AURUMIN LIMITED - ASX Briefs

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AURUMIN LIMITED (ASX: AUN)

AUN: Drilling for Lithium at Mt Palmer to Commence

AURUMIN LIMITED

Aurumin Limited to commence diamond drilling for lithium at Mt Palmer Project in Western Australia.
Drilling targets geology analogous to the Mt Holland lithium deposit, with 4 holes and approximately 1,000 meters to be drilled.
Exploration Incentive Scheme (EIS) Funding Agreement provides up to $150k of direct drilling and mobilization costs.

2023-06-21 08:48:00

AUN: Drilling at Sandstone to Commence

AURUMIN LIMITED

Drilling to commence on 9 open pit targets at Aurumin's Sandstone Project, with 44 holes planned and an estimated 5,000m to be drilled.
First pass exploration drilling follows up geochemical and structural targeting; all targets within 3km of the processing plant footprint.
Drilling expected to begin in the first half of June, targeting multiple depositional models and styles of mineralization.

2023-05-23 08:35:00

AUN: EIS Co-funded Drilling for Mt Palmer Lithium Project

AURUMIN LIMITED

Aurumin Limited secures up to $150k in EIS funding for exploration at its Mt Palmer Lithium Project.
All drilling permits granted for target areas, with planned holes focusing on high-priority lithium targets.
Diamond drilling will be utilized to test for broad flat lying pegmatites at a nominal depth of 250m.

2023-05-08 08:19:00

AUN: Capital Raising to Fund Continued Advancement at Sandstone

AURUMIN LIMITED

Aurumin Limited is conducting a capital raising of up to $4.7 million.
The capital raising includes a firm commitments placement raising $760,000 and a non-renounceable entitlement offer.
The entitlement offer is partially underwritten by GBA Capital for up to $1,240,000 and will provide one free attaching Quoted Option for every Share subscribed.

2023-03-09 10:50:00

AUN: Exploration Update - Soil Sampling Results

AURUMIN LIMITED

The Ultrafine (UF) soil geochemistry results identified gold in soil anomalism and has generated several robust targets.
Additional systematic UF soil sampling northeast of Two Mile Hill, has identified coincident gold and arsenic anomalies corresponding with a felsic intrusive intercepted in historical Rotary Air Blast (RAB) holes.
The Two-Mile Hill Deposit is hosted by similar felsic intrusive.

2023-01-30 08:47:00