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Aurumin Launches Drilling at Sandstone, Eyes $7M JV Boost
9:39am on Thursday 6th of February, 2025 AEDT
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Mining
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Aurumin Launches Drilling at Sandstone, Eyes $7M JV Boost
9:39am on Thursday 6th of February, 2025 AEDT
Key Points
Drilling commenced on 54 holes totaling approximately 2,000 meters
Targets high-grade iron ore with rock-chip assays up to 67% Fe
Newcam to fund 50% of drilling under a potential $7 million JV
Project infrastructure includes a 500ktpa CIL processing plant needing refurbishment
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