Coffee with Samso Episode 154 is with Brad Valiukas, Managing Director of Aurumin Limited (ASX: AUN)   Aurumin Limited (ASX:AUN) listed on the Australian Stock Exchange (ASX) has been developing the Sandstone project since the last time we had a Coffee in January 2022.   When we last spoke to Brad Valiukas, they had just acquired the project. The strategy was to do more drilling to build a better database of the project. Over the time, Aurumin has made a lot of progress with four drilling program with extensive intersections of gold mineralisation.   Drilling results:

• 11/07/2022 - 344.00m @ 1.29 g/t Au
• 11/08/2022 - 224.00m @ 1.50 g/t Au
• 05/09/2022 - 352.80m @ 1.50 g/t Au
• 12/09/2022 - 242.70m @ 1.20 g/t Au

Looking at these drill holes I see some hidden points about the grades which will be carried in the upcoming resource model. The entire length may appear to only have a slightly higher grade than the resource but there are much better numbers within the intersection. To have an average of 1.5 g/t Au, you will definitely see much greater numbers within the length of the hole.   One also need to understand that the potential higher grades within the holes will also allow the flexibility of changing the style of mining. I see the potential of Sandstone as a matter of when and not if it will be positive. The geology will create opportunities and the recent drilling is clear indication that my assumptions are not too far off the mark.   Another important to consider is the potential lack of motivation of neighbouring deposits to go to mining. If this was to be the case, Aurumin could be able to consolidate their inventory and that will work perfectly for the model.   Chapters:   00:00 Start 00:20 Introduction 01:08 Updates from Brad 01:40 Discussion about the data points 03:44 Discussion about the intercepts 06:10 Potential and mineralization in Two Mile Hill 07:44 What was the motivation in chasing the tenement? 09:46 The Sandstone Province? 11:59 What we need to know about the new package? 13:02 Johnson Range 14:09 What is happening in Southern Cross? 14:57 The market going forward 15:39 News flow 16:37 Why Aurumin? 17:32 Conclusion