- Aurumin (AUN) reports assays for the first hole in its current drill program at its Central Sandstone gold project in the Murchison region of Western Australia
- The diamond and reverse circulation (RC) drill program aimed to extend and better define the existing mineral resource estimate (MRE)
- The first hole was drilled to a depth of 582.5 metres and hit 344 metres at 1.29 grams per tonne (g/t) of gold
- The company says it is looking forward to further results with the drill program now complete
- Shares in the company last traded at 11.5 cents each
Aurumin (AUN) has reported its first assays from drilling at its Central Sandstone gold project in the Murchison region of Western Australia.
The diamond and reverse circulation (RC) drill program aimed to extend and better define the existing mineral resource estimate (MRE).
The first hole was drilled to a pre-collar depth of 109.5 metres before diamond drilling extended it to a depth of 582.5 metres.
It intersected visible gold with results coming in at 344 metres at 1.29 grams per tonne (g/t) of gold.
Managing Director Brad Valiukas said he is pleased with how the project is progressing.
“This is a great result from our first hole at Two Mile. We look forward to further results, with the fourth diamond drill hole and program now completed,” he said.
“We continue to see the Two Mile Hill underground deposit as a key part of the project going forward, with the scale to potentially underpin future production.”
Shares in the company last traded at 11.5 cents each.