Aurumin Ltd. (AU:AUN) has released an update.
Aurumin Ltd. has announced the discovery of high-grade iron ore at their Central Sandstone Project, with rock-chip sampling revealing iron grades up to 67% Fe. This new find, which spans a 6km strike, offers potential for Direct Shipping Iron Ore and adds significant value to the existing gold project, potentially enhancing the overall economics of the operation. The company is planning further exploration and drilling to assess the full potential of this complementary iron ore opportunity.
For further insights into AU:AUN stock, check out TipRanks’ Stock Analysis page.
