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Aurumin Strikes $7M Iron Ore JV and Advances High-Grade Gold Drilling at Sandstone

7:03pm on Monday 2nd of June, 2025 AEST Mining
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Aurumin Strikes $7M Iron Ore JV and Advances High-Grade Gold Drilling at Sandstone

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Exclusive option for 50:50 iron ore joint venture with Newcam Minerals valued up to $7 million
  • Completion of 1,476m RC drilling targeting high-grade gold extensions at Plum Pudding and Shillington
  • Successful $2.2 million private placement to fund ongoing exploration and development
  • Board reshuffle with Daniel Raihani appointed Managing Director and two new Non-Executive Directors
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