Aurumin Ltd (ASX:AUN) is hoping to increase its mining claims by entering a competitive ballot process for 15 tenements in the Sandstone area in Western Australia.
The applications include locations immediately adjacent to the exploration company’s Central Sandstone Project and north of Youanmi.
The ballots in the Sandstone area are a result of compulsory partial surrenders required by Section 65 of the Mining Act 1978 and contain applications from several parties.
Greater Sandstone Project and Youanmi with Aurumin tenements and applications in ballot.
Advanced gold projects
Aurumin is focused on two project areas in Western Australia.
The Sandstone Gold Operations were cornerstoned by the company's acquisition of the Central Sandstone Project in early 2022. The project has an 881,300 ounce gold mineral resource and significant project infrastructure to support a gold mining operation in the future.
The Johnson Range Project has a mineral resource of 64,700 ounces at a grade of 2.51 g/t gold located midway between Southern Cross and Sandstone.
In addition to the Sandstone Gold Operations, the company has a significant landholding at the Southern Cross Operations, including two historical high-grade production centres, Mt Dimer and Mt Palmer.