Aruma Resources Limited · ASX:AAJ
Aruma Resources — Shareholder Meeting (November 2024)
23 slides from Aruma Resources's shareholder meeting presentation, Nov 29, 2024
Slide 1: AGM Presentation 2024
ASX : AAJ Aruma Resources Limited AGM Presentation 2024 ARUMA RESOURCES | ASX : AAJ 29 November 2024 1
Slide 2: Disclaimer and Forward-Looking Statements
Disclaimer and Forward-Looking Statements Competent Person Statement Investor Caution and Forward Looking Statements The information in this announcement that relates to exploration results has been previously reported by the The information contained in this presentation is for informational purpos
Slide 3: Corporate snapshot
Corporate snapshot Share price Share price performance $0.015 as 28 November 2024 28 November 2024 52 week high $0.047, low $0.011 Market capitalisation ~$3.33m 28 November 2024 Shares on issue ARUMA RESOURCES | ASX : AAJ 222.1m *Options Board and Management 117.4m James Moses, Non-Executive Chairma
Slide 4: Key Investment Highlights
Key Investment Highlights EXPLORATION HIGH DEMAND MAJOR DISCOVERY TIER-1 MINERAL BELTS DESIGNED TO DRIVE COMMODITIES POTENTIAL COMPANY VALUE ARUMA RESOURCES | ASX : AAJ Copper – Gold – Rare Earth and Uranium prices experienced rising Mt Isa Region of Queensland Projects have copper-gold (stratiform
Slide 5: Company Activity Highlights 2024
Company Activity Highlights 2024 • Acquisition of Fiery Creek and Bortala Projects (QLD) and Wilan IOCG and Uranium Project (South Australia) - Announcements 27 May and 7 August 2024 • High Grade Copper-Silver and Antimony Surface Sample Results at Fiery Creek - Announcements 29 November and 11 Sept
Slide 6: Our Team
Our Team James Moses – Non-Executive Chairman Phil Macleod – Company Secretary James has an extensive background in investment markets in a career Mr. MacLeod has extensive commercial experience and has held the spanning 33 years. He is the founder and Managing Director of a leading position of comp
Slide 7: Company's project portfolio in high-demand commodities
Company’s project portfolio in high-demand commodities Fiery Creek Copper and Bortala Projects Two highly prospective Western Australia projects in the northern extent Three Projects of the world-class Mt Isa copper belt. • Saltwater – Au, REE, Base metals • Salmon Gums – Au, REE Both projects prosp
Slide 8: Queensland
Queensland Bortala Copper Project and Fiery Creek Copper Project Two highly prospective projects in the world-class Mt Isa copper belt. Both projects are under-explored and located in a region which hosts significant copper mining operations and substantial exploration coverage. ARUMA RESOURCES | AS
Slide 9: Projects Location
Projects Location • Fiery Creek Copper and Bortala Copper Fiery Creek Projects. Both in the north of the Mt Isa copper-belt • Situated in a region which hosts multiple significant copper mines; Mount Oxide, Lady Annie and Capricorn Copper • Located close to Anglo American and Glencore with extensive
Slide 10: Fiery Creek Copper Project
Fiery Creek Copper Project • The stratigraphy of the area is the Lady Lorretta Formation and Gunpowder Formation, both of which host economic deposits in the Mt Isa Belt • Minimal systematic exploration has been conducted at the Fiery Creek Project for the past 29 years • Aruma field-work to date; A
Slide 11: Fiery Creek Copper Project
Fiery Creek Copper Project Initial Target - Piper Prospect • 700m long cross-cutting quartz breccia with surrounding silica flooding. • 2 sampling programs return numerous very high grade assay results*: • Copper – 20.9% Cu, 12.3% Cu, 11.83% Cu, 11.53% Cu, 9.95% Cu and 9.53% Cu • Silver – 31.3g/t Ag
Slide 12: Piper Prospect - IP Survey
