Rum Jungle Resources Limited (ASX:RUM) Exploration Update - Ammaroo Phosphate Project.
The company's geologists have reported a consistent geological pattern in the drill holes confirming a large blanket of mineralization with depths varying from 5 meters to 30 meters below surface.
On completion of the resource drilling, independent geological consultants, Hellman & Schofield, will complete a JORC compliant resource estimate for the Barrow Creek 1 Deposit.
The second drill rig is now on site and is drilling alongside the other rig to catch up on the resource drilling, but will be relocated to the Western Exploration Grid later this week.
A visit was made to the AMDEL metallurgical testing facility last week to inspect bulk sample beneficiation testing. Initial results appeared encouraging from screening and rolling an initial 800 kilogram bulk sample. A full report should be available by end of April.
About Rum Jungle Resources Limited:
Rum Jungle Resources (ASX:RUM) is an Australian Securities Exchange listed, diversified junior explorer focused on highly prospective land located in Australia's Northern Territory and Queensland.
A Northern Territory and Queensland focussed mineral explorer with a portfolio including: Uranium, Potash, Phosphate and Base Metals.
Rum Jungle Resources has strategic alliances with other major Northern Territory explorers increases exposure to additional exploration areas.
Rum Jungle Resources has experienced geological management backed up by a solid financial base to fund exploration budgets.
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|Date:||Apr 5, 2011|
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