Aurumin Ltd (ASX:AUN) has generated several strong gold targets along a 1.4-kilometre strike on the north-western margin of the greenstone belt at the 946,000-ounce Sandstone Operations in WA.
The company completed systemic ultrafine (UF) soil sampling across large areas of the Central Sandstone Project, which combined with structural and geophysical data has produced robust targets for further exploration.
Apart from the large target with a 1.4-kilometre strike, soil results also revealed coincident gold and arsenic anomalies northeast of Two Mile Hill, with similar geology hosted by a felsic intrusive structure.
Dual approach of exploration and expansion
"We have been maintaining a dual-focused approach since acquiring the Central Sandstone Project, to both upgrade existing resources and identify new resources,” Aurumin managing director Brad Valiukas said.
“Soil sampling is an important step in a region that we believe remains both prospective and under-explored.
"We are pleased with these soil sample results and it is encouraging to see them aligning with structural and geophysical targets.
“These new gold anomalies highlight the prospectivity of Aurumin's tenement package for the identification of new resources with follow-up work.
"These results add to the multiple targets that we already have at Sandstone and will be considered for incorporation into the next drill program."
The Sandstone Operations, which include the Central Sandstone Project, hold a combined mineral resource estimate of 19.3 million tonnes at 1.5 g/t gold for 946,000 ounces, with plenty of exploration upside offering potential to increase that estimate.