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Aurumin Ltd. ( (AU:AUN) ) has provided an update.
Aurumin Ltd. reported significant progress in its gold and iron ore exploration activities for the quarter ending June 2025. The company achieved high-grade gold intercepts at the Johnson Range, which supports a potential upgrade of resources from Inferred to Indicated. Additionally, Aurumin announced a $4 million joint venture with Newcam for gold projects and a $1 million sale of non-gold rights to Newcam. The company also entered a Scheme Implementation Deed with Brightstar Resources to consolidate the Sandstone Gold District.
More about Aurumin Ltd.
Aurumin Ltd. operates in the mining industry with a focus on gold exploration and development. The company is involved in projects such as the Johnson Range and Mt Dimer gold projects, and it also deals with iron ore exploration.
Average Trading Volume: 1,249,630
Technical Sentiment Signal: Buy
For detailed information about AUN stock, go to TipRanks’ Stock Analysis page.