Perth -
Rum Jungle Resources (ASX:RUM) confirm that assays have now been received for the last of 2013 Ammaroo East drilling. All data have been forwarded to MPR Geological Consultants for calculation of a revised JORC 2012 estimation of the re-named combined Ammaroo Phosphate deposit.
The revised JORC estimate is expected be announced before the end of the month and will build on the current nominal 548 million tonnes P2O5 (at 10% P2O5 cutoff) in the combined Barrow Creek 1 and Arganara deposits (summing the two JORC 2004 resources).
Some of the better recent assays include:
- 13 m @ 22.5% P2O5 from 19 m in CARC215 (including 5m @ 32.9% P2O5)
- 3 m @ 24.3% P2O5 from 17 m in CARC033
- 4 m @ 20.1% P2O5 from 22 m in CARC163
- 8 m @ 18.8% P2O5 from 20 m in CARC174
- 8 m @ 18.3% P2O5 from 38 m in CARC218
- 26 m @ 14.5% P2O5 from 24 m in CARC266
The prefeasibility study and metallurgical testwork being conducted by Worley Parsons is continuing.
To view all tables and charts, please visit:
http://media.abnnewswire.net/media/en/docs/76735-ASX-RUM-403461.pdf
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.
Contact:
Rum Jungle Resources Ltd.
T: +61-8-8942-0385
F: +61-8-8942-0318
www.rumjungleresources.com.au
