Aurumin (ASX: AUN) managing director Brad Valiukas joins Small Caps to discuss the company's recent strategic moves focussed on building a mining company around its flagship Sandstone gold project in Western Australia.

With a history of production, Sandstone's current resource of 946,000 ounces of gold provides an ideal opportunity to take advantage of high gold prices.

Aurumin has identified a number of shallow, nearby targets to follow up as part of its plans to grow the known resource with an initial focus on compiling critical mass for early production.

Looking to take advantage of the significant legacy infrastructure and permitting in place, the future strategy is to grow an open pit inventory in the short term, allowing for a fast-track production start-up.

The already identified open pit resources include 307,000 ounces at Central Sandstone and 65,000 ounces at Johnson Range.

Articles:
https://smallcaps.com.au/aurumin-sets-stage-strong-2024-western-australian-gold-ventures/
https://smallcaps.com.au/aurumin-builds-sandstone-footprint-new-high-grade-gold-tenement/

For more information on Aurumin:
https://smallcaps.com.au/stocks/asx-aun/

See omnystudio.com/listener for privacy information.