Aruma Resources Limited · ASX:AAJ

Aruma Resources — Shareholder Meeting (November 2020)

23 slides from Aruma Resources's shareholder meeting presentation, Nov 27, 2020

  1. Slide 1: Create Value Through Discovery

    Create Value Through Discovery ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 1

  2. Slide 2: Disclaimer

    DISCLAIMER The information contained in this presentation is for informational purposes only and does not These estimates and assumptions while considered reasonable by the Company are subject to known and unknown risks, constitute an offer to issue, or arrange to issue, securities or other financia

  3. Slide 3: Corporate Snapshot

    CORPORATE SNAPSHOT BOARD & SENIOR Trading Information AAJ Share Price - past 12months MANAGEMENT Non-Executive Chairman Share price (26/11/2020) A$0.007 Paul Boyatzis 52 week low/high A$0.001/A$0.011 Managing Director Peter Schwann 1,589M Shares on Issue (330M options ) Director Mark Elliott Market

  4. Slide 4: Create New Projects for Success

    Professor David Groves’ advice to find significant gold deposits “Most gold deposits are strongly controlled by first-order structures such as craton margins or suture zones. The currently declining exploration success rate can only be reversed by selective district-scale exploration near first-orde

  5. Slide 5: Aruma's Projects

    ARUMA’S PROJECTS FOUR ORGANIC NEW GOLD PROJECTS: PILBARA • Melrose – 216km2 adjacent Paulsens mine • Saltwater – 736km2 over Nanjilgardy fault YILGARN • Scotia South – 217km2 over Scotia host extension LACHLAN FOLD BELT • Capital – 372km2 near the Hume discovery ARUMA RESOURCES | ASX : AAJ www.aruma

  6. Slide 6: Pilbara Gold Projects

    Pilbara Gold Projects Attractions • Pilbara Location • Fertile rock types • Nanjilgardy Fault • 450km Crustal Suture • >3M oz Corridor • Lease Area - 952km2 • Large Systems • Hemi, Paulsens and Mt Olympus ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 6

  7. Slide 7: Melrose Gold Project

    Melrose Gold Project • Location – Pilbara around Paulsens Mine >1moz produced – scheduled for Grant in March 21 • Structure – Nanjilgardy Fault – Crustal Suture with splays – Multiple targets • Area – Large (216km2) strategic land holding • Gold Indicators • “(It would be)Extremely unusual for no ot

  8. Slide 8: Mineral Mapping – Target Mineral Maps 3

    Mineral Spectra Mapping Product Guide ARUMA RESOURCES PROJECT: MELROSE - Nanjilgardy MINERAL MAPPING – TARGET MINERAL MAPS 3 – Sentinel 10m No Vegetation Rule Class Mineral Map Mineral Target 1 Sentinel 10m Rule Class Mineral Map Mineral Target 1 E08/3280 E08/3280 Mineral Target 1 Mineral Target 1 E

  9. Slide 9: DiRT Exploration – Sentinel Radar Conductivity

    Mineral Spectra Mapping Product Guide ARUMA RESOURCES PROJECT: MELROSE - Nanjilgardy DiRT Exploration – Sentinel Radar Conductivity Conductivity Conductivity on RC RGB Image Conductivity on multimineral Target 1 Conductivity on multimineral map Paulsens The conductivity derived from the Sentinel Rad

  10. Slide 10: Mineral Mapping – Target Mineral Maps 1

    Mineral Spectra Mapping Product Guide ARUMA RESOURCES PROJECT: MELROSE - Nanjilgardy MINERAL MAPPING – TARGET MINERAL MAPS 1 Rule Class Mineral Map Mineral Target 1 Note the similar pattern of minerals in the Target 1 to Paulsens area Paulsens Area ARUMA RESOURCES | ASX : AAJ www.arumaresources.com

  11. Slide 11: Melrose Gold Gossan Hill

    Melrose Gold Gossan Hill • Location – 5km from Paulsens Mine – >1moz Au produced • Structure – Paulsens Corridor – • Gossan Hill Structure • Orientation – East West like Paulsens (shown in red to scale) • Gold Indicators from historic holes-thick alteration halo ARUMA RESOURCES | ASX : AAJ www.aruma

