Aurumin Limited provided an update on the Share Purchase Agreement with Middle Island Resources Limited (Middle Island), pursuant to which Aurumin has acquired, and Middle Island has sold, all of the issued capital in Sandstone Operations Pty Ltd. (SOPL) (Acquisition). The acquisition was completed on 20th March on the terms outlined previously. The Central Sandstone Project contains a JORC-2012 compliant Mineral Resource of 22Mt @ 1.1g/t for 784koz Au in open pit and underground estimates.

The project includes a non-operating 500,000 tpa CIL processing plant, associated infrastructure, operating licences and camp facilities in the nearby town of Sandstone.