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#ASX Announcements
Added 2 weeks ago

STRUCTURES INTERSECTED AT MT DIMER

FIRST RESULTS FROM TESTING 2020 SAM SURVEY TARGETS.

Aurumin Limited (ASX: AUN) (“Aurumin” or “the Company”) is pleased to announce that further assays have been received from recent Reverse Circulation (RC) Drilling at its 100% owned Mt Dimer Project, located 120km north-east of Southern Cross in Western Australia. Mt Dimer is a historical highgrade production centre, having produced over 125,000 ounces of gold, including open pit and underground production of 600,000 tonnes @ 6.4 g/t.

The completed RC drilling programme identified multiple zones of quartz at approximate targeted positions. Recently returned assays have confirmed gold mineralisation on multiple new structures.

Highlights include:

MDRC2114 4.0m @ 3.60g/t Au from 95m
incl 1.0m @ 9.73g/t Au from 95m
LTRC2113 3.0m @ 2.71g/t Au from 61m
incl 1.0m @ 6.21g/t Au from 62m
LTRC2129 1.0m @ 4.33g/t Au from 78m

Assays are still in progress for a further three drill lines testing SAM survey targets and drilling at the Golden Slipper deposit.

Managing Director, Brad Valiukas, commented “This drilling has been highly successful, having both confirmed targeted structures and intersecting extensive gold mineralisation.

”We can now move to the next phase, where we will test along the identified structures rather than the wider spaced drill lines.

“Our view is that Mt Dimer has considerable upside and the potential for multiple open pits, in addition to the known high-grade Lightning and Golden Slipper deposits.

“We are looking forward to the last batch of assays from the SAM survey targets and the assays for Golden Slipper.

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#ASX Announcements
Added 2 weeks ago

ACTIVITIES REPORT FOR THE QUARTER ENDING 31 MARCH 2021

KEY HIGHLIGHTS

  • Thirteen new targets identified via SAM survey at Mt Dimer1
  • Commencement (and subsequent completion post quarter end) of 5,000m Mt Dimer drill programme testing primary SAM survey targets and existing high-grade Lighting and Golden Slipper deposits2
  • High-grade assay results at Mt Dimer’s Lightning deposit released post quarter end, highlights include

    LTRC2101 16.0m @ 4.44g/t Au from 52m
    incl 1.0m @ 12.35g/t Au from 53m
    and 3.0m @ 15.35g/t Au from 61m
    incl 1.0m @ 36.20g/t Au from 62m
    LTRC2105 4.0m @ 4.39g/t Au from 116m
    incl 1.0m @ 14.98g/t Au from 117m

 

Managing Director, Brad Valiukas, commented “This has been our first full quarter as a listed company and we have had some great results at Mt Dimer both geologically and from assays.

“We have an active quarter lined up with assays due from Mt Dimer, drilling at Mt Palmer currently in progress and subsequent assays, mapping at Mt Palmer and follow up drilling at Mt Dimer.”

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#ASX Announcements
Added 3 weeks ago

RC DRILLING COMMENCED AT MT PALMER

FIRST AURUMIN DRILLING AROUND HISTORICAL HIGH-GRADE MINE

Aurumin Limited (ASX: AUN) ("Aurumin" or "the Company") is pleased to announce the commencement of Reverse Circulation (RC) Drilling at its 100% owned Mt Palmer Project, located approximately 40km east south-east of Southern Cross in Western Australia.

Mt Palmer is Aurumin's second project with a history of high-grade production, historically producing approximately 158,000 ounces of gold at 15.9g/t before ceasing commercial operations in 1944.

Twenty-nine holes, for 2,500m, of Reverse Circulation (RC) drilling are planned. Drilling will test for extensions north and south of the historical mine and test for extensions to specific lodes in and around the mine.

Managing Director, Brad Valiukas, commented "Mt Palmer is our second project, and produced more gold at a higher grade than Mt Dimer.

"This first programme will get us started on both testing remnants and extensions. We have done what we can from the historical records, and it is now time to start putting holes in the ground and generating new data.

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#ASX Announcements
Added 3 weeks ago

HIGH-GRADE RESULTS AT LIGHTNING DEPOSIT

FIRST ASSAYS FROM RECENT RC DRILLING AT MT DIMER

Aurumin Limited (ASX: AUN) (“Aurumin” or “the Company”) is pleased to announce high-grade assays have been received from Reverse Circulation (RC) drilling at its 100% owned Mt Dimer Project, located 120km north-east of Southern Cross in Western Australia. Mt Dimer is a historical high-grade production centre, having produced over 125,000 ounces of gold, including open pit and underground production of 600,000 tonnes @ 6.4 g/t. Drilling of the recent RC programme commenced at Lightning, before moving onto new targets from the 2020 SAM Survey. Highlights at Lightning include:

Lightning:

LTRC2101
16.0m @ 4.44g/t Au from 52m
incl 1.0m @ 12.35g/t Au from 53m
and 3.0m @ 15.35g/t Au from 61m
incl 1.0m @ 36.20g/t Au from 62m

LTRC2105
4.0m @ 4.39g/t Au from 116m
incl 1.0m @ 14.98g/t Au from 117m

Managing Director, Brad Valiukas, commented “Some great assays from Lightning, both filling in a gap in the existing data and chasing some lateral extension to the north. The assays highlight the high-grade nature of mineralisation at Mt Dimer.

The majority of assays from testing targets generated by the 2020 SAM (ground based Sub-Audio Magnetic) survey are expected to be finalised and released in the near term

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#ASX Announcements
Added a month ago

RC DRILLING COMPLETED AT MT DIMER MULTIPLE QUARTZ

INTERSECTIONS FROM TESTING OF SAM SURVEY TARGETS

Aurumin Limited (ASX: AUN) (“Aurumin” or “the Company”) is pleased to announce the completion of a Reverse Circulation (RC) Drilling programme at its 100% owned Mt Dimer Project, located 120km north-east of Southern Cross in Western Australia. Mt Dimer is a historical high-grade production centre, having produced over 125,000 ounces of gold, including open pit and underground production of 600,000 tonnes @ 6.4 g/t.

This completed RC drilling programme at Mt Dimer was 59 holes for a total of 5,009m. All initial samples have been dispatched to the assay laboratory, and assay results are expected to be received progressively from mid-April.

The principal focus of the drill programme was to test the primary targets generated by the 2020 SAM (ground-based Sub-Audio Magnetic) survey. The programme tested 8 of the 13 primary targets, plus one target bordering the SAM survey (51 holes for 4,154m). Other holes were drilled at Lightning and Golden Slipper (8 holes for 855m).

The completed RC drilling programme has produced multiple quartz intersections at approximate targeted positions. Quartz intersections are located within the granodiorite host rock, with varying amounts of dolerite and gabbro in line with historical open pits.

Managing Director, Brad Valiukas, commented “Our view is that Mt Dimer has considerable upside and the potential for multiple open pits, in addition to the known high-grade Lightning and Golden Slipper deposits.

“We are extremely pleased with what we see in the drilling. There are quartz bearing structures located where expected and assay results are pending.”

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