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General mining & base metals

Aruma Resources drilling hits gold at Kalgoorlie project

Aruma Resources (ASX: AAJ) has confirmed gold mineralisation at the Steves and Grunts targets through first pass reverse circulation drilling at its Glandore Project near Kalgoorlie, Western Australia.

This includes a peak intercept of 5 metres at 4.3 grams per tonne gold at Steves.

Surface geochemical sample assays had defined a mineralised zone over 350 metres long and up to 23 metres thick on a quartz vein system with carbonate alteration at Steves. This anomalous surface sampling included values up to 20 grams per tonne gold.

The mineralisation Style encountered at Glandore is typical Golden Mile Hydrothermal and is in a Mafic Conglomerate that is bleached with sulphides, silica, carbonate and mica replacing the original mineral assemblage.

This mineralisation was first noted by previous exploration and the diamond core from Axial Planar Fault zone is in the Joe Lord Core Library in Kalgoorlie as an example of the Golden Mile Mineralisation Style.

The western section of the Glandore Project was drilled to intersect the FFM Target zones as well as to follow up the significant surface mineralisation defined by chip and channel geochemical sampling.

An application for an extension to the current Program of Work (PoW) has been submitted for follow up drilling in the near future.

Aruma will also carry out an expanded surface mapping and geochemistry survey together with new HyMap interpretation based on the Steves alteration response. This will be done next month.

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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