Aruma holds 100% ownership of three highly prospective gold exploration projects in major, active Australian gold provinces, in WA, and the Mount Deans Lithium-Tantalum Project in the ‘lithium corridor’, in WA’s Eastern Goldfields.
The Mount Deans Lithium Tantalum Project (P63/2063) is located in the Mount Deans pegmatite field, in WA’s ‘lithium corridor’, approximately 10km south of Norseman, in the Eastern Goldfields Terrane of the Yilgarn Craton.
It is interpreted to sit within the same host rocks and structures as the significant nearby Mt Marion, Bald Hill and Buldania Lithium Projects, and Aruma views the Mt Deans Project as being highly prospective for lithium minerals, as well as tantalum and rare earth element (REE) minerals
The Project area is adjacent to rail and road links to the operating lithium exporting port of Esperance, 200km to the south. Aruma completed an initial 1,156 metre – eight-hole RC program in February 2021.with significant >20m thicknesses of pegmatite intersected in the eastern portion of the lease.
The Salmon Gums Project consists of two granted Exploration Licences (EL63/2037 and 2122) and covers an area of 222km2. It is located approximately 200km south of the major regional centre of Kalgoorlie, and approximately 60km south of the mining town of Norseman.
The Melrose Project consists of 14 Exploration Licence Applications (ELs) and covers a total area of 381km2. The project surrounds Northern Star Resources’ (ASX: NST) million ounce Paulsens Mine, approximately 105km south of the mining town of Pannawonica on the border of the Ashburton and West Pilbara Mineral Fields.