartz bearing ore shoots that plunge steeply to the north.

This upcoming drilling has been designed to follow up a possible new high-grade ore shoot immediately north of the deposit.

Golden Slipper

Mineralisation at Golden Slipper also consists of multiple narrow high-grade quartz bearing ore shoots that plunge steeply to the north.

Drilling will target extensions to the mineralisation both along strike and down plunge with focus on previously identified ore shoots.

Aurumin will also follow up on the recent result of seven metres at 7.55 grams of gold per tonne (g/t).

LO3

The LO3 Deposit was mined in the mid 1990s and limited underground workings.

Drilling will target the continuation of the high-grade ore shoots and have been previously mined in open pit and underground.

Aurumin will aim to target the potential for additional ore shoots immediately north and south of the open pit.

T6

Drilling at the T6 Deposit will aim to target extensions to the mineralisation along strike and follow up on a mineralised structures identified in previous drilling.

T12

Drilling at T12 will aim to confirm the structure to the north and south of the outcrop and link it to other mineralisation.

T24

The T24 Prospect occurs as a massive quartz-vein with associated pyrite and lies east of the Lightning Deposit.

Upcoming drilling will aim to confirm and extend the structure.

Aurumin expects the drilling to take roughly three weeks with assays to be received and analysed five weeks later.

Once received, Aurumin will plan and begin further drilling programs for later in the year.

Aurumin has ended the day 5.26 per cent in the green with shares trading at 20 cents in a $16.48 million market cap.

AUN by the numbers
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