Announcement Date: | 2022-03-21 |
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Announcement Type: | Drilling Results |
Announcement Code: | JORC |
Company name: | Aruma Resources Ltd. |
Project name: | Salmon Gums |
Location: | Australia |
Commodities: | Gold |
Highlight: | Drilling results incl. 5m @ 50.2g/t Au from 42m |
Resources: | only available to subscribers |
CP/QP: | only available to subscribers |
Announcement summary: | Aruma Resources Limited (ASX: AAJ) (Aruma or the Company) is pleased to announce a new high-grade gold discovery at its Salmon Gums Gold Project, near the mining town of Norseman in the Eastern Goldfields region of Western Australia. The new discovery has been confirmed from Aruma’s maiden widespaced reverse circulation (RC) drilling program at Salmon Gums, which has intersected bonanza grade gold results, including The bonanza grade intersections in hole SGRC39 are in a gold mineralised zone 70m north of and approximately 60 metres up dip of the high-grade intersection in SGRC33. Aruma Managing Director Peter Schwann stated: “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. |
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