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- Aurumin (AUN) reports assays from a second hole in the recently completed drill program at its Central Sandstone gold project in WA
- The reverse circulation and diamond drilling program aimed to extend and better define the company’s inferred underground mineral resource estimate (MRE) at Two Mile Hill
- The hole intersected 224 metres at 1.5 grams per tonne (g/t) of gold from 229.6 metres
- Additional assays from two diamond drill holes are expected this month
- Shares are trading 6.67 per cent higher at 16 cents each at 2:13 pm AEST
Aurumin (AUN) has reported assays from a second hole in the recently completed drill program at its Central Sandstone gold project in WA.
The reverse circulation and diamond drilling program aimed to extend and better define the company’s inferred underground mineral resource estimate (MRE) at the Two Mile Hill deposit.
The hole intersected 224 metres at 1.5 grams per tonne (g/t) of gold from 229.6 metres.
This included higher grade hits of 49.6 metres at two g/t of gold from 269 metres, 20.2 metres at 2.6 g/t from 325.2 metres, 12 metres at 3.7 g/t from 381.4 metres, and nine metres at 2.2 g/t of gold from 427.2 metres.
Managing Director Brad Valiukas said the Two Mile Hill underground deposit is a key part of the project’s growth and is “very happy” with how Sandstone is progressing.
“We have been expanding our tenement footprint, looking for new deposits and advancing the currently inferred 500,000- ounce gold Two Mile Hill underground deposit with deep holes,” Mr Valiukas said.
Additional assays from two diamond drill holes are expected this month.
Shares were trading 6.67 per cent higher today at 16 cents each at 2:13 pm AEST.
