Projects Overview
Since incorporation, the Company has applied to lease specific mining tenements located in the Northern Territory and in Western Australia.
Aurium has also entered into the Peak Hill Joint Venture Agreement (Joint Venture) with an established public company, Greater Pacific Gold Ltd (GPN), to explore for uranium and gold across 1,500 km2 of tenure in the Peak Hill Region.
Objectives
The Company’s immediate exploration objectives are:
- To complete the evaluation of the substantial geological data available from GPN for the Peak Hill goldfield tenements.
- To establish a structured gold exploration program to target known anomalous areas.
- To pursue opportunities to discover gold deposits in order to create a potential cash-flow to augment exploration budgets; and
- To concurrently develop a uranium exploration program by collating all public file tenement data followed by aeromagnetic surveys of the Project areas.
The key medium to long term strategies of the Company are:
- To generate cashflows through the discovery of economic mineralisation.
- o establish and commission suitable plant for production.
- To create a consistent sustainable income.
- To evaluate other prospective mining projects that have the potential to contribute to Company growth; and
- To seek future projects either by direct acquisition or in joint ventures.
To enlarge project locations map click here.
