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Aurumin Ltd. ( (AU:AUN) ) has issued an update.
Kula Gold Limited has announced significant high-grade gold results from its Stage 2 RC drilling at the Mt Palmer Gold Mine, with notable findings including intervals with gold concentrations as high as 31.3g/t. These promising results are expected to advance the project towards a resource estimation in the near term, enhancing the asset’s potential and potentially impacting the company’s operational and market positioning positively.
More about Aurumin Ltd.
Kula Gold Limited is a company operating in the gold mining industry, primarily focusing on exploration and development of gold projects. The company holds an 80% interest in the Mt Palmer Gold Mine located in the Southern Cross Goldfields, Western Australia, in a joint venture with Aurumin Limited.
Average Trading Volume: 1,027,460
Technical Sentiment Signal: Buy
For a thorough assessment of AUN stock, go to TipRanks’ Stock Analysis page.