Glandore Hub Projects

Goddards (22.9km2)

This project was developed after the Glandore JV was signed, and recognition of the historic results and geology at Steves where 5m at 4.3g/t was drilled in 2014.

Recognition of the Black Flag Group of sediments and anomalous historical gold assays in the Glandore project has renewed focus on the southern area at Goddards Dam. The relationship with the sedimentary rocks from the EIS drill hole, the Steves intersections and outcrop and the mapping of conglomerates and shales gave a strong analogy to the Invincible Deposit held by Goldfields.

Slate-Mulga Dams (142.6km2)

New exploration licences (ELA25/553 and ELA25/556) have been applied for (26 and 20 graticular blocks over 142.6km2) over a large belt of covered felsic sediments to the north and east of Glandore. The intention is to investigate the gold potential in sulphidic sediments with associated granites and mineralisation that might host economic grades.

Open file data from the DMP on this ground identified a large area that is highly anomalous for gold. The area was previously explored by Croesus Mining NL and various joint venture partners such as Delta Gold, Placer and Barrick Gold. The leases were relinquished due to the gold price at the time and low tenor anomalies.

In 2008 it was held by Rubicon Resources Limited and relinquished in late 2014 after surrounding joint ventures with various partners were not successful in proving up resources. Rubicon transferred their attention to other areas and was out of the area in late 2014.

Aruma will be using a hydrothermal sediment hosted sulphidic gold model to identify gold targets, which has been used with success in the last few years by several companies to find major new finds in the Wiluna-Norseman belt, especially at Invincible (Kambalda) and Baloo and Monsoon on Lake Cowan.

Open file data from the DMP on this ground identified a large area that is highly anomalous for gold. The area was previously explored by Croesus Mining NL and various JV partners such as Delta Gold, Placer and Barrick Gold. The leases were relinquished due to the gold price and low tenor anomalies for the time when gold was US$250 per ounce.

In 2008 it was held by Rubicon Resources Limited and relinquished in late 2014 after surrounding JVs with various partners were not successful in proving up resources. Rubicon transferred their attention to other areas and was out of the area in late 2014.

Slate Dam and Mulga  Dam Applications, (ELA25/553 and 556) on magnetics and showing the historical drill defined Gold anomaly. Glandore is shown as the leases in black.

Aruma will be using a hydrothermal sediment hosted sulphidic gold model to identify gold targets, which has been used with success in the last few years by several companies to find major new finds in the Wiluna-Norseman belt, especially at Invincible (Kambalda) and Baloo and Monsoon on Lake Cowan.

Slate Dam drilling generated Gold anomaly from previous figure showing the drilling values and contoured at >200ppm Au. Note the anomaly is open in all directions.

 

Slate Dam and Mulga  Applications, (ELA25/553 and 556) on magnetics and showing the historical drill defined open Gold anomaly. Also shown is the proposed granite centre and the red shape is the Kalgoorlie Superpit outline for scale.

 

Gundockerta EL (145.7km2 in ballot)

This lease is underlain by similar rocks of Felsic nature on a major mafic contact with crustal structures and will be evaluated after the ballot with another applicant.

 

Gundockerta Hill Location on basement geology

Clinker Hill (5.2km2)

The Clinker Hill Project is another on-going gold exploration project situated 40km east of Kalgoorlie, Western Australia and just 6km south from Aruma’s Glandore Project. Aruma completed the first pass RC drill program in 2015; the anomalous results are summarized in the table below.

 

HOLE East North RL Depth From To Note Int. Au g/t
CHRC03 384337 6580472 374 150 148 150   2 0.2
CHRC04 384317 6580554 368 138 113 120   7 0.36
          115 116 Incl. 1 1.23
CHRC05 384265 6580684 362 150 140 150 (eoh)   10 0.25
          145 150 (eoh) Incl. 5 0.39
CHRC06 384230 6580689 365 120 36 42   6 0.21
          36 39 Incl. 3 0.32
CHRC10 383906 6581480 358 150 101 105   4 0.55
          104 105 Incl. 1 1.69

 

 Significant gold intersections (>0.2g/t Au) at Clinker Hill from 1m RC samples. All coordinates AMG 94, all measurements down hole.

 

Mineralisation trends on geology and magnetics