Aruma Resources has tabled another lovely set of high-grade drill results including a one metre section grading a whopping 224 grams per tonne gold from just 44 metres downhole in maiden drilling at its Salmon Gums greenfields gold project 200 kilometres south of Kalgoorlie in WA. Other notable recent drill results include a 5m intersection going 50.2 g/t gold from 42m downhole with a 3m internal parcel coming in at 83 g/t gold and a 4m hit going 4.26 g/t gold from 105m downhole with an internal metre at 13.35 g/t gold.
The maiden drill program at Salmon Gums consisted of 72 holes for a total of 6,243m across an interpreted 20kms worth of strike. The most recent round of assays consisted of 27 holes.
High-grade mineralisation has now been defined over a 4.3km strike, remaining open at both ends as well as at depth, with results from 12 holes from the maiden RC campaign still pending and expected back this month.
The first round of assays came back from the maiden program in January and showed an exciting set of numbers with a notable drill hit back then including 4m going 4.26 g/t gold that finished in mineralisation.
A diamond drill program is also on the radar with an exploration incentive scheme application recently submitted to the Department of Mines Industry Regulation and Safety to target the high-grade Thistle and Iris trends at Salmon Gums.
Management says the assays received to date reinforce its exploration model that could potentially host a large gold system. Mineralisation is primarily hosted over a 4.3km strike of granite-mafic contact with high-grade zones at the Thistle-Iris trends.
Gold mineralisation occurs in conjunction with bleaching, quartz veining and sulphides in the mafic rocks near the granitic contact.
Importantly, the high-grade zone hosting the 224 g/t gold hit is only 70m from a 13.35 g/t gold hit.
The Salmon Gums gold project is located in a sparsely explored area just 30 kilometres along strike and in the same stratigraphy as Pantoro Limited’s rapidly expanding, high-grade Scotia gold project.
Aruma Resources’ Managing Director, Peter Schwann said:“That we have been able to define this discovery in our very first-phase of what was a wide-spaced drilling program at Salmon Gums is testament to the Company’s sediment- hosted gold model and the prospectivity of the Project area, and it highlights the further upside potential to be derived from our next phase of drilling.”
Greenfields programs very rarely come off, let alone produce high-grade results to the tune of 224 g/t gold. With more assays yet to come and a proven targeting framework etched out Aruma will no doubt be itching to get the drill rig back on site to prove up its new high-grade targets.
Is your ASX-listed company doing something interesting? Contact: matt.birney@businessnews.com.au