Aurumin (ASX:AUN) - Managing Director, Brad Valiukas
Managing Director, Brad Valiukas
Source: Aurumin
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  • Aurumin (AUN) locks in a drilling date for its Mt Palmer Project in Western Australia
  • The drilling will target lithium-bearing pegmatites and is set to begin on April 25
  • The initial program of work has been approved with the drilling contractor, which will include a 1000 metre to 1500 metre orientation program
  • A further program is now in the process of being submitted for a planned second phase of drilling to target additional areas of surface anomalism
  • Aurumin is up 7.5 per cent, trading at 21.5 cents

Aurumin (AUN) has locked in a date to begin drilling at its Mt Palmer Project in Western Australia.

The drilling will target lithium-bearing pegmatites at Aurumin’s wholly-owned project and is set to begin next week on April 25.

The news follows the completion of Aurumin’s soil sampling program at Vickers Find South, which is now pending laboratory analysis.

Aurumin said it now plans to drill test the targets where pegmatites have previously been identified.

The initial program of work has been approved with the drilling contractor, which will include a 1000 metre to 1500 metre orientation program.

“We are eagerly awaiting the full soil sample results from the assay lab, but there are a lot of positive indicators both at Mt Palmer and in comparison to other projects in the region,” Managing Director, Brad Valiukas said.

“This first program will drill through the pegmatite package and help define the geology, using the XRF results and historical logs as an initial guide.”

A further program is now in the process of being submitted for a planned second phase of drilling to target additional areas of surface anomalism.

Aurumin was up 7.5 per cent, trading at 21.5 cents at 1:38 pm AEST.

AUN by the numbers
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