Sean Finlay, Aurum's Chairman, said: "We are very encouraged by these results from Peralonso. Of the eleven holes drilled on the permit area to date, ten have encountered gold mineralisation in excess of 1 g/t over multiple intersections. These, combined with other exploration work carried out at the permit area, verify our belief that Peralonso and the surrounding area has the potential to host sizeable, near surface gold bearing structures. Follow up work is now being undertaken to enable us to better understand the scale and extent of the opportunity. Given the positive results that have come from all three of the Company's gold projects in recent months, we continue to be both optimistic and excited about the potential of our gold portfolio in North West Spain. Exploration work continues across the Company's gold portfolio and we are strongly of the opinion that this activity will provide us with further positive news in the months ahead."
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