Noel Ong, Samso
Mar 24, 20223 min
Updated: Apr 13, 2022
Mr. Valiukas updates on how the company is stepping up and delivering on its path ahead.
They have completed their Sandstone acquisition so management is going to plan the work that will take place over the next 12 to 18 months.
Sandstone is clearly a big value add to the company. Still, we need to bear in mind that markets have a mind of their own in how they value companies. For Noel, looking at what is in the project with the Two Mile Tonalite, he believes that if management can make it work, the company could have a game changer on their hands.
While the Sandstone project is a step up for the company, they are still working on their core projects such as Mt Dimer, Mt Palmer and Johnson Range. Mr. Valiukas shares about all the work the company still has to do on them.
There is some juicy ground here for investors, and in true-blue Samso style, Noel advocates getting into DYOR mode and engaging with Mr. Valiukas to find out what his thoughts are and learn why Aurumin acquired Sandstone.
00:00 Start
00:25 Introduction
00:53 Brad discusses Sandstone acquisition.
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 the exploration?
07:40 Does exploration change depending on results?
09:35 The Two Mile Tonalite - The Prize.
11:16 The Pegasus Story - The Hidden Jewel of Sandstone.
12:24 The news ahead for Aurumin.
15:04 The Ultrafine Sampling Success.
16:17 Reasons to look at Aurumin.
17:23 Conclusion
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BEng (Mining), GradCert (Econ), Member AusIMM
Mining Engineer and experienced executive with over 20 years operational, management and executive experience covering underground and open pit operations across multiple commodities around Australia and internationally.
Brad's most recent position is that of Manager – Technical Services for Northern Star Resources. He was previously COO at Focus Minerals, COO at ABM Resources and held senior roles at Mincor Resources.
Aurumin Limited (ACN 639 427 099) (Aurumin or Company) is an Australian company incorporated on 28 February 2020 in Western Australia as a mineral exploration company to allow the reorganisation of projects held by Aurumin Mt Dimer Pty Ltd (formerly Acertim Resources Pty Ltd) (Aurumin Mt Dimer).
In particular, the Company was established to enable the restructure of the Mt Dimer, Mt Palmer and Johnson Range projects into separate project entities and further consolidate additional tenements, and to progress these gold exploration projects in the Southern Cross and Kalgoorlie regions. 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 a further 3 tenement acquisition agreements and applied for further tenements such that it now has an interest in 29 tenements across 4 projects.
Registered Address
C/o SmallCap Corporate
Suite 1, 295 Rokeby Road,
Subiaco WA 6008
Office Address
Suite 2, Ground Floor
17 Ord Street
West Perth WA 6005
Postal Address
PO Box 446
Subiaco WA 6904 Australia
t/ +61 8 6555 2950
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