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Aurium Resources Ltd (“Aurium”) is a Perth-based Western Australian ASX listed mineral exploration company. Aurium is 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.
