AAJ 0.00% 1.2¢ aruma resources limited

Slate Dam "Anomaly larger than the size of the Superpit"

  1. 238 Posts.
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    Been scanning through past announcements and I don't think people realise what AAJ have at Slate dam!

    They are saying that the Anomaly larger than the size of the Superpit

    2km by 3.5km, drill defined gold anomaly at Slate Dam

    https://hotcopper.com.au/threads/ann-investor-presentation.3419415/#.Wfj1m-lryUk





    SLATE DAM GOLD PROJECT
    The granted Slate Dam, Mulga Dam and Juglah exploration licenses (E25/553, E25/534, E25/556 and E25/558) cover 209km2 of felsic sediments to the east of the Glandore Gold Project, held in joint venture with Southern Gold Ltd. The leases were applied for when geological evaluation of the felsic units identified similarities to the style gold modelled in sediments at Gold Fields Ltd.’s large scale Invincible gold projects near Kambalda.
    The previously reported 7km2 200ppb gold anomaly of Slate Dam (Figure 2) is indicative of this type of orebody and amply demonstrates this area to be a large gold system. The highly anomalous Slate Dam Project (100% AAJ, 209km2) is expected to have the Section 18 Ministerial Consent issued in mid-November that will allow planned drilling to commence.


    https://hotcopper.com.au/threads/ann-more-area-for-slate-dam-project.3417288/#.Wfj3GulryUk

    Aruma has scheduled 5,000m of first pass Reverse Circulation drilling over the high (>200ppb Au) tenor, 2km by 3.5km, drill defined gold anomaly at Slate Dam. This will be done by drilling 200m spaced lines of 100m deep angled drill holes at 50m intervals into the steeply dipping stratigraphy.

    "Aruma now has significantly increased its landholding to over 260 sq. km in a desirable address east of Kalgoorlie which is highly prospective for gold. Our activity in the area is progressing well as we prepare to drill covering the large high tenor gold anomaly at Slate Dam," Managing Director, Peter Schwann said.





 
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