- Aurumin (AUN) has released gold assays after a series of reverse circulation (RC) drilling at its wholly-owned, West Australian based Mt Dimmer Project
- The RC drilling was completed in November where four deposits and 30 holes have been explored throughout 2021
- Mt Dimmer’s historical drilling previously produced more than 125,000 ounces of gold, an open pit and underground production of 600,000 tonnes at 6.4g/t of gold
- One deposit, named The Lightning, returned eight metres at 15 grams per tonne (g/t) of gold from 71 metres, including one metre at 90.70g/t of gold from 72 metres
- Aurumin shares are trading grey at 20 cents a share
Aurumin (AUN) has released gold assays after a series of reverse circulation (RC) drilling at its wholly-owned, West Australian based Mt Dimmer Project.
The RC drilling was completed in November where four deposits and 30 holes have been explored throughout 2021.
Mt Dimmer’s historical high-grade drilling has previously produced more than 125,000 ounces of gold including an open pit and underground production of 600,000 tonnes at 6.4g/t of gold.
The Lightning deposit returned eight metres at 15 grams per tonne (g/t) of gold from 71 metres, including one metre at 90.70g/t of gold from 72 metres.
Frodo found two metres at 28.94g/t of gold from 106 metres, including one metre at 50.10g/t of gold from 106 metres.
Deposit LO3 retrieved four metres at 2.58g/t of gold from 52 metres, including one metre at 8.98g/t of gold from 52 metres.
The T12 deposit found seven metres at 2.50g/t of gold from 51 metres, including one metre at 7.51g/t of gold from 55 metres.
On December 8, shortly after completing the RC drilling at Mt Dimer, Aurumin entered a two-day trading halt amid a capital raise for which could have been related to an acquisition.
“We have received more high-grade intercepts at the historically high-grade Mt Dimer production centre”, Managing Director Brad Valiukas said.
“We will continue to advance our Southern Cross assets (Mt Dimer and Mt Palmer) in parallel with Sandstone Project acquisition (subject to completion).”
Aurumin shares were trading grey at 20 cents at 10.29 am AEDT.