Aruma Resources Limited · ASX:AAJ
Aruma Resources — Investor Presentation (February 2018)
30 slides from Aruma Resources's investor presentation, February 2018
Slide 1: Discovering Large new Gold Deposits in the Eastern Goldfields
For personal use only Discovering Large new Gold Deposits in the Eastern Goldfields Investor Presentation : February 2018 Peter Schwann- Managing Director ASX : AAJ ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 1
Slide 2: Disclaimer
DISCLAIMER The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in this presentation in not investment of financial product advice and is not
Slide 3: Positioning Statement
POSITIONING STATEMENT For personal use only WHO IS ARUMA RESOURCES Aruma Resources is focused on the systematic exploration and development of large scale new sedimentary-hosted gold discoveries in the Eastern Goldfields of Western Australia; • New gold system discovered at Slate Dam Gold Project –
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT For personal use only BOARD & SENIOR TRADING INFORMATION AAJ Share Price - past 12 months MANAGEMENT Share price (8/02/2018) A$0.02 Non-Executive Chairman 52 week low/high A$0.006/A$0.042 Paul Boyatzis Shares on Issue 456.8m (12M options ) Managing Director Peter Schwann Shares Ou
Slide 5: Aruma's Projects
ARUMA’S PROJECTS For personal use only PURSUING MULTI-MILLION OUNCE TARGETS NORTH 500km Broome SLATE DAM (280km2 – Advanced Greenfields) • Significant new gold system discovered – 4,000m- 40 hole RC drill program Port Hedland completed – balance of results due this month WESTERN • Major 7km2, 200ppb
Slide 6: Eastern Goldfields Focus
EASTERN GOLDFIELDS FOCUS For personal use only Identify targets and rapidly advance through exploration stages • Large gold endowment in Kalgoorlie district • Recent new exploration success under cover • Greenstone belts misidentified • New Targets for further major Greenfields discoveries • Close t
Slide 7: Slate Dam Gold Project
SLATE DAM GOLD PROJECT For personal use only Location – 40km East of Kalgoorlie, >280km2 tenement holding, 100% owned Along Trend – Majestic/Imperial & Transfind gold mines What’s Important - • Large scale 7km2, >200ppb Au geochemical anomaly Other examples: Tropicana Gold Anomaly : 31ppb Bronzewing
Slide 8: Slate Dam – The Elephant in the Room
SLATE DAM – THE ELEPHANT IN THE ROOM For personal use only • The 7km2 geochemical gold anomaly at Slate Dam is world class in SIZE & STRENGTH • It would cover a significant portion of Sydney Harbour • Very similar in size to Kalgoorlie Superpit ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 8
Slide 9: Slate Dam – Project Geology
SLATE DAM – PROJECT GEOLOGY For personal use only SEDIMENT-HOSTED SULPHIDE GOLD MODEL Slate Dam presents as analogous to Gold Fields Ltd >2M oz Invincible Gold Deposit at Kambalda Other major gold producers with similar traits: St Ives, Paddington, New Celebration, Carosue Dam and Bardoc Slate Dam -
Slide 10: Slate Dam – Drill Program
SLATE DAM – DRILL PROGRAM For personal use only 4,000M - 40 HOLE RC DRILL PROGRAM • Completed January 2018 • First assays received and reported • Highly successful initial results • Significant new gold system discovered from first assay results ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 10
Slide 11: Drill Program Outcomes
DRILL PROGRAM OUTCOMES For personal use only Highlight results include; ▪ 5m @ 3.79g/t Au from 9m incl. 1m @ 15.6g/t Au from 10m (SDRC006) ▪ 2m @ 4.20g/t Au from 92m to EOH (SDRC017) ▪ 16m @ 1.34g/t Au from 8m incl. 7m at 2.1 from 11m (SDRC020) • 95% of all assays received to date intersected gold m
Slide 12: Invincible Gold Deposit Analogy
INVINCIBLE GOLD DEPOSIT ANALOGY For personal use only Invincible Open Pit Discovery One of the most significant discoveries in the history of St Ives Gold Project and possibly in the history of the Western Australian goldfields is the discovery of an impressive high grade deposit that is being mined
Slide 13: The Invincible Discovery
THE INVINCIBLE DISCOVERY For personal use only Source: Goldfields 2014 Diggers and Dealers presentation ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 13
Slide 14: The Invincible Story
THE INVINCIBLE STORY For personal use only Source: Goldfields 2014 Diggers and Dealers presentation ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 14
Slide 15: The Invincible Story
THE INVINCIBLE STORY For personal use only Source: Goldfields 2014 Diggers and Dealers presentation ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 15
Slide 16: Invincible Section Slate Dam Section
