Aurumin Ltd. (AU:AUN) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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.
For further insights into AU:AUN stock, check out TipRanks’ Stock Analysis page.