  12. Slide 12: Melrose Belvedere West

    Melrose Belvedere West • Location – 5km from Paulsens Mine – >1moz Au produced • Structure – Paulsens Corridor – • Belvedere Structure • Orientation – East West like Belvedere • Gold Indicators – Open File data • ELA08/3244 hosts 0.5m-wide quartz veins assaying up to 1.74g/t Au • ELA47/4414 has rock

  13. Slide 13: Saltwater Gold Project

    Saltwater Gold Project • Location – Pilbara around historic Saltwater gold area • Structure – Nanjilgardy Fault – Crustal Suture with splays • Geophysics – 60km2 coincident Magnetic-AEM ring structure • Area – Large (736km2) strategic land holding – 50% granted • Gold Indicators • Historical nuggets

  14. Slide 14: Saltwater Gold Project

    Saltwater Gold Project • Drilling underway >200m per day • Geology – Mapped as Ashburton and Bresnahan formation • Interpreted Geology – Mt Olympus stratigraphy suggested • Source – Nanjilgardy Fault – with splays • Geophysics – 60km2 coincident Magnetic- AEM ring ARUMA RESOURCES | ASX : AAJ www.aru

  15. Slide 15: Saltwater Gold Project

    Saltwater Gold Project • Drilling now! Saltwater Regional • Geology – Mapped as Ashburton and Bresnahan formation ✘ • Underlying Geology – Geophysics suggest dome as the Saltwater Ring Structure✔ • Mt Olympus Stratigraphy – Drilling defines prospective sequence of Mt McGrath Duck Creek(Wooly)dolomit

  16. Slide 16: Scotia South Gold Project

    Scotia South Gold Project • Location – Extension of Norseman Wiluna Greenstone belt - not drilled for gold • Structure – Major NE sutures similar to Panda Discovery • Geophysics – Strong anomalies on structures • Area – Large (217km2) strategic land holding on farmland • Gold Indicators • Just south

  17. Slide 17: Scotia South Gold Project

    Scotia South Gold Project • Pantoro(ASX:PNR)Results – Multiple zones of mineralisation • Structure – 250m to 1km west of magnetic BIF in 3 Zones (red hashed) • Stratigraphy – Norseman – Scotia Multiple trends - interflow sediments stratigraphic control • Gold Intersections from PNR* • Current combin

  18. Slide 18: Capital Gold Project

    Capital Gold Project • Location – Lachlan Fold belt around historic Bywong gold area in NSW – site visit with local stakeholders completed • Leases – Three leases approved for granting • Structure – Lake George Fault- major crustal suture zone on splays similar to SKY’s Hume discovery • Geology – Ho

  19. Slide 19: For Sale – Trojan-Slate Dam Gold Project

    Trojan-Slate Dam Gold Project FOR SALE $500,000* *Trojan Slate Dam Project sold to Black Cat Syndicate (ASX:BC8) Refer ASX announcements 7 October (AAJ) and 20 November (BC8) ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 19

  20. Slide 20: Ready For Large Gold Discoveries

    COMPLETED ✓ 4 new gold projects (1,572 km2) secured and 100% owned ✓ $3.8M cash in bank UPCOMING VALUE DRIVERS – DRILLING UNDERWAY IN CURRENT QUARTER ▪ New gold endowed projects in underexplored areas with Saltwater granted and drilling underway Ready For Large Gold ▪ Sale of selected non-core asset

  21. Slide 21: Exploration Pipeline

    EXPLORATION PIPELINE Saltwater Nuggets Gold in the Pilbara Pegged May-August Granted Heritage and PoWs Drilling underway found study July - August for drilling up to 5,000m RC Melrose Paulsens on care Gold in the Mineral Mapping and RSHAs signed Leases listed for and maintenance Pilbara study Aster

  22. Slide 22: Why Invest with Aruma?

    • Organic growth by project generation for large gold discoveries in Australia • 100%-owned large prospective gold project areas near major gold deposits in underexplored areas • Potential for multi million ounce gold discoveries demonstrated by recent discoveries in Pilbara-Norseman and NSW • Major

  23. Slide 23: Contact Details

    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 M: +61 420 991 574 E: info@arumaresources.com E: james@mandatecorporate.com.au ARUMA RESOURCES | ASX : AAJ www.arumaresour

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