THE DRILL SERGEANT: Aruma Resources (ASX: AAJ) announced results from a maiden RC drill program at the company’s Slate Dam gold project in the Eastern Goldfields of Western Australia.
Aruma Resources said the results, in conjunction with historical drilling assay results from the project area, have defined a new, very large gold system at Slate Dam.
The drill program defined two major gold shoots, hosting gold mineralisation, extending over 500 metres along strike to the north (North Shoot) and over 500 metres along strike to the south (South Shoot).
Both remain open in all directions.
It also defined interpreted tabular 20-metre-thick zones of gold mineralisation dipping at 30 degrees, extending from surface to a depth of approximately 200 metres.
These also remain open at depth.
Drill Intercepts include:
24 metres at 1.04 grams per tonne gold from 8m, including 16m at 1.35g/t gold from 11m, including 7m at 2.05g/t gold from 11m;
5m at 3.79g/t gold from 10m;
11m at 1g/t gold from 91m;
4m at 2.19g/t gold from 91m; and
5m at 1g/t gold from 15m.
“Aruma will now plan for its next phase of drilling as a priority to test new targets identified in the area of the recently discovered new geochemical anomalies, to the north of the company’s previous drilling, Aruma Resources said in its ASX announcement.
“The upcoming drilling will be designed to continue to expand size and scale of the already very large Slate Dam gold system.”