Aruma Resources finds promising targets at Bortala Copper Project
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Aruma Resources Ltd (ASX:AAJ) managing
Aruma Resources Ltd (ASX:AAJ) managing director Glenn Grayson speaks with Proactive’s Jonathan Jackson about the optimism surrounding the company’s newly acquired Bortala Copper Project in Queensland’s Mt Isa copper belt. An initial review has identified several promising areas for copper-gold mineralisation with these targets found in favourable geological, structural and geophysical settings.
Historical exploration at R9 target produced results of up to 1.9 g/t gold in rock chips and various drilling outcomes, including 18 metres at 0.18% copper, 2 metres at 0.25 g/t gold, 4 metres at 0.36% lead and 5 metres at 0.44% zinc.
Grayson expressed confidence in the project's potential, particularly around the R9 anomaly. He highlighted the significance of coincident uranium and copper-gold mineralisation, indicating potential for IOCG (iron oxide copper-gold) deposits, which often include valuable minerals like uranium and rare earth elements. The Bortala Project is adjacent to 29Metals’ Capricorn Copper Mine, which held a mineral resource estimate of 60.8 million tonnes at 1.8% copper in 2022.
Aruma plans to conduct surface sampling and geophysics surveys to refine its upcoming drilling program, expected to commence this year, dependent on exploration results.
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Historical exploration at R9 target produced results of up to 1.9 g/t gold in rock chips and various drilling outcomes, including 18 metres at 0.18% copper, 2 metres at 0.25 g/t gold, 4 metres at 0.36% lead and 5 metres at 0.44% zinc.
Grayson expressed confidence in the project's potential, particularly around the R9 anomaly. He highlighted the significance of coincident uranium and copper-gold mineralisation, indicating potential for IOCG (iron oxide copper-gold) deposits, which often include valuable minerals like uranium and rare earth elements. The Bortala Project is adjacent to 29Metals’ Capricorn Copper Mine, which held a mineral resource estimate of 60.8 million tonnes at 1.8% copper in 2022.
Aruma plans to conduct surface sampling and geophysics surveys to refine its upcoming drilling program, expected to commence this year, dependent on exploration results.
#ProactiveInvestors #ArumaResources #ASX #CopperProject, #MtIsa, #QueenslandMining, #GoldMineralisation, #BortalaProject, #IOCG, #ExplorationProgram, #Geophysics, #SurfaceSampling, #R9Target, #UraniumMineralisation, #CopperGold, #MineralDeposits, #CapricornCopperMine, #MiningNews, #ResourceEstimation, #GlennGrayson, #ASXAAJ, #MiningExploration #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
2 روز پیش
در تاریخ 1403/04/11 منتشر شده
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