Aurumin Hits Big Gold at Two Mile Hill

THE DRILL SERGEANT: Aurumin Limited (ASX: AUN) received assay results for a second hole of a recently completed reverse circulation (RC) and diamond drilling program at the company’s 100 per cent-owned Central Sandstone gold project in Western Australia.

Aurumin is conducting the drilling with the aims of both extending and better defining its previously reported Inferred underground Mineral Resource Estimate (MRE) of 14.2 million tonnes at 1.1 grams per tonne gold for 500,000 ounces of gold at Two Mile Hill.

Results from hole SN_TM_RD_22_0004 included a total intersection of:

224 metres at 1.5 grams per tonne gold from 229.6m down hole.

Highlights within this larger interval include:

49.6m at 2g/t gold from 269m;

20.2m at 2.6g/t gold from 325.2m;

12m at 3.7g/t gold from 381.4; and

9m at 2.2g/t gold from 427.2m.

“We are very happy with how Sandstone is progressing,” Aurumin managing director Brad Valiukas said in the company’s ASX announcement.

“We have been expanding our tenement footprint, looking for new deposits and advancing the currently inferred 500,000 ounces gold Two Mile Hill underground deposit with deep holes.

“This is another great result from Two Mile Hill.

“Like many other companies, we are frustrated by laboratory turnaround times on assays.

“We look forward to further results and, expect to see results for the final two diamond holes of the four hole program, this month.

“We continue to see the Two Mile Hill underground deposit as a key part of the project going forward, with the scale to potentially underpin future production.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@aurumin.com.au

 

Web: www.aurumin.com.au