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Aruma Resources confirms high gold grades near 3Moz Jundee Mine  Join our daily free Newsletter

MENAFN - ProactiveInvestors - Australia - 13/11/2012

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(MENAFN - ProactiveInvestors - Australia) Aruma Resources (ASX: AAJ) has confirmed high grades of up to 59.8 grams per tonne (g/t) gold at its Jundee South Gold Project in Western Australia.

The project is about 50 kilometres to the east of Wiluna within the Yandal Greenstone belt, between Newmont Mining's 3 million ounce Jundee and the 1 million ounce Gourdis mines.

Resplits from September drilling have produced intercepts of 4 metres at 15.37g/t gold from 7 metres including 1 metre at 59.8g/t gold.

The resplits confirm thick mineralisation with medium to high grade intersections and will require drilling to define a JORC resource.

The significance of the September drill results was the shallow depths, thickness and high grades in one hole, which is open to the west.


Extension of mineralisation

Around 905 metres of rotary air blast drilling at Jundee South was completed in October.

The drilling program of 37 holes was designed to follow up the highly anomalous areas defined in the August 2012 drilling.

This has extended the mineralisation from a 150 metre strike prior to reverse circulation drilling to 400 metres.

The reverse circulation drilling program of works has been submitted and will test the known mineralisation as well as further test the extensions.

The results confirm thick anomalous zones continuing to the northwest in one hole with 16 metres at 0.41g/t gold from 12 metres, including 4 metres at 1.17g/t gold.

These are from 4 metre composite samples and will be resampled to 1 metre samples in the coming weeks.

 






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