- After ticking off some requirements, Aruma Resources (AAJ) can now proceed to exploration programs at its Saltwater and Melrose gold projects in WA
- The company has signed heritage and survey agreements with the Indigenous Land Use Agreement Claimant group — allowing it to conduct exploration at Saltwater
- Work will include a detailed mapping program and a low-impact sampling program to define future drilling targets
- Aruma has also expanded the Melrose gold project by adding a new exploration licence
- This new addition covers 32 square kilometres and hosts multiple, strong geochemical anomalies which will be tested in upcoming exploration
- Company shares are trading flat at 0.8 cents
Aruma Resources (AAJ) has provided an update on progress at its Saltwater and Melrose gold projects in the Pilbara region of Western Australia.
These projects cover a strike extent of more than 85 kilometres of the Nanjilgardy fault. This regional structure also hosts the main source of gold mineralisation at Northern Star Resources' (NST) Paulsens gold mine and the Mt Olympus gold mine
Pleasingly, the company has signed heritage and survey agreements with the Indigenous Land Use Agreement Claimant group.
Now that this has been signed, Aruma can proceed to exploration at the Saltwater project.
Exploration includes a detailed mapping program and a low-impact sampling program at target outcropping areas at a 60 square kilometre structure known as the Saltwater Ring Structure. This work will aim to identify the stratigraphic and alteration controls of previously identified mineralisation. Exploration will assist with defining future drilling targets.
Before drilling can begin, Aruma will apply for programs of work and seek other regulatory approvals. Drilling is planned to begin in the upcoming December quarter.
Aruma has expanded the Melrose gold project by adding a new exploration licence, ELA08/3210. The new licence covers a 32 square kilometre area and hosts multiple, strong geochemical anomalies. It is located on the Paulsens structure and complements the Melrose project area.
Aruma plans to target the anomalies during a phase one exploration program at Melrose.
Company shares are trading flat at 0.8 cents at 11:17 am AEST.