Aurumin Limited (ASX: AUN) has initiated a significant drilling campaign at its Central Sandstone Project in Western Australia.
This project, which is wholly owned by Aurumin, represents a crucial step forward in the exploration and development of its Sandstone Operations.
The Central Sandstone Project is located 520 kilometres northeast of Perth and boasts an impressive 881,000 ounces of gold (Au), contributing to the company’s total resource of 946,000 ounces of gold across its Sandstone Operations, which also include the Birrigrin and Johnson Range projects.
The ambitious drilling program aims to test up to nine new open pit targets, with plans to drill approximately 40 holes spanning 4,000 metres.
This Reverse Circulation (RC) drilling campaign represents a first-pass exploration effort, following up on promising geochemical and structural targeting.
Aurumin’s exploration strategy is comprehensive, aiming to investigate multiple depositional models and styles of mineralisation, including porphyry/intrusive hosted vein styles, banded iron formations, and structural shear styles hosted in mafic and ultramafic units.
One significant advantage of the targeted areas is their location on mining leases, all within a three-kilometre radius of the existing processing plant footprint.
The company stated that this strategic positioning highlights its commitment to efficient and cost-effective exploration, with the potential for rapid development upon successful discovery.
Aurumin Limited Managing Director Brad Valiukas stated: “Following recent corporate activity where we have divested the Mt Dimer Mining Tenements, cleared the remaining balance of the Convertible Note, successfully raised capital for drilling and repositioned the Company for growth, we are excited to be back on the ground and drilling these outstanding targets.”
“We are investing in our flagship 946,000 ounce Sandstone Gold Operations, and this work aligns directly with our focus on the Central Sandstone Project and generating the critical mass required for future production, starting with open pits.”
Aurumin Limited is an ASX-listed mineral exploration company focused on two project areas in Western Australia.
The Sandstone Gold Operations were established with the acquisition of the Central Sandstone Gold Project by the company in early 2022.