Aurumin: Delivers MRE increases at Sandstone operations, WA

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
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Talucard Empowers Visually Impaired with New Biometric Card

Innovative solution enhances accessibility for the visually impaired community.Highlights: Talucard introduces a biometric card tailored for the visually...

Wero Strengthens Online Payments with Launch in Belgium

New platform aims to enhance e-commerce transactions in Belgium.Highlights: Wero has officially launched its online payment platform in...

Stablecoins Could Restrict Monetary Policy, Warns ECB

European Central Bank raises concerns about stablecoin impacts on financial systems.Highlights: ECB cautions about potential risks posed by...

Klarna and Stripe Strengthen BNPL Payments With AI Collaboration

New partnership aims to enhance buy now, pay later services through AI technology.Highlights: Klarna and Stripe team up...