Aurumin Limited (AUN) has expanded its flagship Sandstone Gold Operations with the acquisition of five new exploration tenements.
This addition reinforces Aurumin’s presence in the prolific Youanmi Terrane, located 520 kilometres northeast of Perth, as part of the company’s 100 per cent owned 946 koz Au Central Sandstone Project.
The newly acquired tenements, spanning an additional 60 square kilometres, include historical workings and well-defined mineralisation trends, which are key to Aurumin’s ongoing development strategy.
These tenements are poised to enhance the company’s exploration capabilities and drive significant value for stakeholders.
Aurumin Managing Director Brad Valiukas stated: “After repositioning the company for growth, we are pleased to be further investing into our flagship 946koz Sandstone Gold Operations with these additional tenements.
“We are focused on the Central Sandstone Project and generating the critical mass required for future production and have recently completed drilling of seven new targets and two extensional positions targeting additional open pit material to support an operational restart.
“These additional tenements are part of our longer-term plan to achieve sustainable production Sandstone and provide more exploration opportunities into the medium term.”
Aurumin Limited is an ASX-listed mineral exploration company focused on two project areas in Western Australia.
The Sandstone Gold Operations were cornerstone by the acquisition of the Central Sandstone Gold project by the company in early 2022.