Business
Completion of farmout
Completion of farmout.
About this update from Shearwater Group Plc
[{"type":"text","content":"\n \nRNS Number : 8074R Aurum Mining PLC 31 October 2013 \n \n\n \nAURUM MINING PLC\n(\"Aurum\" or \"the Company\")\nCompletion of farmout\nPursuant to its announcement on 22 October 2013, Aurum Mining plc (AIM: AUR) is pleased to announce that the deal to farmout a majority stake in the Morille tungsten project to Plymouth Minerals Limited (\"Plymouth\") (ASX: PLH) has now been completed.\n \n\n\n\n\nContacts:\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nAurum Mining plc\n\n\nwww.aurummining.net \n\n\n\n\nChris Eadie, Chief Executive Officer\n\n\n+44 (0) 20 7499 4000\n\n\n\n\n \n\n\n \n\n\n\n\nWH Ireland Limited\n\n\n \n\n\n\n\nNominated Adviser & Broker\n\n\nwww.wh-ireland.co.uk\n\n\n\n\nMike Coe\n\n\n+44 (0) 117 945 3470\n\n\n\n\n \nNotes to Editors:\nAurum Mining is an AIM listed exploration and development company focused on its highly prospective portfolio of gold and tungsten assets in North West Spain.\nGold\nThrough its joint venture agreement with Ormonde Mining plc (AIM: ORM), Aurum currently has a 60% interest in the Pino de Oro project in Zamora Province and a 54% interest in the Peralonso and Cabeza projects in Salamanca Province. \nTungsten\nAurum's 20% owned Morille Tungsten project is located approximately 15km south west of Salamanca in North West Spain and covers an area of 5,796 hectares. The permit area is a 'brownfield' site with historical data indicating the production from the site of high quality tungsten concentrates from mineralisation grading up to 1% WO3. \n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCZMMFGNGGGFZM\n ","length":3938,"tagName":"div"}]