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Transaction Announcement Reports
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Project: | Melrose | |
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Deposit: | Melrose | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 6/2/2020 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Definition | |
Report details: | 2-6-2020: Aruma Resources Ltd. announces an Exploration/Drilling Update report for its Melrose deposit at the Melrose project. Drilling results incl. 27m @ 0.3g/t Au from 0m. Aruma Resources Ltd (AAJ) is pleased to announce that highly anomalous gold resu | |
Resources: | x | |
CP/QP: | [Overall Report]: Peter Schwann (Internal) | |
ABSTRACT: | Aruma Resources Ltd (AAJ) is pleased to announce that highly anomalous gold results have been identified at the Company’s Melrose Gold Project in the Pilbara region of Western Australia. The anomalous gold results have been identified at the Gossan Hills target (within Exploration Licence Application ELA08/3188) at the Melrose Project and is located just 5.5 kilometres north of Northern Star Resources Limited (ASX: NST) Paulsens Gold Mine. The highly encouraging results have been returned from a desk top study of the Melrose Project by Aruma, compiled from historical exploration results sourced from open file Minedex reports (A71564 - NuStar Mining Corporation Annual Mines Department Report, 2004-2005), as part of its first stage of project assessment and exploration targeting at their Paulsens Project. A priority exploration target defined by a substantial (50ppbAu contour) 500 metre by 120 metre geochemical soil anomaly was identified, adjacent to a shallow-dipping contact - between Fortescue Group Pyradie Formation mafic tuffs and Wyloo Group Duck Creek Dolomite. | |
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