Posts

Aruma Resources Intersects High-Grade Gold at Salmon Gums Project

THE DRILL SERGEANT: Aruma Resources (ASX: AAJ) reported further high-grade gold intersections from the company’s 100 per cent-owned Salmon Gums project, in the Eastern Goldfields of Western Australia.

Aruma Resources’ latest phase of drilling comprised a targeted seven-hole diamond core drilling program, designed to follow-up and extend previous gold intersections encountered at the project’s Thistle prospect.

The company declared the latest assays from drilling at Salmon Gums to have confirmed a high-grade gold-bearing structure, results included:

SG23DD007
5.9 metres at 10.5 grams per tonne gold from 38.4m, including 2.6m at 9.85g/t gold from 38.4m and 0.85m at 40.9g/t gold from 43.4m; and

SG23DD003
3.65m at 1.25g/t gold from 42m, including 0.95m at 3.66g/t gold from 42.7m.

The company indicated it would use these results to define the next phase of field work and drilling at the Thistle prospect.

“The latest results from our ongoing exploration at the Salmon Gums project continue to deliver exceptional results and validate our exploration approach,” Aruma Resources managing director Glenn Grayson said in the company’s ASX announcement.

“Norseman-style mineralisation is structurally controlled and can be incredibly high-grade, and this is exactly what we are seeing at Salmon Gums, with our drilling programs continuing to deliver very high-grade gold results, which extend the high-grade mineralised zone at the project.

“Controls on this style of mineralisation are tight, making the combination of structure within the right lithology the key to exploration success.

“We will now commence planning for our next phase of drilling, to further unlock the project’s value.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Aruma Resources Expands Gold Mineralised Footprint at Salmon Gums

THE DRILL SERGEANT: Aruma Resources (ASX: AAJ) received results from recent drilling completed at the company’s Salmon Gums gold project in the Eastern Goldfields of Western Australia.

Aruma completed 44 reverse circulation (RC) holes that were designed to follow up bonanza-grade gold the company intersected in its previous drilling, of up to 224 grams per tonne gold that it announced in March last year.

The company said the assay results received returned multiple zones of anomalous gold, and expanded the gold mineralised footprint at the priority Iris and Thistle prospects.

Highlights from RC drilling include:

At Iris

SG23RC030
1 metre at 3 grams per tonne gold from 71m;

At Thistle

SG23RC037
1m at 1.3g/t gold from 46m; and

SG23RC037
5m at 0.4g/t gold from 103m.

The drilling identified a new target – the Rose prospect – situated between Iris and Thistle, with multiple gold intersections returned at this new target, including:

SG23RC026
1m at 2.3g/t gold from 27m; and

SG23RC009
1m at 2.1g/t gold from 104m.

“The Salmon Gums gold project has the potential to host a significant mineral deposit,” Aruma Resources managing director Glenn Grayson said in the company’s ASX announcement.

“This round of drilling was designed to test our geologic model for gold mineralisation at the project over a considerable strike, and has been successful in intersecting multiple zones of gold mineralisation, which has resulted in the definition of a new target, at the Rose prospect.

“As our understanding of the gold model at Salmon Gums increases, as a next step we plan to undertake targeted diamond drilling in several orientations, to follow up the bonanza gold intersection of 5 metres at 50.2 grams per tonne from our previous phase of drilling and to increase our understanding of what is controlling the high-grade gold.”

 

 

 

Aruma Resources Confirms Mt Deans Lithium and Rubidium Grades

THE DRILL SERGEANT: Aruma Resources (ASX: AAJ) released first assay results from a recently completed drilling program at the company’s Mt Deans lithium-rubidium project near Norseman in Western Australia.

Aruma Resources carried out broad spaced drilling and surface sampling that identified a thick vertical sequence of lithium and high-grade rubidium bearing pegmatites over a strike length of about 1.5 kilometres.

The company declared assays have confirmed high lithium and rubidium grades from the first two holes received of:

MDRC11
7 metres at 2.03 per cent lithium and rubidium (Li2O+Rb2O) from 26m; and

MDRC09
9m at 1.23 per cent Li2O+Rb2O from 32m and 5m at 1.05 per cent Li2O+Rb2O from 45m.

