AAJ 13.3% 1.3¢ aruma resources limited

Peter S has track record, dont let us be fooled by hotcopper...

  1. 429 Posts.
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    Peter S has track record, dont let us be fooled by hotcopper geos, why is it being pursued by Peter S if its as simple as some like midnight make out, unsurprisingly its not simple, hence why probably only Peter S understand the full picture that makes him so optimistic. 

    He is a very highly skilled Geo with an amazing track record, few could effectively get inside his head as he has so much experience in finding and setting up large scale successful mines.    880 oz. at 27.6g/t Au at Juglah/Transville why does Peter S have that at near the top of importance, well we know now there has been high grade supegene zones (I would assume) in the close vicinity and on our tenements.  That should take away the doubt that people like midnight have brought up about wasting time looking at depth or around area based on low grade supergene zones.    Is 26 grams per tone low grade?  Hardly but this information was most likely not in the down ramper's hands when they assumed they knew better, probably why they are now hotcopper geos and not active.

    From presentation -
    "Location – 45km from Kalgoorlie• On Trend – >250km2 Land package - 80% of belt• What’s Important –• Historic gold endowment• 880 oz. at 27.6g/t Au at Juglah/Transville• 130,000 oz. at 2g/t at Trojan• Large strategic land holding 100% owned• 144,800oz. JORC Resource at Trojan• Initial drilling identifies gold system – major exploration upside potential• Two Tier 1 target types• Invincible (4g/t) style stratigraphic lodes• Kanowna Belle style pressure shadow lodes• Airborne EM (AEM) survey• completed and interpretation underway"




 
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