THE INVINCIBLE STORY For personal use only INVINCIBLE SECTION SLATE DAM SECTION Source: Goldfields 2014 Diggers and Dealers presentation ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 16
Slide 17: Beowulf Gold Project
BEOWULF GOLD PROJECT For personal use only Previously unrecognised greenstone Belt • 490km2 tenement holding, 100% owned • 12km2 Granted • Located 70km North-East of Kalgoorlie • New airborne data reveals greenstone Belt • It is the west side of Carosue Dam stratigraphy • Trends defined by gold nugg
Slide 18: Beowulf Gold Project
BEOWULF GOLD PROJECT For personal use only Belts of Nugget areas • Small scale mining for 12 years • Nuggets up to 14 ounces recovered • In belts, seen in photo looking NE • Trends defined by gold nugget finds in cleared areas • Nuggets define areas of greywackes sandstones • Areas to be drilled for
Slide 19: Beowulf Gold Project
BEOWULF GOLD PROJECT For personal use only • Geophysical data indicates multiple targets using Aruma’s model • Eluvial workings align with significant geological features • Large corridor not subjected to modern exploration • Nugget area define greywackes • Shales under (west of) greywackes Workings
Slide 20: Exploration Pipeline
EXPLORATION PIPELINE For personal use only PHASE 1 PHASE 2 PHASE 3 PHASE 4 SLATE DAM RC Drilling RC Drilling Results Pre-resource Resource Drilling Resource Dec 17 - Jan 18 April 18- June 18 June 18 - August 18 Late 18 Drilling 2018 BEOWULF Soil Sampling Grant Leases Mapping and RC Drilling January
Slide 21: Why Invest with Aruma?
WHY INVEST WITH ARUMA? For personal use only • Experienced Team with proven track record of major gold discoveries in Western Australia • Own 100% of two large prospective gold Projects near the >100Moz Kalgoorlie gold deposit • Focus on discovering multi million ounce gold deposits • Maiden drill p
Slide 22: Contact Details
For personal use only Contact Details Peter Schwann, Managing Director Media and Investor Relations Aruma Resources Limited James Moses Telephone: +61 8 9321 0177 Mandate Corporate M: +61 417 946 370 Mobile: +61 420 991 574 E: info@arumaresources.com E: james@mandatecorporate.com.au ARUMA RESOURCES
Slide 23: Appendix
APPENDIX For personal use only Some background information to help you understand the model, targets and Aruma’s aims ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 23
Slide 24: Aruma's Exploration Model
ARUMA’S EXPLORATION MODEL For personal use only CLEARLY DEFINED & VALIDATED EXPLORATION MODEL Aruma adopts a technical approach to the discovery of major gold deposits of >10Mt at >3g/t Au for an >1M Oz open cut operation - require both tonnes and grade; • Target sedimentary host rocks of the Black
Slide 25: Aruma's Gold Model
ARUMA’S GOLD MODEL For personal use only TARGET HIGH GRADE MULTI- MILLION OUNCE GOLD DEPOSITS How it Works • Hot fluids leach gold • Hot fluids travel up structures • Fluids deposit gold in reactive rocks • Coarse gold - greywackes • Fine gold-sulphides – shales Exploration Tools • Find nuggets = Gr
Slide 26: Testing the Theory
TESTING THE THEORY For personal use only What we Want What we See What we Do • Unidentified • Quartz veins in greywacke • Map the nugget or workings greenstone belts or • Lodes in shales • Step out to drill the Shales “Felsics” • Vacant or unloved land • BIFs and cherts present • Nuggets from quartz
Slide 27: 'Sediment Hosted' Gold Model Defined
‘SEDIMENT HOSTED’ GOLD MODEL DEFINED For personal use only Source: Goldfields 2014 Diggers and Dealers presentation ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 27
Slide 28: Magnetics Highlight Invincible Analogy
MAGNETICS HIGHLIGHT INVINCIBLE ANALOGY For personal use only INVINCIBLE DISCOVERY SLATE DAM Source: Goldfields 2014 Diggers and Dealers presentation Source: Western Australian Mineral Exploration reports (WAMEX) ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 28
Slide 29: Examples of These Deposits
EXAMPLES OF THESE DEPOSITS For personal use only Gold Mines in Sediments • Muruntau – 6,000t Au in 60 years • Kumtor – 300t Au in 15 years • Witwatersrand – 45,000t Au • WA Goldfields – 5,000t Au • 65% of all Australian Gold production from lode in sediments – in WA the camps are obvious and active
Slide 30: Which Terrane Are We In?
WHICH TERRANE ARE WE IN? For personal use only We are between the Mafic Dominated and Sediment Dominated Terranes From “Mineral potential of the Archaean Pilbara and Yilgarn Cratons, Western Australia” by WK. Witt ,2, A.H. Hickman , D. Townsend & WA. Preston. ARUMA RESOURCES | ASX : AAJ www.arumares
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