Aurumin Drilling Hits High-Grade Gold at Plum Pudding
THE DRILL SERGEANT: Aurumin (ASX: AUN) received initial results from recent RC drilling undertaken at the company’s 100 per cent-owned Central Sandstone project in Western Australia.
The project is part of Aurumin’s Sandstone Operations, which also includes the Birrigrin and Johnson Range projects, and has a total Resource of 946,000 ounces of gold.
The drilling campaign tested seven new open pit targets with first pass exploration drilling, and aimed to extend two open pit Resources the company had released in April this year.
Aurumin claimed the campaign a success, with four of the seven new targets returning positive results and extensional drilling returning a healthy result at the Plum Pudding deposit.
Plum Pudding Extensional Drilling:
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18 metres at 25.8 grams per tonne gold from 30m, including 2m unexpected void at 0.0g/t gold, including 2m at 215.2g/t gold from 43m and 7m at 1.48g/t gold from 71m.
Two Mile Hill West – New Target:
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32m at 0.99g/t gold from 68m, including 4m at 4.28g/t gold from 76m (composite sample)
Old Town Trend – New Target:
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11m at 2g/t gold from 28m, including 4m at 2.97g/t gold from 32m (composite sample)
Mt Klempt – New Target:
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9m at 1.25g/t gold from 16m.
“These are great results from a first pass exploration drilling program,” Aurumin managing director Brad Valiukas said in the company’s ASX announcement.
“We achieved significant results at four out of seven targets; these were based on a combination of previous geochemical results and structural interpretation.
“Additionally, we got a bonanza result with extensional drilling at Plum Pudding, with a top assay of 344 grams per tonne and an unexpected void, likely old workings.
“Plum Pudding is now a priority target for additional work so we can expand our, currently modest, 14,000 ounce Resource.
“We are focussed on the Central Sandstone project and generating the critical mass required for future production, these results are a great step towards adding the required additional open pit material to support an operational restart.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE