Aruma hits high-grade gold in maiden WA drill program
Aruma Resources has snagged a high-grade gold hit amongst several other wide, shallow, lower grade gold intercepts during first pass greenfields drilling at its Salmon Gums gold project approximately 200km south of Kalgoorlie in WA. Extensive broad zones of mineralisation were also encountered during the maiden drill program at Salmon Gums that the company says may be just skimming the edge of a potential higher-grade gold system nearby.
Although the majority of the gold grades returned displayed a relatively low tenor, the wide intercepts are encouraging as they may potentially point to a much larger system at play according to the company. Aruma says the talc-chlorite shears and quartz veining intersected in recent drilling may just be the outer alteration halo around a primary higher-grade ore source nearby.
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. Due to the nature of greenfields exploration, hitting a wide, low grade alteration halo, although not eye-grabbing in nature from a grade perspective, is nonetheless positive news for a junior explorer.
CREDIT – Bulls N Bears