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Aurumin gets help to define iron ore potential at Sandstone Bulls N' Bears 25 Jul 2024

Aurumin gets help to define iron ore potential at Sandstone

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Aurumin has called in the experts to help it assess newly-found iron ore potential at its flagship Sandstone project in Western Australia's Mid West region, in what could become a significant add-on to its gold prospects. The company has engaged Southern Geoscience to undertake modelling of the existing geophysical datasets from its past gold exploration activities in a bid to generate iron ore targets.

Aurumin sticks “real” iron into Sandstone gold fire Bulls N' Bears 18 Jul 2024

Aurumin sticks “real” iron into Sandstone gold fire

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Aurumin has unmasked what it says is a “real” high-grade iron ore discovery with the potential for significant scale at its flagship Sandstone gold project in Western Australia's Mid West region. The company has confirmed high-grade rock chip assays up to 67 per cent iron in banded-iron formations within a discontinuous strike of about 6km at the site.

Estrella inks landmark agreement with Timor Government Bulls N' Bears 28 Jun 2024

Estrella inks landmark agreement with Timor Government

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Estrella Resources has inked a milestone joint venture and royalty deed with Murak Rai Timor (MRT), the State-run mining arm of the Timor-Leste Government, to explore for manganese, copper and gold in that country. Estrella will hold 70 per cent of the newly-formed venture that includes three exploration licenses covering a landholding of 121.5 square metres, with MRT holding 30 per cent.

More manganese for Estrella in Timor-Leste hills Bulls N' Bears 19 Apr 2024

More manganese for Estrella in Timor-Leste hills

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Perth-based explorer Estrella Resources has uncovered another manganese prospect in Timor-Leste, with pXRF grades from float going as high as 27.9 per cent manganese. The company's new Sauro prospect sits just 12km south-east of its Lalena prospect that just last week threw up pXRF results from grab samples going up to 57.2 per cent and 48.1 per cent manganese.

Aurumin goes for gold after iron ore sale to MinRes Bulls N' Bears 24 Nov 2023

Aurumin goes for gold after iron ore sale to MinRes

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Aurumin has continued to level its exploration and financial focus further on its Sandstone gold project in Western Australia after selling the iron ore rights at its Mt Dimer operation to a subsidiary of Mineral Resources. It will retain exposure through progress and royalty payments as part of a $250,000 sale to Polaris Metals for iron ore rights at four of its Mt Dimer tenements.

Aurumin clears decks to focus on Sandstone project Bulls N' Bears 15 Nov 2023

Aurumin clears decks to focus on Sandstone project

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Aurumin is sharpening its focus on its Sandstone gold project in WA after selling its Mt Dimer ground in a strategic decision that has edged it closer to wiping out an overhanging $6.4 million debt. It will pocket $3 million from Beacon Minerals for the sale of Mt Dimer, leaving just $1.4 million to pay to remove a convertible note relating to its Sandstone acquisition.

Juniors to raise $15.1m Deals 09 Apr 2019

Juniors to raise $15.1m

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Three junior explorers have announced capital raisings, with Beacon Minerals and Galan Lithium allocating the funds raised towards their respective flagship projects, while Pacifico Minerals is seeking to acquire a project.

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