Close Menu
Aspire Market Guides
  • Home
  • Alternative Investments
  • Cryptocurrency
  • Economics
  • Equity Investments
  • Mutual Funds
  • Real Estate
  • Trading
What's Hot

Pension funds: over the past decade, the equity sector has delivered average annual returns of 5%, compared with 2.5% for severance pay

June 10, 2026

Gold tumbles Rs 4,300, silver sheds Rs 10,000 amid oil surge and stronger dollar

June 10, 2026

SEC makes huge U-turn, declares crypto tokens are ‘digital commodities’ after years of legal battles

June 10, 2026
Facebook X (Twitter) Instagram
Trending:
  • Pension funds: over the past decade, the equity sector has delivered average annual returns of 5%, compared with 2.5% for severance pay
  • Gold tumbles Rs 4,300, silver sheds Rs 10,000 amid oil surge and stronger dollar
  • SEC makes huge U-turn, declares crypto tokens are ‘digital commodities’ after years of legal battles
  • Yang Ge Gary: Agent Economics and AI Microeconomics
  • British Army completes first phase of land drone swarm project promised in Defence Review
  • Silver Price Trend Forecast: May CPI May Push Silver Below $60
  • OKB Token: OKX Utility, Airdrops & Roadmap 2026
  • DAX shows strong intraday fluctuations at Frankfurt trading floor | Ukraine news
  • Retired with Rs 4 lakh in mutual funds? Here’s what an expert suggests before starting an SWP
  • Crusoe says contracted AI infrastructure capacity reaches 4.9 GW
Wednesday, June 10
Facebook X (Twitter) Instagram
Aspire Market Guides
  • Home
  • Alternative Investments
  • Cryptocurrency
  • Economics
  • Equity Investments
  • Mutual Funds
  • Real Estate
  • Trading
Aspire Market Guides
Home»Alternative Investments»Resource Minerals identifies large-scale magnetic anomalies pointing to porphyry and gold potential at Wadi Salamah
Alternative Investments

Resource Minerals identifies large-scale magnetic anomalies pointing to porphyry and gold potential at Wadi Salamah

By CharlotteApril 8, 20263 Mins Read
Share
Facebook Twitter Pinterest Email Copy Link


Resource Minerals International Ltd (ASX:RMI) has outlined large-scale magnetic anomalies and structurally controlled targets at its Wadi Salamah project in Saudi Arabia following completion of a detailed ground magnetic survey, strengthening the case for a significant multi-commodity mineral system.

The survey, which totalled 1,010 line-kilometres across a ~100 square kilometre project area, represents the first systematic geophysical program undertaken at Wadi Salamah and has provided a framework for drill targeting across both copper-molybdenum and gold systems.

1:1 million scale regional geology Wadi Salamah and Wadi Salamah license areas.

Large intrusive system indicated

Key to the results is the identification of two deep-seated magnetic anomalies (H1 and H2) in the northern sector, covering around 16 square kilometres. These features are interpreted as large intrusive bodies, potentially representing the source of a porphyry-style copper-molybdenum system.

“The magnetic data from Wadi Salamah is exceptional. The scale of the H1 and H2 anomalies over a 16km2 area suggests we are looking at a very large magmatic system. When you combine this scale with the high-grade gold samples already recovered from the southern structures, Wadi Salamah presents another highly compelling exploration asset in Saudi Arabia that we intend to aggressively explore,” executive chairman Asimwe Kabunga said.

From an exploration standpoint, the scale of these anomalies is significant. Large magnetic signatures of this nature are commonly associated with intrusive complexes capable of hosting Tier-1 porphyry deposits, particularly where favourable contact zones and structural pathways are present.

RMI has defined the Z1 target over these anomalies, where contact zones between intrusive bodies and surrounding rocks are considered highly prospective for polymetallic mineralisation. The company also noted that fault structures, particularly F5, may act as hydrothermal conduits linking mineralised zones and enhancing the potential for copper and molybdenum deposition.

