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An update from Aurumin Ltd. ( (AU:AUN) ) is now available.
Aurumin Limited has completed its drilling program at the Central Sandstone Project, which is part of a due diligence process under an option agreement with Newcam Mineral Pty Ltd. This program tested seven priority targets with 54 holes drilled and aims to evaluate the potential for direct shipping iron ore. The potential joint venture with Newcam could provide up to $7 million in project funding, marking a significant step in advancing Aurumin’s exploration efforts.
More about Aurumin Ltd.
Aurumin Limited is a mining company focused on the exploration and development of mineral resources, particularly iron ore, at its Sandstone Project in Western Australia.
YTD Price Performance: -5.71%
Average Trading Volume: 557,745
Technical Sentiment Consensus Rating: Sell
See more data about AUN stock on TipRanks’ Stock Analysis page.
