Aruma Resources Limited · ASX:AAJ
Aruma Resources — Investor Presentation (January 2018)
24 slides from Aruma Resources's investor presentation, January 2018
Slide 1: On the cusp of a gold discovery – Eastern Goldfields
For personal use only On the cusp of a gold discovery – Eastern Goldfields January, 2018 – COMPANY UPDATE Peter Schwann – Managing Director ASX : AAJ
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: What and where is a two million ounce target
WHAT AND WHERE IS A TWO MILLION OUNCE TARGET The Invincible Model For personal use only o 2,000m long by 8m wide o 400m deep at 4 g/t N Broome 500k o >2M oz. Gold m Port Hedland Located in Black Flag sediments WESTERN o Previously thought to be un-prospective AUSTRALIA o High Grade – large tonnage d
Slide 4: Analogy of discovery
ANALOGY OF DISCOVERY For personal use only Source: Goldfields 2014 Diggers and Dealers presentation ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 4
Slide 5: What is an Invincible discovery?
WHAT IS AN INVINCIBLE DISCOVERY? For personal use only Source: Goldfields 2014 Diggers and Dealers presentation ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 5
Slide 6: The potential was proven >2M oz. Au reserves
THE POTENTIAL WAS PROVEN >2M OZ. AU RESERVES For personal use only Source: Goldfields 2014 Diggers and Dealers presentation ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 6
Slide 7: "Black Flag Model" defined
“BLACK FLAG MODEL” DEFINED For personal use only Source: Goldfields 2014 Diggers and Dealers presentation ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 7
Slide 8: Magnetics to see through lake: Invincible and Slate Dam
MAGNETICS TO SEE THROUGH LAKE INVINCIBLE SLATE DAM For personal use only Source: Goldfields 2014 Diggers and Dealers presentation Source: Western Australian Mineral Exploration reports (WAMEX) ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 8
Slide 9: Invincible Section Slate Dam Section
INVINCIBLE SECTION SLATE DAM SECTION For personal use only ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 9
Slide 10: Where are some examples of these deposits
WHERE ARE SOME 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 obvi
Slide 11: Eastern Goldfields projects
EASTERN GOLDFIELDS PROJECTS For personal use only Identify targets and progress through exploration stages • Well known Kalgoorlie gold district • Recent exploration success under cover • Genuine potential for major greenfields discovery in 2018 • Proximity to existing infrastructure – including two
Slide 12: Gold theory explained
GOLD THEORY EXPLAINED For personal use only How it Works • Hot fuids leach gold deep • Hot fluids travel up structures • Fluids deposit gold in host rocks • Coarse gold in greywackes • Fine gold-sulphides in shales Exploration Tools • Use gold as an indicator, logical model • Red rectangle next slid
Slide 13: Testing the sediment hosted gold theory
TESTING THE SEDIMENT HOSTED GOLD THEORY For personal use only Exploration Tools What we See • Find nuggets • Nuggets from quartz veins • Lodes in shales • Look for lodes • Quartz veins in greywackes • BIFs and cherts present under nuggets • Drill under nuggets (red outlines) ARUMA RESOURCES | ASX :
Slide 14: Multiple million ounce targets
MULTIPLE MILLION OUNCE TARGETS KALGOORLIE GOLD PROJECTS For personal use only Total Tenement Holding 790km2 Broome N BEOWULF (490km2 – 53km strike) 500k m Exploration (Greenfields) Port Hedland • New area – unrecognised greenstone belt WESTERN • Right geological setting for gold mineralisation AUSTR
Slide 15: Slate Dam Gold Project
SLATE DAM GOLD PROJECT Location – 40km East of Kalgoorlie, >240km2 For personal use only tenement holding, 100% owned Proximity – Near Majestic/Imperial gold Trends – On trends from Majestic and Transfind Historical Exploration • Targeted shallow intrusive gold model • AC drilling completed over one
Slide 16: Slate Dam Gold Project size
SLATE DAM GOLD PROJECT SIZE For personal use only Where and Why • Large land holding in the proven Kalgoorlie terrane • Anomaly can contain multiple Invincible-size targets (>2M oz. at >4g/t Au) • Anomaly at Tropicana was 31ppb • Most anomalies are 6.5 to 40ppb Historical Exploration • Targeted shal
Slide 17: Slate Dam Gold Project - Geology
SLATE DAM GOLD PROJECT - GEOLOGY SEDIMENT-HOSTED SULPHIDE GOLD MODEL For personal use only Example: Invincible Deposit owned by Gold Fields Ltd (>2M oz), Kambalda Other proven producers: St Ives, Paddington, New Celebration, Carosue Dam and Bardoc Slate Dam: Fluid rich sediments Granite heat source
Slide 18: Slate Dam drill program
SLATE DAM DRILL PROGRAM For personal use only Slate Dam Maiden Drill Program West East • Commenced in December • Funding assured • 4,500m RC • Results expected Q1 2018 • Historic diamond core located 6m @ 2.45g/t Au from 24m (GWA278) (WAMEX) ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 18
Slide 19: Beowulf Gold Project
BEOWULF GOLD PROJECT For personal use only Previously unrecognised greenstone Belt • 490km2 tenement holding, 100% owned • Located 70km North-East of Kalgoorlie • Re-processing of airborne data by Aruma revealed greenstone Belt • Field trip identified gold workings and greenstone sediments • Trends
Slide 20: Beowulf Gold Project
BEOWULF GOLD PROJECT Belts of Nugget areas For personal use only • Prospected successfully for 12 years • Nuggets up to 14 ounces recovered Nuggets found by prospectors • In belts, seen in photo looking NE Nuggets • Trends defined by gold nugget finds in cleared areas • Nuggets define areas of greyw
Slide 21: Beowulf Gold Project
BEOWULF GOLD PROJECT For personal use only Drilling in Q2 2018 • Geophysical data highlights multiple targets 1 km • Eluvial workings align with significant geological features • Large corridor not subjected to modern exploration • Nugget area define greywackes • Shales under (west of) greywackes Wo
Slide 22: Exploration pipeline
EXPLORATION PIPELINE For personal use only PHASE 1 PHASE 2 PHASE 3 PHASE 4 SLATE DAM RC Drilling Results RC Drilling Results Resource pre resource Dec 17 - Jan 18 Jan 18 - Feb 18 May - June 18 July 18Drilling - August 18 2018 BEOWULF Orientation Drilling Grant Leases Soils and Geophys RC Drilling Ja
Slide 23: Why invest with Aruma?
WHY INVEST WITH ARUMA? For personal use only SLATE DAM BEOWULF PIPELINE Geology setting identical to Unrecognised Greenstone Belt Kopai Mungari Extension Invincible Grade in Multiple Zones Nuggets define gold belts Clinker Hill geochemistry Mt Deans Li Project Gold present (anomaly) – Gold present (
Slide 24: Corporate snapshot
CORPORATE SNAPSHOT TRADING INFORMATION For personal use only Share price (8/01/2018) A$0.037 52 week low/high A$0.006/A$0.042 BOARD & SENIOR MANAGEMENT Shares on Issue 436.8m (12M options ) Non-Executive Chairman Paul Boyatzis Shares Outstanding Nil Market Cap A$16.2m Managing Director Peter Schwann
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