Aurumin Ltd. (AU:AUN) has released an update.
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Aurumin Ltd. has partnered with Southern Geoscience Consultants to model geophysical data for iron ore exploration at its Central Sandstone Project, aiming to complement its gold resources with high-grade iron discoveries. Recent rock chip analyses have revealed promising high-grade iron ore, with a notable find of 67% Fe, near main transport routes, enhancing the project’s potential. The company anticipates that these developments, along with future drilling plans, could significantly impact the project’s viability and economics.
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