Aurumin secured $2.5 million for its flagship Sandstone Gold Project, with an oversubscribed placement of approximately 78 million shares at 3.2 cents each.

Directors and management committed $396,000, pending shareholder approval.

The funding positions Aurumin for debt-free exploration in 2024, starting drilling in April.

The placement strengthens the company's balance sheet and supports growth in Sandstone's gold operations.