“The program extended the lithium and high-grade rubidium intersected in the thick vertical pegmatite in Aruma’s first phase of drilling in the central part of the project area, and a subsequent rock chip sampling program,” the company said in its ASX announcement.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.arumaresources.com

 

Aruma Resources Drills High-Grade Lithium-Rubidium Results at Mt Deans

THE DRILL SERGEANT: Aruma Resources (ASX: AAJ) reported high-grade lithium and rubidium results from the company’s 100 per cent-owned Mt Deans lithium project in the south-east of Western Australia.

Aruma Resources received high-grade lithium of up to 1.96 per cent Li2O (lithium oxide) and very high-grade rubidium of up to 1.42 per cent Rb2O (rubidium oxide), plus caesium values up to 1,550ppm, from a recently completed surface rock chip sampling program.

A total of 11 rock chip samples along a 500 metres strike were taken after the company had completed the first phase of drilling at Mt Deans that had delivered positive results including high-grade rubidium.

The subsequent rock chip sampling program was designed to test for strike extensions to the interpreted pegmatite zone at Mt Deans which has a strike length of at least 1,500m, and help refine targets for the second phase of the drilling.

“The first phase of drilling delivered highly encouraging lithium and rubidium grades in numerous intersections, some with significant widths,” Aruma Resources managing director Peter Schwann said in the company’s ASX announcement.

“The follow-up rock chip sampling program has returned excellent results and will help refine our drill targeting for the remaining holes to be completed in our maiden drilling program at Mt Deans.

“Our initial drilling represented just the start of exploration at the project, and based on the results, we moved quickly to undertake the surface sampling to investigate strike variations in grades.

“The high-grade lithium and rubidium rock chip results from the Mt Deans pegmatite is highly encouraging, and our upcoming drilling will seek to deliver further validation of Mt Deans’ potential as a valuable multi-metal asset.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@arumaresources.com

 

Web: www.arumaresources.com

 

Aruma Resources Intersects Lithium at Mt Deans Lithium Project

THE DRILL SERGEANT: Aruma Resources (ASX: AAJ) emerged from a self-imposed exile after receiving a speeding ticket from the ASX to report a lithium encounter on the company’s Mt Deans lithium project in south-eastern Western Australia.

Aruma Resources announced results from its first phase of drilling at Mt Deans that involved a total of 1,156 metres of reverse circulation (RC) drilling in eight holes, which delivered highly positive results including high-grade rubidium.

Rubidium is a high-value technology metal typically found in hard rock pegmatites.

The current price of Rubidium Carbonate, the most widely used form of rubidium, is $1,059.65 per kilogram.

It has multiple uses and applications, including in solar panels, fibre optic cables, GPS systems and night vision equipment, as well as sodium-ion batteries.

Aruma said the drilling intersected high-grade lithium of up to 1.14 per cent Li2O (lithium oxide) within a wide zone of lithium, all within a near-surface 25 metre thick, vertical body of solid pegmatite, from a depth of just 17 metres.

Results include:

MDRC6
1 metre at 1.14 per cent Li2O at 36m in hole within a wider zone of 10m at 0.62 per cent Li2O and 0.57 per cent rubidium oxide (Rb2O) from 22m;
7m at 0.76 per cent Li2O and 0.69 per cent Rb2O from 31m; and
3m at 0.96 per cent Li2O and 0.83 per cent Rb2O from 34m.

“The first phase of drilling at Mt Deans has delivered highly encouraging and positive results, returning strong lithium and rubidium grades in numerous intersections, some with significant widths,” Aruma Resources managing director Peter Schwann said in the company’s ASX announcement.

“This represents just the start of exploration at Mt Deans, and based on these results, we will move quickly to undertake the remaining approximately 1,800 metres of the maiden drilling campaign.

“The Mt Dean pegmatite is showing zonation with lithium grades up to 1.14 per cent Li2O, and rubidium assays up to 1.05 per cent which is high-grade, and our future work will target Mt Deans as a multi metal asset.”

Based on the results from the first round of drilling at Mt Deans, Aruma signalled it is very keen to complete the remaining 1,800 metres across 12 holes of this maiden drilling program.

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@arumaresources.com

 

Web: www.arumaresources.com

 

Aruma Resources Claims High-Grade Gold Discovery at Salmon Gums Project

THE DRILL SERGEANT: Aruma Resources (ASX: AAJ) has claimed a new high-grade gold discovery at the company’s Salmon Gums gold project, near Norseman in the Eastern Goldfields region of Western Australia.

