Rum Jungle Resources Ltd - Lake Hopkins Exploration Update

Perth - Rum Jungle Resources Ltd. (ASX:RUM) Lake Hopkins Exploration Update. Heli-air core drilling was completed at Lake Hopkins (WA) on 13 June. Eighteen holes were drilled for 382 m with holes drilled to an average 21 m depth; Brine results have been received and reveal medium to high grade potassium sulfate with up to 10,371 mg/L K2SO4.


Highlights

- Heli-air core drilling was completed at Lake Hopkins (WA) on 13 June. Eighteen holes were drilled for 382 m with holes drilled to an average 21 m depth

- Brine results have been received and reveal medium to high grade potassium sulfate with up to 10,371 mg/L K2SO4

- Lake Hopkins brine is similar in composition to Karinga Lakes and potentially suitable for SOP recovery

- The average Static Water Level (SWL) is 0.25 m for 16 holes drilled on the lake surface

- Fourteen, of eighteen holes, either seeped or flowed brine

- Lake Hopkins - E69/2814 is 100% owned by Rum Jungle Resources Ltd.

- An inferred potash brine resource will now be estimated by an independent hydrogeological consultant.

Drilling was carried out by a specially modified air core rig with standard 3 inch (75 mm) air core rods. The drill rig, air compressor, support pontoon, heli-cage and crew were moved around the lake with a Huey helicopter.

The deepest hole was drilled to 30 m, however sandstone basement was generally reached at around 20 m depth and holes ended at sandstone refusal. A positive outcome is that water was still brine quality at the top of the sandstone basement, indicating extra depth of brine may be expected upon deeper drilling with an RC rig if the sandstone is porous or fractured.

Sixteen holes were drilled on the lake surface with an average SWL of 0.25 m.

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Hole id Easting Northing Total Depth  SWL    K    K2SO4    Mg    SO4  
                            (m)            (mg/L) (mg/l) (mg/L) (mg/L)
----------------------------------------------------------------------
LHAC001 470337  7314779      24       0.2   4255   9488   4983   38227 
LHAC002 468990  7316658      19       0.3   4217   9404   5177   34860 
LHAC003 469510  7319119      17       0.2   4409   9832   3320   37055 
LHAC004 472078  7317178      22       0.3   4651  10371   3235   34824 
LHAC005 473238  7319723      24       3.0    313    698    676    5708 
LHAC006 475527  7318809      19       0.4   3177   7084   6638   30724 
LHAC007 477388  7316711      24       0.1   3486   7774   6230   25691 
LHAC008 479153  7317657      16       0.2   3799   8472   2940   29002 
LHAC009 477683  7319865      19       0.3   4466   9959   3532   30149 
LHAC010 474098  7323637      21       0.2   4056   9044   3722   28143 
LHAC011 472789  7324464      24       4.0     -      -      -      - 
LHAC012 479172  7323647      21       0.3   3417   7619   2500   24182 
LHAC013 481356  7322522      22       0.3   3904   8707   2549   26471 
LHAC014 481662  7318411      16       0.2   4107   9158   3692   34153 
LHAC015 485285  7319142      17       0.1   3510   7826   7291   34690 
LHAC016 485905  7322180      30       0.1   4515  10069   3917   31916 
LHAC017 484069  7323778      25       0.4   3833   8547   2719   27653 
LHAC018 479023  7321325      22       0.4   3495   7794   2537   25265
----------------------------------------------------------------------

Rum Jungle Resources Ltd. has a Mineral Exploration Access Agreement with the Ngaanyatjarra Council and the Yarnangu Ngaanyatjarra Parna Aboriginal Corporation over E69/2814 and felt very welcomed by the people of the Tjukurla community during exploration activities.

Brine results are comparable to Karinga Lakes with high sulfate and potassium values in all holes except LHAC005 and LHAC011 which were drilled on Islands, and are below the 3000 mg/L potassium minimum grade cut-off used in the Karinga Lakes JORC resource.

Near surface brine flows very well through coarse gypsum sands. Beneath this, wet clays, clayey sands and sandy clays overlie the sandstone basement.

Lake Hopkins lies at the western end of the Central Australian Groundwater Discharge Zone and the Karinga Lakes lie on the eastern end. With high grade brine at both ends of the discharge zone, Lake Amadeus which RUM has 100% under application located in the middle, looks to have high potential to produce SOP quality brine as well. Sediment samples have been sent for geochemical assay and XRD analysis.


To view all figures and tables, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-RUM-408320.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