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General mining & base metals

Aruma Resources intersects anomalous gold mineralisation at Jundee South

Aruma Resources (ASX: AAJ) has unearthed thick gold mineralisation and grades of up to 9.62 grams per tonne (g/t) from drilling at its Jundee South Project, 20 kilometres south of Newmont Mining's 3 million ounce Jundee Mine in Western Australia.

Nine of the 16 holes drilled in second pass rotary air blast drilling, designed to test the initial 1 metre at 18.6g/t, intersected anomalous gold mineralisation, with five holes intersecting over 1g/t over 4 metres or better.

The 614 metre drilling program, which has since been completed, delivered a best intercept of 48 metres at 1.47g/t from 4 metres, including 4 metres at 9.62g/t.

These latest results demonstrate the shallow depths, thickness and high grades of the mineralisation discovered, with mineralisation open to the west.

The gold anomaly trends to the northwest for 1 kilometre and reflects the structures that control the mineralisation at the nearby Gourdis and Vause Deposits.

The complete tenement area will be evaluated again using geochemistry, structure and Hyvista/Magnetics following the discovery.

Aruma has planned extension drilling for the December quarter of 2012.

Jundee South

The Jundee South Project is about 50 kilometres to the east of Wiluna within the Yandal Greenstone belt, between the 3 million ounce Jundee and 1 million ounce Gourdis mines.

The Gourdis and Vause deposits are interpreted to be located on structures that extend to the west, through the Aruma lease.

Aruma remains well funded to continue exploration over its highly prospective tenements with around A$2.3 million in cash reserves at the end of the June quarter 2012.

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