Aruma Resources Limited (ASX: AAJ) (Aruma or the Company) is pleased to announce that it has completed its' latest phase of drilling at the 100%-owned Salmon Gums Gold Project in the Eastern Goldfields of Western Australia, and that initial assessment of drill core indicates that drilling has intersected the target structure at the high-grade Thistle prospect.
Assays have been sent for laboratory assessment and results will be released when available.
The Salmon Gums Project is a high-grade gold exploration project situated 30 kilometres south and along strike, in the same stratigraphy, of Pantoro Limited's (ASX: PNR) high-grade Scotia Gold Project. Aruma has completed a program of seven diamond core holes at the priority Thistle prospect, designed to follow up and extend previous bonanza-grade gold intersections, including 5m at 50.2g/t Au in drill hole SCRC039, with grades as high as 224g/t Au (ASX announcement, 21 March 2022 ). An assessment of the core from this latest drilling indicates that the Thistle structure has been intersected in six of the seven completed drill holes - SG23DD003, 004, 006, 007 008 and 009.
These veins are hosted within the rheological contrasting sequence of mafic to volcaniclastic geology, demonstrating the prominent structural controls typically associated with such deposits. The presence of pyrrhotite, pyrite, and arsenopyrite sulphides, both within and proximal to the primary quartz vein is seen as providing further indication for the potential for Thistle prospect to host a significant gold-bearing structure. The intersection in hole SG23DD004 in particular shows evidence of Norsemanstyle quartz lode mineralisation with abundant arsenopyrite and pyrrhotite. The visual assessment of core from this targeted drilling at the Salmon Gums Project is highly encouraging, but it is noted does not represent any confirmation of gold mineralisation or gold grade. Assay results are currently pending.
About the Salmon Gums Gold Project
The Salmon Gums Gold Project comprises two Exploration Licences, EL63/2037 and EL63/2122, and Exploration Licence Application ELA63/2303, over a total area of 360km2. The Project is located approximately 200 kilometres south of the major regional centre of Kalgoorlie, and approximately 60 kilometres south of the mining town of Norseman. It is situated 30 kilometres south and along strike, in the same stratigraphy, as Pantoro Limited's (ASX: PNR) highgrade Scotia Gold Project.
Contact:
Tel: +61 420 991 574
Email: james@mandatecorporate.com.au
About Aruma Resources
Aruma Resources Limited (ASX: AAJ) is an ASX-listed minerals exploration company focused on the exploration and development of a portfolio of prospective gold, lithium and REE projects, strategically located in major, active mineralised belts in Western Australia. Its core assets include the Mt Deans Lithium Project in the lithium corridor of south-eastern WA, the Salmon Gums Gold Project in the Eastern Goldfields and the multi-commodity Saltwater Project in the Pilbara region.
Competent person statement
The information in this release that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Glenn Grayson who is a Member of the Australian Institute of Geoscience (AIG). Mr Grayson is Managing Director and a full-time employee of the Company. Mr Grayson has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserve'. Mr Grayson consents to the inclusion in the release of the matters based on his information in the form and context in which it appears. All exploration results reported have previously been released to ASX and are available to be viewed on the Company website www.arumaresurces.com.au . The Company confirms it is not aware of any new information that materially affects the information included in the original announcement. The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original announcements.
Forwood Looking Statement
Certain statements contained in this document constitute forward looking statements. Such forward-looking statements are based on a number of estimates and assumptions made by the Company and its consultants in light of experience, current conditions and expectations of future developments which the Company believes are appropriate in the current circumstances. These estimates and assumptions while considered reasonable by the Company are subject to known and unknown risks, uncertainties and other factors which may cause the actual results, achievements and performance of the Company to be materially different from the future results and achievements expressed or implied by such forward-looking statements. Forward looking statements include, but are not limited to, statements preceded by words such as 'planned', 'expected', 'projected', 'estimated', 'may', 'scheduled', 'intends', 'anticipates', 'believes', 'potential', 'could', 'nominal', 'conceptual' and similar expressions. There can be no assurance that Aruma plans to develop exploration projects that will proceed with the current expectations. There can be no assurance that Aruma will be able to conform the presence of Mineral Resources or Ore Reserves, that any mineralisation will prove to be economic and will be successfully developed on any of Aruma's mineral properties. Investors are cautioned that forward looking information is no guarantee of future performance and accordingly, investors are cautioned not to place undue reliance on these forward-looking statements.
ARUMA RESOURCES LIMITED 
