HomeFinTechAurumin: Delivers MRE increases at Sandstone operations, WA

Aurumin: Delivers MRE increases at Sandstone operations, WA

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Aurumin Delivers MRE increases at Sandstone operations, WA

  • Aurumin (AUN) increases the combined mineral resource estimate (MRE) for the Shillington and Two Mile Hill deposits within its Central Sandstone project in WA
  • Following recent drilling, the open pit deposits now have an MRE of just over four million tonnes at 1.4 g/t gold for 180,500 ounces
  • This takes the Central Sandstone’s total MRE to 18.5 million tonnes at 1.5 g/t gold for roughly 881,000 ounces of gold at a 0.73 g/t cut-off
  • When including the Johnson Range open pit deposit, the broader Sandstone operations’ MRE stands at 19.3 million tonnes at 1.5 g/t gold for 946,000 ounces, at a 1.0 g/t cut-off
  • AUN shares are up 3.7 per cent to trade at 8.4 cents at 3:28 pm AEDT
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