Mineral explorer Aurumin (ASX:AUN) has begun drilling at its wholly owned Mt Palmer Project, located 40km southeast of Southern Cross in Western Australia.
The company announced last week on 27 June that the drilling is targeting lithium-bearing pegmatites, with the first 4 diamond holes drilled that morning.
Aurumin says this drilling program is part of a previously announced program and Exploration Incentive Scheme funding agreement.
Commenting on the exploration activities, Aurumin Managing Director Brad Valiukas says: “Mt Palmer is prospective for lithium mineralisation and shows great potential, remaining unfinished business for the company since we announced results from orientation drilling in June last year.
“Mt Palmer is prospective for lithium mineralisation and shows great potential”
The EIS funding results from a competitive process and is excellent recognition of the lithium potential at Mt Palmer and the work completed to date.”
Aurumin is an ASX-listed company, focused on its 2 project areas in Western Australia. These include the Sandstone Gold Operations, comprising the Sandstone Gold, Johnson Range, and Birrigrin projects, alongside the Southern Cross Operations, comprising the Mt Dimer and Mt Palmer projects.
Write to Aaliyah Rogan at Mining.com.au
Images: Aurumin Ltd
