Aruma Resources reveals promising rock chip sample results from Saltwater
October 19, 2023 at 10:02 pm IST
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Aruma Resources Ltd (ASX:AAJ) Managing Director Glenn Grayson speaks to Thomas Warner from Proactive after the Western Australia-focused mineral exploration company announced it has received some promising rock chip sample results from its Saltwater project in the Pilbara. Grayson says the samples have revealed high-grade cobalt, reaching up to 0.45% cobalt, making it economically significant. Additionally, the samples contain manganese with levels of up to 40%. The project also uncovered anomalous copper and silver. Aruma Resources has plans for further exploration, including what he calls the Inkwell Hill area, where they've discovered up to 60% iron in the rocks, along with anomalous silver, copper, zinc, and strontium. With another trip scheduled for the end of this week, Aruma Resources aims to continue exploring the region and generating more newsflow before the year-end. However, the extreme heat, with temperatures expected to reach 46 degrees Celsius, means that the trip starting this week is likely to be the last to the area for this calendar year.
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Proactive Investors
Jonathan Jackson
+61 413 713 744
Jonathan@proactiveinvestors.com
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Aruma Resources Limited is an Australia-based minerals exploration company. The Company is focused on the exploration and development of a portfolio of prospective gold and lithium projects located in the Australian gold mineralized belts in Western Australia. It has a portfolio of four strategically located, prospective gold projects. The Mt Deans Project covers an area of about 1.44 square kilometers in the Mt Deans pegmatite field, which is part of the Eastern Goldfields Terrane of the Yilgarn Craton. The Salmon Gums Project (EL63/2037, EL63/2122 and ELA63/2303) covers a total area of about 396 square kilometers and is located 200 kilometers (km) south of Kalgoorlie. The Saltwater Project consists of four granted Exploration Licenses (EL52/3818, EL52/3846, and EL52/3857) over a total area of about 450 square kilometers. The Melrose Project is located immediately adjacent to the Paulsens Gold Project. The Carter Well Gold Project is located north of the Windimurra Intrusive Complex.
ARUMA RESOURCES LIMITED 