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AURIUM RESOURCES LIMITED -delisted

ASX: AGU

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Description

Delisted following completion of the schemes of arrangement whereby all of the Company's shares and options have been acquired by Padbury Mining Limited

Aurium Resources Ltd (“Aurium”) was a Perth-based Western Australian ASX listed mineral exploration company. Aurium was aiming to create and increase shareholder wealth through strategic exploration of its potentially high grade mineralised tenements held in the Mid West Region with particular focus on iron ore.

The Peak Hill Joint Venture (the JV) has been formed between Padbury mining NL and Aurium Resources Ltd (the JV Partners) to explore the highly prospective Robinson Range area of the Padbury-Bryah Basin in Western Australia for iron ore resources and other commodities. The project comprises a large group of tenements covering a substantial 60km strike length of the Robinson Range Formation banded iron formation(BIF) and granular iron formation (GIF) stratigraphy.

Initial work on the project has delineated areas with potential for both hematite – goethite direct shipping ore (DSO) and magnetite beneficiation feed ore (BFO) deposits. Additionally the tenements contain significant potential for gold and base metal mineralisation in the areas adjacent to the Robinson Range.

Mine For

uranium, gold, iron ore

Location of operation(s)

Western Australia, Northern Territory

Address


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Phone

Email

Website


Last Updated

4/5/2014

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.