Piper Prospect - IP Survey Positive outcomes • Processing of 3 IP survey lines highlights distinct near-surface IP response at Piper, potentially indicative of a sulphide- bearing structure • Two significant shallow IP anomalies (>20mV/V) defined along 350m strike - remains open along strike • The I
Slide 13: Bortala Copper Project
Bortala Copper Project • Contiguous to 29 Metals’ Capricorn Copper Mine which has a Mineral Resource Estimate at 64.8Mt @ 1.8% Cu-eq* – and produced >18,000t copper metal in 2021 • Project is interpreted as prospective for Mount Isa/Mammoth-style breccia copper deposits and epigenetic uranium minera
Slide 14: QLD Projects -Path Forward
QLD Projects -Path Forward Fiery Creek Project • Complete targeted gravity survey • Analysis of high-resolution satellite and hyperspectral data • Detailed mapping and ground truthing by Aruma geologists and consultants • Structural Analysis ARUMA RESOURCES | ASX : AAJ Bortala Project • Initial mapp
Slide 15: Wilan IOCG-Uranium Project
Wilan IOCG-Uranium Project Wilan project Gawler Craton Prominent Hill [BHP] 1.5 Mt Cu 4.6 Moz Au Olympic Dam [BHP] 10.6 Mt Cu 13.8 Moz Au Carrapateena [BHP] 5.1 Mt Cu 7 Moz Au ARUMA RESOURCES | ASX : AAJ The Gawler Craton is a prolific minerals belt which hosts multiple world-class mining and explor
Slide 16: Wilan IOCG-Uranium Project
Wilan IOCG-Uranium Project • The Wilan Project is located on the eastern side of the Gawler Craton in Wilan Project South Australia, and covers a total area of 1,993km2 • The region hosts multiple world class mining operations and is located ~140km to the north of Olympic Dam. • Two initial priority
Slide 17: Wilan Project – Path Forward
Wilan Project – Path Forward IOCG Prospect • Detailed gravity surveys to be undertaken to identify drill targets - paleoproterozoic structures will be the initial targets of these gravity surveys • Gravity surveys will be followed by further geophysical surveys, to identify conductive bodies for a f
Slide 18: Western Australian Projects
Western Australian Projects Portfolio of gold, lithium and REE exploration projects in active mineral belts, proximal to significant discoveries and other active explorers ARUMA RESOURCES | ASX : AAJ 18
Slide 19: Saltwater Project
Saltwater Project • Well positioned project covering 450km2 of highly prospective licenses, in the Pilbara Region of WA. • Emerging region for multicommodity potential including gold, • Surrounded by Tier 1 global explorers (Teck Australia) through to successful WA explorers - Dreadnought Resources
Slide 20: Salmon Gums Gold Project
Salmon Gums Gold Project • High-grade gold exploration project located 300km south of Kalgoorlie • High-grade gold results have been reported from multiple drilling programs by Aruma*; o 5m at 50.2g/t Au from 42m in SGRC039 o 5.90m @ 10.5g/t Au from 38.4m in SG23DD007, including 2.60m @ 9.85g/t Au f
Slide 21: Planned Project Activities 2025
Planned Project Activities 2025 Fiery Creek and Bortala Projects - QLD Saltwater Project - WA • Detailed gravity surveys with a priority on Fiery Creek. • Continued surface sampling program collection and analysis • Mapping and sampling of priority prospects and targets • Design of new gold and base
Slide 22: A Compelling Investment Proposition
A Compelling Investment Proposition Company Focus on Shareholder Value • Acquisition of compelling Queensland Fiery Creek and Bortala copper-silver and antimony exploration projects in QLD • Copper and uranium exposure with the South Australian Wilan Project • Aggressive exploration programs across
Slide 23: Contact Details
CONTACT DETAILS ARUMA RESOURCES | ASX : AAJ Grant Ferguson, Managing Director Aruma Resources Limited Telephone: +61 8 9321 0177 E: info@arumaresources.com 23
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