Aurumin Limited (ASX: AUN) ('Aurumin' or 'the Company') is pleased to announce assay results have been returned for the recently completed Reverse Circulation (RC) drilling programme at its 100% owned Central Sandstone Gold Project.

Drilling was seeking to test for geological linkages between the Shillington and Two Mile Hill deposits and the potential for higher-grade mineralisation along a structurally controlled corridor to both improve and extend the existing Shillington Resource. 1 The RC programme consisted of 9 holes and 1,245m were drilled. Drilling occurred in conjunction with the pre-collars for diamond drilling at the Two Mile Hill deposit. Highlights include

Holes SN_TM_RC_22_0002 and SN_TM_RC_22_0009 were stopped before planned target depths were reached due to water affecting drilling and sample quality. These holes remain open and holes may be extended with diamond drilling tails at a later date.

Aurumin's Managing Director, Brad Valiukas, commented: 'These are some great results from Shillington, indicating a structurally related higher-grade corridor and continuity of grade connecting to the Two Mile Hill deposit. 'Along with the recently completed diamond drilling at Two Mile Hill, this sets us up to now model the Shillington and Two Mile Hill deposits as a single geological complex, with known grade in the banded iron formation, mafic and tonalite. 'We anticipate results for the final two diamond holes, that were drilled at Two Mile Hill, shortly. We look forward to releasing those results and commencing an updated resource model directly after.'

DRILLING AND GEOLOGY SUMMARY

The Shillington open pit is located approximately 400m to the south of the Two Mile Hill deposit and historical open pit. Gold mineralisation is associated with zones of brecciation and quartz veining within a series of stacked, northwest trending and shallow northeast dipping banded iron formation (BIF) units, known as the Shillington BIF package. The BIF units are hosted within a sequence of tholeiitic and komatiitic basalts, with minor sediment and chert. Intensive folding is evident at all scales of observation in the Shillington BIF, parasitic folds are common, as are sudden changes in strike and dip and tight, recumbent, isoclinal folding. The general bedding planes observed in the Shillington BIF are mostly orientated northwest - southeast and west northwest - east southeast with a moderate easterly dip. The BIF hosting mineralisation comprises an upper and middle unit and is about 45m thick, thought to be tapering to 25m thick towards the Two Mile Hill tonalite contact. Mineralisation occurs as semi continuous lenses within the Shillington BIF package. At Two Mile Hill, the BIF hosted mineralisation occurs adjacent to the contact between the tonalite and the BIF unit, hosting localised high-grade mineralisation. The structure hosting the tonalite is interpreted to project through the Shillington BIF sequence and may have acted as a structural focus for the mineralisation within the Shillington system. The RC drill programme was designed to test the potential for a structurally controlled highergrade corridor down plunge from the historical Shillington open pit, and to test potential mineralised positions linking the two adjacent deposits. Results were positive and in line with the exploration model. Drill intersections from the most northerly section effectively tested returned 6m @ 5.40g/t Au from 96m in SN_SH_RC_22_0004, and 7m @ 5.78g/t Au from 137m in SN_SH_RC_22_0003 and are largely outside the existing Shillington Resource. Other drilling highlights include 8m @ 4.99g/t Au from 80m in SN_SH_RC_22_0007, which represents a local upgrade to the surrounding drilling with the intercept occupying the same targeted structural position as the extensional holes discussed above. Holes SN_SH_RC_22_0002 and SN_SH_RC_22_0009 further to the north failed to reach their planned target depths due to water and rig capacity. These holes remain open, and will potentially be re-entered and completed with diamond drilling tails. Review of historical drilling programmes and data at other Sandstone BIF hosted deposits and targets, including the Ridge, McIntyre and McClaren deposits, is being undertaken to identify opportunities for potential extensions or stratigraphic repetitions using a structural focussed model.

Contact:

Brad Valiukas

Tel: +61 (8) 6555 2950

Email: admin@aurumin.com.au

Web: www.aurumin.com.au

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