Announcement Date: 2022-09-12
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Aurumin Ltd.
Project name: Sandstone
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 242.7m at 1.2g/t Au from 203.1m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Aurumin Limited (ASX: AUN) (“Aurumin” or “the Company”) is pleased to announce final assay results have been returned for the outstanding diamond hole samples and for the RC pre-collar samples of the recently completed Reverse Circulation (RC) and Diamond Drilling programme at its 100% owned Central Sandstone Gold Project. Drilling seeks to both extend and better define the Company’s previously reported inferred underground Mineral Resource Estimate (MRE) of 14.2Mt @ 1.1g/t Au for 500koz Au at Two Mile Hill. 1 Hole SN_TM_RD_22_0001 returned an intersection of 242.7m @ 1.20g/t Au from 203.1m down hole. Highlights within the larger interval include Hole SN_TM_RD_22_0001 was drilled using an RC pre-collar to 91.0m depth. From 91.0m drilling was by diamond core to end of hole at 609.3m. SN_TM_RD_22_0001 was designed to further test the northern portion of the Two Mile Hill inferred geological resource at depth. Drilling seeks to extend and better define the Company’s previously reported inferred underground Mineral Resource Estimate (MRE) of 14.2Mt @ 1.1g/t Au for 500koz Au at Two Mile Hill, with a focus on the tonalite intrusion between 250m and 500m below surface.1 (see Figure 1)
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