Aruma Resources reported confirmation of the new discovery via a maiden wide-spaced reverse circulation (RC) drilling program at Salmon Gums that intersected high-grade gold results, including:

SGRC39
5m at 50.2 grams per tonne gold from 42m in hole, including 3m at 83g/t gold from 42m and 1m at 224g/t gold from 44m; and

SCRC33
4m at 4.26g/t gold from 105m (EOH) in hole, including 1m at 13.35g/t gold from 108m.

The recent drilling at Salmon Gums entailed 72 wide-spaced holes across an interpreted strike length of 20 kilometres.

The program encountered quartz vein gold and lode style gold, resulting in the new high-grade gold discovery, which Aruma said was consistent with its sediment-hosted gold exploration model.

“These bonanza and high-grade gold intersections clearly demonstrate the Salmon Gums project’s potential to host multiple high-grade gold quartz vein and lode style orebodies similar to the high-grade Norseman and Scotia deposits, situated directly along strike in the same stratigraphy,” Aruma Resources managing director Peter Schwann said in the company’s ASX announcement.

“That we have been able to define this discovery in our very first-phase of what was a wide-spaced drilling program at Salmon Gums is testament to the company’s sediment-hosted gold model and the prospectivity of the project area, and it highlights the further upside potential to be derived from our next phase of drilling.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@arumaresources.com

 

Web: www.arumaresources.com

 

 

Aruma Resources Set for Drilling at Mt Deans Lithium Project

THE DRILL SERGEANT: Aruma Resources (ASX: AAJ) is preparing to commence drilling at the company’s Mt Deans lithium tantalite project in the Goldfields region of Western Australia.

Aruma Resources informed the market this morning that a Program of Works (PoW) for drilling has been approved, and the company will now mobilise to site with drilling expected to commence upon completion of a Heritage Survey.

Aruma considers the Mt Deans project as being highly prospective for lithium minerals, as wells as tantalum and rare earth element (REE) minerals.

Previous exploration at the project identified swarm pegmatites over a strike length of one kilometre.

The project sits within the lithium corridor in south-east WA, which hosts multiple hard-rock lithium projects and is interpreted to sit within the same host rocks and structures as the nearby Mt Marion, Bald Hill and Buldania lithium projects.

Aruma signalled it plans to conduct an initial 12 reverse circulation (RC) hole drilling program at Mt Deans with drilling planned to a maximum hole depth of 200 metres, with holes spaced approximately 50m apart.

“The Mt Deans project is an exciting lithium and tantalum exploration opportunity, which is 100 per cent-owned by Aruma and hosts 1.4 kilometres of strike, including pegmatite intersections up to 20 metres thick in historic drilling, and spodumene,” Aruma Resources managing director Peter Schwann said in the compay’s ASX announcement.

“With the PoW for drilling now approved, we eagerly anticipate the commencement of the first phase of drilling.”

 

 

 

Email: info@arumaresources.com

 

Web: www.arumaresources.com

 

Aruma Resources Prepares to Drill at Mt Deans Lithium Project

THE DRILL SERGEANT: Aruma Resources (ASX: AAJ) is preparing to commence exploration activities on the company’s 100 per cent-owned Mt Deans lithium project, near Norseman in Western Australia.

The company is making ready to undertake its first drilling program at Mt Deans, which it considers highly prospective for lithium minerals, as wells as tantalum and rare earth element (REE) minerals.

Previous exploration on the project has identified swarm pegmatites over a strike length of greater than 1 kilometre, while the project is interpreted to sit within the same host rocks and structures as the nearby Mt Marion, Bald Hill and Buldania lithium projects.

Aruma has submitted a Program of Works (PoW) with the Western Australian Department of Mines, Industry Regulation and Safety (DMRIS) for the initial 12-hole RC (Reverse Circulation) drilling program that is planned to commence in the June quarter 2021.

Aruma plans to investigate the potential for Mt Deans to host direct shipping lithium ores, given its location adjacent to the Coolgardie-Esperance Highway and rail infrastructure which provides direct access to the Port of Esperance rail hub – and the potential for transport and infrastructure advantages.

“Aruma is of the view that the previous lithium results plus the high-grade tantalum and rare earth elements results, together with the infrastructure advantages afforded by the project’s location make Mt Deans a highly exciting lithium exploration opportunity,” Aruma Resources managing director Peter Schwann said in the company’s ASX announcement.

“We look forward to commencing our first pass drilling program at the project as soon as the PoW is granted.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@arumaresources.com

 

Web: www.arumaresources.com