Rum Jungle Resources Ammaroo Phosphate Assays Received
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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