Aurumin Ltd. (AU:AUN) has released an update.
Aurumin Ltd. has initiated a reverse circulation drilling program at the historic Mt Palmer Gold Mine, aiming to explore high-grade gold targets within a 10km greenstone belt. The project leverages proximity to existing gold processing plants to expedite potential developments. This strategic move is designed to capitalize on the site’s past production, which yielded gold at 15.9 grams per tonne until 1944.
For further insights into AU:AUN stock, check out TipRanks’ Stock Analysis page.
