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- Aurumin (AUN) has received high-grade results from reverse circulation drilling at its wholly owned Mt Dimer Project, northeast of Southern Cross in Western Australia
- Recent drilling at the Golden Slipper prospect returned some of the best extension exploration results to date, including seven metres at 7.55g/t gold from 86 metres
- All holes at Golden Slipper were successful in intersecting the structure, which comprise massive quartz veins
- Aurumin shares are up 3.85 per cent, trading at 27 cents
Aurumin (AUN) has received high grade results from reverse circulation drilling at its wholly owned Mt Dimer Project, northeast of Southern Cross in Western Australia.
Recent drilling at the Golden Slipper prospect returned some of the best extension exploration results to date, including seven metres at 7.55g/t gold from 86 metres.
Aurumin completed 3 reverse circulation drill holes for 326.5 meters at Golden Slipper, designed to intercept northerly trending mineralised structures, predominantly along strike and down dip from historical work.
All holes at Golden Slipper were successful in intersecting the structure, which comprise massive quartz veins.
Mt Dimer has a historical high grade production centre, having produced over 125,000 ounces of gold, including open-pit and underground production of 600,000 tonnes at 6.4 g/t gold.
There were no further significant assay result received from the remaining three drill lines testing ground-based sub-audio magnetic (SAM) survey targets.
“This is a great drill result at Golden Slipper, that potentially expands the mining footprint to the north,” said Managing Director, Brad Valiukas.
“This Golden Slipper result is indicative of what we will now be exploring for along the mineralised structures identified from the SAM survey targets.”
Aurumin shares are up 3.85 per cent, trading at 27 cents at 12:00 pm AEST.
