Aurumin Scores Big from Final Assays at Two Mile Hill

THE DRILL SERGEANT: Aurumin (ASX: AUN) received final assay results for the company’s 100 per cent-owned Central Sandstone gold project in Western Australia.

The results were for the remaining diamond drilling hole samples and reverse circulation (RC) pre-collar samples of a recently completed RC and diamond program at Central Sandstone.

Aurumin indicated the drilling is being carried out to both extend and better define the company’s current inferred underground Mineral Resource Estimate (MRE) of 14.2 million tonnes at 1.1 grams per tonne gold for 500,000 ounces gold at the project’s Two Mile Hill deposit.

Results included:

SN_TM_RD_22_0001
242.7 metres at 1.2 grams per tonne gold from 203.1m down hole.

Highlights within this interval include:

8.3m at 4.82g/t gold from 214.2m;
4.3m at 4.03g/t gold from 244.5m;
7.8m at 2.33g/t gold from 337.4m;
47.3m at 2.06g/t gold from 362.m, including 2.9m at 9.27g/t gold from 393m; and
5.1m at 7.83g/t gold from 400.7m.

The company explained this hole had been drilled to further test the northern portion of the Two Mile Hill inferred geological resource at depth.

“This is another good result and, along with the previously released diamond results, continues to add to the picture at Two Mile Hill,” Aurumin managing director Brad Valiukas said in the company’s ASX announcement.

“Along with the recently completed RC drilling at Shillington, this sets us up to now model the Shillington and Two Mile Hill deposits as a single geological complex, with known grade in the banded iron formation, mafic and tonalite.

“We are commencing an updated resource model and look forward to releasing the model results and plans for the next round of drilling.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.aurumin.com.au