Structural controls highlight gold potential

Beyond the northern porphyry targets, the survey has significantly improved understanding of the project’s structural architecture, with six major fault systems identified across the licence area.

This has direct implications for gold exploration in the southern sector, where mineralisation appears structurally controlled. Two priority zones, Z2 and Z3, have been outlined within this framework.

Z2 is defined by a well-developed fault network (F1–F3), where exploration will focus on identifying concealed mineralised bodies at depth. Meanwhile, Z3 is supported by previous surface sampling, which returned grades of up to 10.66 grams per ton (g/t) gold and 13.95 g/t silver over a 700-metre strike, indicating the presence of high-grade mineralisation at surface.

Although magnetic signatures in Z3 are subdued, the alignment of mineralisation with fracture zones, combined with historical workings and mapped structures, suggests the system remains open and potentially extensive.

Main Structures in Wadi Salamah (based on magnetic survey results).

Survey sharpens drill focus

Importantly, the magnetic survey has shifted Wadi Salamah from an early-stage exploration asset with scattered surface results to a project with defined, geophysically supported drill targets.

The company has outlined three priority zones (Z1–Z3) for follow-up and is progressing plans for a 5,000-metre diamond and reverse circulation drilling program aimed at testing both the depth extent of gold mineralisation and the core of the copper-molybdenum system.

The results point to the potential for multiple mineralisation styles within the project area, with a large intrusive-driven porphyry system in the north and structurally controlled gold-silver mineralisation in the south.



Source link

Related Posts

Alternative Investments

Gold tumbles Rs 4,300, silver sheds Rs 10,000 amid oil surge and stronger dollar

June 10, 2026
Alternative Investments

Silver Price Trend Forecast: May CPI May Push Silver Below $60

June 10, 2026
Alternative Investments

Crusoe says contracted AI infrastructure capacity reaches 4.9 GW

June 10, 2026
Alternative Investments

Macquarie: Deglobalisation the next inflection point in real assets

June 10, 2026
Alternative Investments

Brookfield bets on its Japan business to top Hong Kong and Singapore

June 10, 2026
Alternative Investments

Copenhagen Infrastructure Partners sells minority stake in battery energy storage projects

June 10, 2026
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Pension funds: over the past decade, the equity sector has delivered average annual returns of 5%, compared with 2.5% for severance pay

June 10, 2026

Gold tumbles Rs 4,300, silver sheds Rs 10,000 amid oil surge and stronger dollar

June 10, 2026

SEC makes huge U-turn, declares crypto tokens are ‘digital commodities’ after years of legal battles

June 10, 2026

Yang Ge Gary: Agent Economics and AI Microeconomics

June 10, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

Featured

Traders Cafe with Zak Mir: Bulletin Board Heroes, Weekend Edition, Sunday 26th April 2026

April 26, 2026

The era of “Bitcoin deciding everything” is coming to an end.

June 2, 2026

S&P 500 hits new intraday record high on hopes of end to Iran war

April 15, 2026
Monthly Featured

SEC, CFTC aim to ease private fund reporting

April 20, 2026

Navigating Venezuela’s Political, Regulatory, And Commercial Risks: Implications For Energy, Infrastructure, And Finance Stakeholders – Oil, Gas & Electricity

April 13, 2026

RiverPark Long/Short Opportunity Fund Q1 2026 Commentary (RLSIX)

June 4, 2026
Latest Posts

Pension funds: over the past decade, the equity sector has delivered average annual returns of 5%, compared with 2.5% for severance pay

June 10, 2026

Gold tumbles Rs 4,300, silver sheds Rs 10,000 amid oil surge and stronger dollar

June 10, 2026

SEC makes huge U-turn, declares crypto tokens are ‘digital commodities’ after years of legal battles

June 10, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

© 2026 Aspire Market Guides.
  • Contact us
  • Privacy Policy
  • Terms and Conditions

Type above and press Enter to search. Press Esc to cancel.

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first.

Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.