Aruma Resources Limited (ASX:AAJ) has discovered significant rare earth elements (REE) and cobalt-copper enriched rocks at its Saltwater project in the Pilbara region of Western Australia.
The results come from the first phase of surface sampling at Saltwater and reaffirm the project’s potential to host unconformity HREEs, as well as highlighting the potential for Saltwater to host base metals deposits.
Aruma Resources managing director, Glenn Grayson, said “We are delighted with the initial results from our first phase of REE-focused field work at Saltwater. The sampling programme represents our first stage of on-ground REE work at the project, and the results have exceeded expectations, reaffirming our view of Saltwater’s potential for hosting unconformity HREEs.”
The Saltwater project consists of four granted exploration licences over a total area of 450km2, situated approximately 120km southwest of the regional mining centre of Newman.
The project sits within an emerging REE province, where Dreadnought Resources holds a large landholding with its Bresnahan REE project, which surrounds the Saltwater area.
The company has reported that the recent programme confirmed REE enrichment across multiple structures, alongside significantly elevated pathfinder values of phosphorus, strontium, and thorium.
Also, significant base metals were detected. These elevations paired with the presence of significant barium and manganese offer initial encouragement for the potential of Saltwater to host a VMS or MVT-style mineralization system.
Mr. Grayson continued, “These initial results constitute a resounding success for our exploration approach thus far. Furthermore, the grades of the surface samples for base metals are exciting and provides an additional exploration focus at the Saltwater project. This potential will be further investigated in the company’s ongoing field work at Saltwater.”
To find out more, please visit www.arumaresources.com
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