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Aruma Resources Ltd.

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Summary

Project:

Slate Dam

Deposit:Slate Dam
Location:Australia
Commodities:Gold
Date:2/21/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:21-2-2018: Aruma Resources Ltd. announces an Exploration/Drilling Update report for its Slate Dam deposit at the Slate Dam project. Drilling results incl. 24m @ 1.04g/t Au from 8m. Aruma Resources Limited (ASX: AAJ) is pleased to announce the final result
Resources:x
CP/QP:[Overall Report]: Peter Schwann (Internal)
ABSTRACT:Aruma Resources Limited (ASX: AAJ) is pleased to announce the final results of the Company’s highly successful maiden RC drill program at the Slate Dam Gold Project in the Eastern Goldfields of Western Australia. These results of the first-pass drill program, in conjunction with historical drilling assay results from the Project area, have successfully defined a new, very large and highly significant gold system at Slate Dam. Aruma’s drill program has resulted in the definition of The program consisted of 40 reverse circulation (RC) holes for a total of 3,996 metres, and was designed to test multiple mineralised gold trends within a major, drill defined 7km2 , >200ppb gold anomaly in the northern region of the Project. Drilling was completed in January. Assay results for the first 20 holes were reported earlier this month (ASX announcement, 1 February 2018), and the balance of assay results have now been received. In addition to the most significant zones (outlined above), Aruma’s drilling successfully intersected further multiple gold lodes, typically 3-7 metres in width. The best assay returned was from drill hole SDRC020, 24m @ 1.04g/t Au from 8m, including 16m at 1.34g/t and 7m @ 2.05g/t Au from 11m, Figure 3. The drilling was based on investigating near surface multiple zones and hence the drill holes were too shallow and to the west to intersect the newly identified North and South Shoots. The two Aruma holes that did intersect the shoots were critical in delineating the shoots first intersected in the historical diamond drilling

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