Aruma Resources completes RC drilling at Mt Deans; reveals multiple pegmatites and visual lithium
The latest program, comprising 15 holes for 1,560 metres of reverse circulation (RC) drilling to depths of 80-120 metres, has now been completed.
Company
Aruma Resources Ltd
ASX:AAJ
Aruma Resources Limited is a minerals exploration company focused on the exploration and development of a portfolio of strategically located exploration projects in major, active mineralised belts in Australia. The company's current project portfolio includes the Fiery Creek and Bortala Copper Projects in the Mt Isa region of northern Queensland, the Wilan IOCG-U Project in the Olympic Dam precinct of South Australia, the Saltwater Project in the Pilbara region of Western Australia and the Salmon Gums Gold Project in the eastern goldfields of Western Australia.
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Aruma Resources completes maiden drill program at Melrose Gold Project
The company has completed its maiden drill program with core from the first two holes now at the lab awaiting assay.
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The company intends to drill up to 1,800 metres across 12 holes to follow up high-grade lithium and rubidium rock chip samples from a pegmatite dyke at Mt Deans.
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Aruma Resources completes heritage survey at Melrose Gold Project
The survey clears the way for the commencement of a maiden drill program targeting the priority Gossan Hill prospect.
Aruma Resources welcomes new directors to the board
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Aruma Resources expands gold portfolio with addition of Carter Well Project in Western Australia
Overall, Aruma believes the highly prospective geology and promising magnetic data of the Carter Well Gold Project will make it a solid addition to its portfolio.
Aruma Resources readies the drills for the next phase of drilling at the Salmon Gums Gold Project
The program follows high-grade results from the company’s recently completed maiden reverse circulation (RC) drilling program, which delivered grades of up to 5 metres @ 50g/t gold.
Aruma Resources fields high-grade lithium-rubidium results from Mt Deans Project
“The high-grade lithium and rubidium rock chip results from the Mt Deans pegmatite are highly encouraging, and our upcoming drilling will seek to deliver further validation of Mt Deans’ potential as a valuable multi-metal asset," says MD Pe
Aruma Resources intersects up to 1.14% lithium oxide within a 25-metre thick pegmatite at Mt Deans
Drilling intersected up to 1.14% lithium oxide within a near-surface 25 metre thick, vertical body of solid pegmatite, from a depth of just 17 metres.
Southern Gold focuses on South Korean gold development prospects
Southern Gold and its partner Bluebird Merchant Ventures are looking to develop gold project ventures in South Korea.
Investments and investor services
Brisbane Resources Round-up will showcase Australia’s resources sector
The annual convention is on next week at the Hilton Brisbane with 48 presentations and 70 exhibitors.
Aruma Resources a leading ASX gainer on discovery of gold anomalies
A geochemical program has identified multiple gold anomalies at the Slate Dam project.
Aruma Resources targets gold system at Slate Dam
Aruma has recommenced a 5000 metre drilling program at its Slate Dam Gold Project.