Aruma has completed 6,243m of RC drilling at Salmon Gums, which consisted of the initial 2,298m in 33 holes and follow-up phase of drilling for 3,945 metres in 39 holes. The initial assays were reported in January (ASX announcement, 21 January 2022) with the last hole finishing in mineralisation of 4m at 4.26g/t Au. Assays have now been returned for some 27 holes and the remaining 12 holes are expected this month.
Assay results received to date further reinforce Aruma’s exploration model for the potential presence of a large gold system with significant mineralisation intersected over 4.3km strike and on granite-mafic contacts which greatly increases the target zones for the whole project. The identification of the Fault/Dome areas in the North of the lease and the identification of multiple high grade zones at Thistle-Iris are very promising.
The gold potential of the Salmon Gums project is shown by the proportion of holes hitting gold in the program. A total of 19 of the 27 holes assayed to date have recorded a gold value of greater than 0.1 g/t Au and of these 6 have intersected gold over 1 g/t with highest assays of 13.35, 18.3 and 224g/t Au.