AAJ – Aruma Resources | Aussie Stock Forums

Hilarious that this announcement is not marked market sensitive in this current climate of lithium frenzy.

8 February 2022

ARUMA COMMENCES DRILLING AT
MT DEANS LITHIUM PROJECT

Highlights

• First phase of drilling has commenced at Mt Deans Lithium Project

• Program to consist of up to 3,000m RC drilling to a depth of up to ~200m – with holes spaced ~50m apart

• Drilling designed to confirm the presence of a thick pegmatite pod and intersect an interpreted pegmatite chamber or ‘cauldron’

• Aruma views the Mt Deans Project as being highly prospective for lithium, tantalum and REE minerals

• Project situated in the lithium corridor in south-east WA – is interpreted to sit within the same host rocks as the Mt Marion, Bald Hill and Buldania Lithium Projects

• Previous exploration identified swarm pegmatites over a 1km strike length; and

• Returned high-grade rock chip samples of up to 2.1% Li2O, and
555.9ppm Ta2O5 (tantalum pentoxide).

3 year chart, weekly bars.