Aurumin Ltd (ASX:AUN) has begun reverse circulation (RC) drilling of gold targets at its 100%-owned Mt Dimer Project in Western Australia.
Results from a 2020 SAM (ground-based Sub-Audio Magnetic) survey over the Lightning, Golden Slipper and Frodo areas identified 13 primary targets, analogous to current known mineralisation positions, including the unmined Lightning deposit.
The current RC drilling program is planned as 50-plus holes for a total of 5,000 metres.
All preparation work for the drilling has been completed including environmental surveys, government approvals and clearing.
“Mt Dimer has considerable upside”
Mt Dimer, which is 120 kilometres northeast of Southern Cross, is a historical high-grade production centre, having produced more than 125,000 ounces of gold, including open pit and underground production of 600,000 tonnes at 6.4 g/t.
The current drilling will continue to define the existing high-grade Lighting and Golden Slipper deposits and test at least six new targets.
Aurumin managing director Brad Valiukas said: “Our view is that Mt Dimer has considerable upside and the potential for multiple open pits, in addition to the known high-grade Lightning and Golden Slipper deposits.
“This is a key driver of our late 2020 listing and it is extremely gratifying to be drilling these holes.
“The SAM survey covers a relatively small survey area of the granted mining tenements and a much a larger footprint is available to be tested in the future.”
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