All tagged Aruma ASX:AAJ

Aruma Resources Ltd - Initial Drill Results Confirm New Gold System

Aruma Resources (ASX: AAJ) is pleased to announce the results from the first 20 holes of its maiden drilling program at Slate Dam. The best results so far have been significant, with 5m @ 3.8/t Au from 10m, and 7m @ 2.1g/t Au from 11m. The drilling program was completed yesterday with 40 holes completed for 4,020m. Less than half the assay results have been returned to date, with the remaining results expected before the end of February.

Aruma Resources Ltd - Quarterly Activities Report for period ending 31 December 2017

Aruma Resources (ASX: AAJ) is pleased to report on the further progress that has been made on the development of its Slate Dam gold project in Western Australia over the three months to December 31. The company got to work on an RC drilling program, with work starting at Slate Dam after a minor stratigraphic program at Beowulf. At the end of the quarter, the company had a cash and term deposits balance of $1.22 million, after Aruma completed a $770,000 capital raising.

Aruma Resources Ltd - Drilling Resumes at Slate Dam

Aruma Resources (ASX: AAJ) is pleased to report that the major drilling program has restarted at Slate Dam for 2018, after a total 974m was completed in December. Results are expected in January through to February. Aruma mobilised contractors to commence a ~5,000m RC drill program in mid-December 2017. The priority target for the Company is the advanced Slate Dam Gold Project, situated only 40km east of Kalgoorlie.

Aruma Resources Ltd - Drilling Commences at Slate Dam - Beowulf

Aruma Resources (ASX: AAJ) has received consent from Minister for Aboriginal Affairs Hon Ben Wyatt to proceed with proposed exploration activities outlined in its application under ‘Section 18’ of the Aboriginal Heritage Act for access to mining tenement E25/553 within its Slate Dam Gold Project east of Kalgoorlie. Following this decision, Aruma has immediately mobilised its contractors to commence a 5,000m RC drill program in early December.

Aruma Resources Ltd - Quarterly Activities Statement quarter ended 30 September 2017

Western Australian- focused gold explorer Aruma Resources (ASX: AAJ) has released its report for the September quarter. The Kalgoorlie Projects will continue to be the focus for the Company in the coming three months, with a systematic approach to gold exploration under cover in Greenfields areas with highly prospective geology, including work on the new Beowulf Gold Project tenements, acquired during the quarter, concurrently with work on the existing Slate Dam Gold Project.