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ASX AUN: 0.15 -3.23%
Aurumin Limited

Aurumin Limited

ASX: AUN

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    • Central Sandstone
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Mineral Resources

The Company has over 849,000oz of mineral resources defined on its properties, all estimated in accordance with the JORC Code. Specific details relating to the estimates for each project can be found by following the links below to the ASX announcement.

Sandstone Gold Project

The following JORC-2012 compliant Mineral Resource estimate for the SandstoneGold Project was completed between 2016 and 2021. Further details on the Mineral Resources can be found In Aurumin’s ASX announcement dated 15 December 2021.

Sandstone Open Pit Deposits - Summary Minerals Resource Estimates (2012 JORC Code) at 0.5g/t cut-off
Deposit Indicated Inferred Total
Tonnes (kt) Grade (g/t Au) Au (oz) Tonnes (kt) Grade (g/t Au) Au (oz) Tonnes (kt) Grade (g/t Au) Au (oz)
Two Mile Hill 1,901 1.1 66,000 178 0.8 5,000 2,078 1.1 71,000
Shillington 1,440 1.2 57,200 830 1.1 29,300 2,270 1.2 86,500 
Wirraminna 300 1.3 12,100 280 1.1 9,700 580 1.2 21,800
Old Town Well 282 1 8,800 68 0.6 1,400 351 0.9 10,100
Plum Pudding 384 1.1 13,100 35 0.9 1,000 419 1.1 14,100
Eureka 340 0.9 9,700 221 0.9 6,500 561 0.9 16,200
Twin Shafts 149 1 4,700 37 0.7 900 186 0.9 5,600
Goat Farm       398 1 13,200 398 1 13,200
McIntyre 496 1.2 19,400 67 0.9 1,900 562 1.2 21,300
Ridge 173 1.2 6,700 67 1.9 4,000 240 1.4 10,700
McClaren 236 1.4 10,600 60 1.7 3,200 296 1.5 13,800
Open Pit Subtotal 5,701 1.1 208,300 2,241 1 76,100 7,941 1.1 284,300
Sandstone Underground Deposit - Summary Minerals Resource Estimates (2012 JORC Code)
Two Mile Hill Deeps – Tonalite       14,000 1.1 480,000 14,000 1.1 480,000
Two Mile Hill Deeps – BIF       200 3.1 20,000 200 3.1 20,000
Underground Subtotal       14,200 1.1 500,000 14,200 1.1 500,000
TOTAL 5,701 1.1 208,300 16,220 1.2 569,600 22,141 1.1 784,300

The totals contained in the above table have been rounded to reflect the relative uncertainty of the estimates, which may result in some computational discrepancies.

Competent Person Statement

The information in this announcement that relates to exploration results and mineral resources for the projects in which the Company has or intends to acquire an interest over were first released in the Company’s announcement dated 15 December 2021. The Company confirms that it is not aware of any new information or data that materially affects the information included in the announcement and confirms that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed.

Johnson Range Project

The following JORC-2012 compliant Mineral Resource estimate for the Johnson Range Project was completed by Aurumin in August 2021. Further details on the Johnson Range Project can be found In Aurumin’s ASX announcement dated 25th August 2021.

Inferred
Deposit Cut-off (g/t Au) Max depth below surface (m) Tonnes Grade (g/t Au) Au Ounces
Gwendolyn 1.0 100 803,000 2.51 64,700

The totals contained in the above table have been rounded to reflect the relative uncertainty of the estimates, which may result in some computational discrepancies.

Competent Person Statement

The information in this announcement that relates to exploration results and mineral resources for the Johnson Range Project over were first released in the Company’s announcement dated 25 August 2021. The Company confirms that it is not aware of any new information or data that materially affects the information included in the announcement and confirms that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed.

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