Printer Friendly

Rum Jungle Resources Limited (ASX:RUM) Exploration Update - Ammaroo Phosphate Project.

Darwin, Australia, April 5, 2011 - (ABN Newswire) - Drilling on the Rum Jungle Resources (ASX:RUM) Barrow Creek 1 Resource Grid has been continuing well since access was obtained late last week. A total in excess of 125 holes for 3,100 meters has now been completed, with a total 1,400 samples dispatched for analysis at AMDEL's laboratories. A total 300 holes are planned for approximately 10,000 meters.

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.

EXPLORATION DRILLING

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.

METALLURGY

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.

Copyright 2011 ABN Newswire

Provided by Syndigate.info an Albawaba.com company
COPYRIGHT 2011 Al Bawaba (Middle East) Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2011 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:ABN Newswire
Geographic Code:8AUST
Date:Apr 5, 2011
Words:299
Previous Article:AUN Consulting (TYO:2459) Announce A Seminar For Overseas Investor Relations and Marketing Staff - How To Use The Web For Overseas IR Strategy.
Next Article:Drillsearch Energy Limited (ASX:DLS) Canunda Extended Production Test Underway.
Topics:

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |