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ARUMA RESOURCES LTD

ASX: AAJ

The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.

Description

Aruma Resources (ASX: AAJ) has a growing number of prospective gold projects, covering an area of more than 730km2 in Western Australia’s Eastern Goldfields – one of the country’s great gold addresses.

All of Aruma’s properties share a common set of qualities, namely they all have strong gold indications on regional structures and are 100% owned by Aruma.

With an experienced Board and management team, and utilising the most advanced exploration technologies available, Aruma is fast-tracking exploration of the Company’s projects with a view to developing its flagship Glandore Project into a viable gold production hub, with regional feed from a number of its satellite projects – all of which lie within an 60km radius of Glandore.

Utilising state of the art geophysical and modelling techniques has also allowed Aruma to target an exciting new gold area at Laverton East where the company has identified a 1km long anomaly on its granted Leases and extending into a new application to the north.

Aruma’s flagship Glandore Project is approximately 40km east of Kalgoorlie-Boulder. Previous exploration of the Glandore Project has identified thick high grade lode style mineralisation and some twenty under-explored prospective exploration targets. Since listing the company has secured the leases to the north of the Supergene-Axial Planar zones and a gravity survey for CSIRO Fluid Flow Modeling has been completed. The Company’s vision is to establish a regional gold production hub at Glandore, with other of its prospective satellite gold projects, all within a 60km radius of Glandore as possible feeder operations.

In addition to the Company’s flagship Glandore Project, Aruma is simultaneously advancing exploration at a number of regional gold projects, all of which can be readily accessed from the regional towns of Kalgoorlie-Boulder, Laverton or Wiluna. Granting of the surrounding Exploration Licences will bring Aruma’s landholding within a 60km radius of Glandore to an area of some 460km2.

Mine For

gold

Location of operation(s)

Western Australia

Address

Suite 33, 18 Stirling Highway
Nedlands, WA, 6909, Australia

Phone

+61 8 6389 1799

Email

Website


Last Updated

13/07/2014

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.