A well-defined high-grade, copper sulphide deposit with major growth potential, Aruma will implement a dual, exploration and resource development, strategy to maxmise the value of this core asset

Location: Timmins mining district in Ontario, Canada
Patent Claims: 65382-0096 and 65382-0097, and 65382-0121 and 65382-0123
Ownership: 85% Patent Claims 65382-0096, 65382-0097. 100% 65382-0121 and 65382-0123

PROJECT OVERVIEW

The Tillex Project is a substantially drill-defined, high-grade copper sulphide project with significant exploration potential. It is located in the prolific Tier-1 Timmins mining district in north-eastern Ontario, Canada.

The Project sits on patented claims, providing Aruma full ownership of the land and underlying minerals rights, with no landowner approvals required to conduct on-ground exploration activities. 

Copper sulphide mineralisation at Tillex commences immediately below a shallow (~25-30m) overburden and extends to below 150m, the depth defined by drilling to date. Mineralisation is also interpreted to extend along strike to the north and to the south and west beyond the approximately 450m strike length of the existing drill coverage.

The Tillex Project was discovered by Westmin Resources in 1973 and acquired by Canadian-listed exploration company Metals Creek Resources Corp. (Metals Creek) (TSX-V:MEK) in 2008. A total of 10,283.6m of diamond drilling across multiple drilling programs have been completed by Westmin and Metals Creek and consistently intersected very broad intersections of high-grade copper.

In addition to high-grade copper mineralisation, drilling has also returned significant high-grade silver intersections, of up to 5m @ 355.30g/t Ag from 89m in drill hole TX11-008.  

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EXPLORATION RESULTS

Highlight copper and silver intersections from multiple diamond drilling programs conducted by MEK include; 

  • 110m @ 1.69% Cu and 7.05g/t Ag from 34m (TX24-020), including 
      • 28.72m @ 2.35% Cu and 9.52g/t Ag from 55m, and
  • 29m @ 2.64% Cu and 12.31g/t Ag from 100m
  • 98.2m @ 1.82%Cu and 13.17g/t Ag from 35.8m (TX25-034)
  • 92.05m @ 2.12% Cu and 12.18g/t Ag from 36.95m (TX24-022), including 
      • 27m @ 2.74% Cu and 7.45g/t Ag from 56m, and
      • 29m @ 3.26% Cu and 20.92g/t Ag from 98m
  • 84.13m @ 1.78% Cu and 8.39g/t Ag from 40m (TX08-004), including
  • 29m @ 2.59% Cu and 7.37g/t Ag from 51m
  • 63.90m @ 1.94% Cu and 10.20g/t Ag from 38.6m (TX24-021), including 
  • 27.2m @ 2.5% Cu and 10.78g/t Ag from 43m, and
  • 17.9m @ 2.96% Cu and 17.43g/t Ag from 83.6m 
  • 42.46m @ 2.12% Cu and 53.45g/t Ag from 53.77m (TX11-008), including 
      • 5m @ 5.55% Cu and 355.30g/t Ag from 89m; and 
      • 36.25m @ 1.39% Cu and 14.96g/t Ag from 104m
  • 39.2m @ 1.91% Cu and 3.98g/t Ag from 31.80m (TX25-031), including 
  • 19.2m @ 3.39% Cu and 5.64g/t Ag from 31.80m, and
      • 17.8m @ 0.95% Cu and 3.32g/t Ag from 104m
  • 37.05m @ 2.58% Cu and 7.72g/t Ag from 30.95m in TX08-002, and 
  • 5m @ 1.25% Cu and 6.25g/t Ag from 109m
    • 36.34m @ 2.06% Cu and 10.29g/t Ag from 73.66m (TX08-005), and 
  • 5.92m @ 1.14% Cu and 6.14g/t Ag from 117.08m
  • 31.37m @ 1.15% Cu and 4.47g/t Ag from 40.74m (TX11-001) , and

33m @ 1.79% Cu and 9.23g/t Ag from 75m

LOCAL GEOLOGY

The Tillex Project is located within the Archean Tisdale Volcanic Assemblage, a steeply dipping, succession of pillowed, tholeiitic basalt and minor rhyolite with interflow meta-sedimentary rocks including chert, carbonaceous siltstone, lithic-wacke and argillite. It covers an area of 1.63km2. 

The mineralisation comprises disseminated and veinlet‑style chalcopyrite (± pyrite) hosted predominantly within argillite–siltstone units, with minor porphyry intrusions also contributing to the mineralised system.

Copper and silver mineralisation is largely strata-bound, with volcanogenic massive sulphides (VMS) tendencies and mainly hosted within but not limited to a thick package of graphitic argillite. The thickness of the chalcopyrite/pyrite mineralisation within the graphitic argillites generally exceeds 20m containing up to 4-5% chalcopyrite (± pyrite). 

The chalcopyrite mineralisation is mainly in the form of stringers and fine disseminations in addition to veinlets, associated with late extensional quartz/feldspar stringers. The majority of the disseminated/stringer mineralisation conforms to bedding, but cross-cutting stringers are not uncommon in addition to semi-massive to massive chalcopyrite intersections. Associated with the copper mineralisation is elevated silver, with significant zones up to 5m @ 355.30g/t Ag from 89m in drill hole TX11-008.

Chalcopyrite is also found in stringer form in dacite tuffs adjacent to the argillites. Feldspar porphyry dykes are spatially associated with the mineralisation and intrude both the mineralised argillites and volcaniclastic host rocks. 

These dykes are generally weakly altered and contain trace to 1% disseminated chalcopyrite mineralisation within late quartz structures.

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LOCATION AND INFRASTRUCTURE

The Tillex Project is located approximately 60km from Glencore’s major Kidd Creek Copper Project and 57km east of the city of Timmins. The Project is directly accessible year-round via highway and sealed roads, and has direct access to power and water. The Timmins district offers a ready supply of skilled mining and resources personnel and services.      

The Timmins district hosts numerous major mining operations and significant mineral deposits. In addition to being a prolific gold producing region, it also hosts significant VMS and strata-bound copper projects. Glencore’s Kidd Creek Copper Project produces an average of 40,000t of copper and 70,000t of zinc annually1.    

1Glencore Canada Website: https://www.glencore.ca/en/kidd/about-us