Aruma Resources uncovers new gold target at Saltwater
Melbourne, Victoria
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November 29, 2023 12:15 PM Eastern Standard Time
Aruma Resources Ltd (ASX:AAJ) MD Glenn Grayson tells Proactive an ongoing soil sampling program at the company’s 100%-owned Saltwater Project in the Pilbara region of Western Australia has uncovered a “very anomalous” greenfield gold target at the Terceira prospect. In addition, the program has confirmed the existence of volcanogenic massive sulphide (VMS) systems with elements such as manganese, barium, copper and cobalt at the Orichalcum prospect, and a series of rare earth elements (REE) and telluride anomalies at the Oracle prospect.
“The results from our ongoing sampling program are very encouraging and highlight the project’s potential by continuing to deliver materially positive results from this initial, targeted fieldwork," Grayson said.
“Based on results to date, we are confident we have identified a high-value manganese-cobalt target, multiple VMS targets, as well as a promising uranium prospect – and with the latest phase of sampling, have uncovered an exciting, new greenfield gold target."
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
