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The latest announcement is out from Aurumin Ltd. ( (AU:AUN) ).
Kula Gold Limited, in joint venture with Aurumin Limited, has commenced drilling operations at the Mt Palmer Gold Project in the Southern Cross Goldfields. The company is focusing on both reverse circulation and diamond drilling to explore shallow gold prospects, with promising initial results indicating high-grade gold deposits. This development comes at a time when gold prices are exceeding $A5,500 per ounce, making it a potentially lucrative period for shareholders.
More about Aurumin Ltd.
Average Trading Volume: 980,746
Technical Sentiment Signal: Buy
Find detailed analytics on AUN stock on TipRanks’ Stock Analysis page.