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Transaction Announcement Reports
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RSC News | ✓ | ✓ | ✓ |
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Project: | Slate Dam | |
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Deposit: | Slate Dam | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 7/6/2018 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 6-7-2018: Aruma Resources Ltd. announces an Exploration/Drilling Update report for its Slate Dam deposit at the Slate Dam project. Drilling results incl. 15.0m @ 1.1g/t Au from 6m. Aruma Resources Limited (ASX: AAJ) is pleased to announce the first batch | |
Resources: | x | |
CP/QP: | [Overall Report]: Peter Schwann (Internal) | |
ABSTRACT: | Aruma Resources Limited (ASX: AAJ) is pleased to announce the first batch of assay results from its Phase 3 drilling program at the Company’s 100%-owned Slate Dam Gold Project in the Eastern Goldfields of Western Australia. Assays have been received for the first eight holes (holes SDRC64 to 71) of a planned 25 hole – 3,000 metre reverse circulation (RC) drill program, with planned drilling depths of up to 150 metres. The first assays from the Phase 3 program have continued to deliver results consistent with the Company’s sediment-hosted gold model for Slate Dam and confirm the increasing grades to the east at the Project. The current phase of drilling was designed to further expand the Slate Dam gold mineralised system beyond its current mineralised footprint which extends over a total distance of at least four kilometres (from the north-west to the south east), and to test for repetitions of mineralisation to the east and west of the current drill defined area. | |
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