THE DRILL SERGEANT: Aruma Resources (ASX: AAJ) has commenced a third phase of drilling at the company’s 100 per cent-owned Slate Dam gold project in the Eastern Goldfields of Western Australia.
Aruma Resources plans to complete approximately 3,000 metres of reverse circulation (RC) drilling across a total of 25 holes in this phase of drilling, with planned drilling depths of up to 150m.
Drilling is expected to be completed in mid-June with results to be released as they become available.
Aruma outlined the program saying it is intended to target priority areas to the north and south of the currently drill defined shoots at Slate Dam.
It is also designed to extend the Slate Dam gold mineralised system and will seek to identify repetitions of the mineralised system to the east and to the west of the current drill defined area.
Specifically, the program will include:
Eight holes to target gold extensions to the north of current drill defined area;
Six holes to target gold extensions to the south of the new S2 gold shoot discovered in Phase 2 drilling;
Nine holes to seek repetitions of Slate Dam mineralised system to the east of the current drill defined area; and
Two holes to seek repetitions of Slate Dam mineralised system to the west of the current drill defined area.
“We are highly encouraged by the results of our two drilling programs to date at the Slate Dam gold project,” Aruma managing director Peter Schwann said in the company’s announcement to the Australian Securities Exchange.
“Drilling has successfully taken the project from concept to validation and has continually expanded the gold mineralised system at Slate Dam.
“The next phase of drilling will commence immediately…with the aim of extending the significant current mineralised system and also seeking to discover new gold mineralised shales to the east and west of the initial drill defined area.”