THE DRILL SERGEANT: Aurumin (ASX: AUN) reported assay results from recent Reverse Circulation (RC) drilling undertaken at the company’s 100 per cent-owned Mt Dimer project, north-east of Southern Cross in Western Australia.
Aurumin conducted the RC drilling at seven deposits and prospects across the Mt Dimer project.
Mt Dimer is a historical high-grade production centre that produced over 125,000 ounces of gold, including open pit and underground production of 600,000 tonnes at 6.4 grams per tonne gold.
Drilling highlights included:
4 metres at 48.69 grams per tonne gold from 104m, including 1m at 153.5g/t gold from 106m;
5m at 19.26g/t gold from 61m, including 1m at 54.8g/t gold from 62m; and
8m at 5.7g/t gold from 100m, including 1m at 21g/t gold from 102m.
4m at 2.76g/t gold from 15m, including 2m at 4.02g/t gold from 16m; and
8m at 2.58g/t gold from 22m, including 2m at 4.4g/t gold from 26m.
“This is a tremendous intercept at the historically high-grade Mt Dimer production centre,” Aurumin managing director Brad Valiukas said in the company’s ASX announcement.
“These latest results both extend known mineralisation and progress T12 towards being declared a new deposit, further supporting our view of Mt Dimer having potential for multiple high-grade open pits.
“We are continuing to improve our understanding of the project, and these results support our revised interpretation of lithology, fluid pathways and prospective areas.
“Drilling is planned to recommence at Mt Dimer next month as we look to follow up these high-grade intercepts and increase the value of the project.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE