The Saltwater Project comprises eight granted Exploration Licences (EL52/3816, ELA52/3818, EL52/3825, EL52/3830, EL52/3846, ELA52/3852, ELA52/3854 and ELA52/3857) covering a total of 701km2. It is located approximately 100 kilometres south-west of the regional mining centre of Newman, in the Pilbara region of WA.
The Project area is interpreted to cover a strike extent of more than 65km of the highly significant Nanjilgardy fault, the same regional structure reported as the primary source of gold mineralisation at Northern Star Resources’ (ASX: NST) Paulsens Gold Mine and the Mt Olympus Gold Mine in the region.
The Project was pegged and the licences granted in 2020. The Company completed Heritage Agreements for the Project, and an initial reconnaissance mapping program, rock chip and soil sampling program was conducted. This targeted outcropping areas on the western end of a large 60km2 magnetic ring structure – known as the Saltwater Ring Structure.
This initial exploration program defined the area for Aruma’s maiden drilling program at Saltwater, by identifying quartz veins, anomalous rock and soils along with alteration and mineralisation identified in work conducted by previous explorers.
A program of works (PoW) was approved for up to 20,000 metres of drilling at Saltwater in October 2020. Aruma plans to undertake the systematic exploration and drilling of the Saltwater Project (subject to ongoing results), with the aim of discovering significant high-grade gold mineralisation.