Aurumin Limited (ASX: AUN) ('Aurumin' or 'the Company') is pleased to announce it has entered into a binding Heads of Agreement (HoA) to acquire tenement E57/1140 from a private company, increasing Aurumin's footprint at its 100% owned Central Sandstone Gold Project.

Tenement E57/1140 is within the Youanmi Terrane Greenstone Sequence which has proven exploration and production success; with greater than 1Moz Au having been produced regionally at Sandstone.

The tenement has seen relatively little exploration work and remains under explored. Current known drilling is wide spaced and considered to be predominantly first pass regional exploration work. Aurumin is in the process of compiling and validating data for the project area, including data sourced from open file reports and from the historical Troy Resources Database inherited as part of the Central Sandstone Project acquisition.

Aurumin's Managing Director, Brad Valiukas, commented: 'We are pleased to be expanding our footprint in the Sandstone region with this granted tenement, nearby to our existing 784koz Au Central Sandstone Project. The tenement is a good addition and provides additional exploration opportunity, as we focus on generating critical mass for future production. The closest point of the tenement is just 4km from the existing processing plant location. 'Diamond drilling is progressing well at the Two Mile Hill underground resource that we continue to view as a key part of the project going forward, with the scale to potentially underpin future production.

Contact:

Brad Valiukas

Tel: +61 (8) 6555 2950

Email: admin@aurumin.com.au

Web: www.aurumin.com.au

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