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Aurumin Ltd. ( (AU:AUN) ) has issued an announcement.
Aurumin Limited has completed a Reverse Circulation drilling program at its Johnson Range Gold Project, part of the Sandstone Gold Project, targeting the Gwendolyn deposit. The drilling aims to enhance geological confidence in the existing inferred resources, potentially upgrading them to an indicated classification to support future mining studies. With gold prices high, the company is well-positioned to advance the Gwendolyn deposit, located on a granted mining lease, towards development, pending positive assay results expected in mid-May.
More about Aurumin Ltd.
Aurumin Limited is a company operating in the gold mining industry, focusing on the exploration and development of gold resources. The company is primarily involved in projects such as the Sandstone Gold Project, which includes the Gwendolyn deposit, aiming to capitalize on near-term development opportunities.
YTD Price Performance: -15.15%
Average Trading Volume: 378,979
Technical Sentiment Signal: Sell
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