Rooster Talk: Aurumin Ltd – the beginnings of a gold producer

Aurumin recently completed the acquisition of the 784,000 ounce sandstone gold project from Middle Island Resources.

Rooster Talk Episode 54 is with Brad Valiukas, Managing Director of Arumin Ltd (ASX: AUN).

Now is the time for Aurumin Ltd (ASX:AUN) to step up and achieve its aspiration to become a mid-tier gold miner.

We know where the ounces are, we will try to provide a result. -Brad Valiukas.

In this episode, we get an update from Brad on the way forward for Auramine after completing the acquisition. We talked about how management was going to plan the work that will take place over the next 12 to 18 months.

Mount Dimer, Mount Palmer and Johnson Range are still essential projects for the company. However, with this acquisition, the Sandstone project is a step forward. In saying this, Brad assures us that there is still a lot of work to be done with existing projects.

There is no doubt that the acquisition is a great added value for the company. However, the markets have their own opinion when it comes to valuation. Personally, if you look at what’s in the project with the Two Mile Tonalite, if management can make it work, that’s going to be a game changer.

It’s a good foundation for investors and I strongly encourage investors who have done their own research to research Brad. Talk to him and ask him what his thoughts and reasons are for acquiring Sandstone.

Chapters:

00:00 Start

00:25 Presentation

12:53 AM Brad discusses the acquisition of Sandstone.

01:08 How will the new Sandstone project fit into Aurumin.

02:12 How is the Mt Dimer project going?

04:49 How does Aurumin plan exploration?

07:40 Does exploration change based on results?

09:35 The Two Mile Tonalite – The price.

11:16 The Pegasus Story – The Hidden Gem of Sandstone.

12:24 Upcoming news for Aurumin.

15:04 The success of ultrafine sampling.

16:17 Reasons to watch Aurumin.

17:23 conclusion

PODCAST

About Brad Valiukas – Managing Director

BEng (Mining), GradCert (Econ), AusIMM Member

Experienced mining engineer and executive with over 20 years of operational, management and executive experience spanning underground and surface operations across multiple commodities in Australia and overseas.

Brad’s most recent position was Manager – Technical Services for Northern Star Resources. He was previously COO at Focus Minerals (ASX:FML), COO at ABM Resources and held senior management positions at Mincor Resources.

About Aurumin Limited (ASX: AUN)

Auramine Limited (ACN 639 427 099) (Aurumin gold Company) is an Australian company incorporated on February 28, 2020 in Western Australia as a mineral exploration company to enable the reorganization of projects held by Aurumin Mt Dimer Pty Ltd (formerly Acertim Resources Pty Ltd).

In particular, the company was formed to enable the restructuring of the Mt Dimer, Mt Palmer and Johnson Range projects into separate project entities and further consolidate the additional properties, and to advance these gold exploration projects in the Southern Cross areas and Kalgoorlie. Since incorporation, the Company has acquired 100% legal and beneficial ownership of Aurumin Mt Dimer and Aurumin Mt Palmer Pty Ltd (formerly Mt Palmer Gold Pty Ltd), and has entered into 3 other property acquisition agreements and has asked for other properties so that he now has an interest in 29 properties spread over 4 projects.

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