Slide 1: Aruma Resources: Focussed Exploration of WA's Eastern Goldfields
For personal use only ARUMA RESOURCES Focussed Exploration of WA’s Eastern Goldfields Peter Schwann Managing Director March 2011 www.arumaresources.com.au ASX: AAJ
Slide 2: Disclaimer / Competent Person's Statement
Disclaimer /Competent Person’s Statement For personal use only The information in this presentation: was prepared with due care and attention and is current at the date of the presentation; is not an offer or recommendation to purchase or subscribe for securities in Aruma Resources Limited or to
Slide 3: Board Snapshot
Board Snapshot For personal use only Mr Paul Boyatzis – Chairman Over 25 years experience in the investment and equity markets. Mr Peter Schwann – Managing Director Geologist with 35 years experience in all facets of Gold exploration and exploitation. Mr Danny Costick – Non Executive Director
Slide 4: Capital Structure
Capital Structure For personal use only Shares on Issue 65 M Market Capitalisation at 12c $7.8M Cash (31December 2010) $3.7M Current March 2011 $3.5M Shareholders 490 Top 10 76% Hemisphere Resources 61.3% www.arumaresources.com.au ASX: AAJ
Slide 5: Project Locations
Project Locations For personal use only Glandore Project 40km east of Kalgoorlie-Boulder Kurnalpi South Project 40 to 60 km east of Glandore Gindalbie Project 60km north-east of Kalgoorlie-Boulder Jundee South Project 20 km south of Jundee Mine Laverton East Project 20km east of Laverton w
Slide 6: Highly Prospective Landholding
Highly Prospective Landholding For personal use only All Projects Within a Major Gold Province In the Eastern Goldfields Showing strong Gold indicators Close to Infrastructure Projects advanced post listing Glandore landholding increased by 40% Two phases of Glandore Drilling completed -
Slide 7: Glandore Gold Project
Glandore Gold Project For personal use only Leases 100% Aruma Land Area >41km2 Leases underexplored 74 RC Holes Completed 5920m assayed (all) 8 holes >1.0 g/t Intersections 11m @ 2.32g/t from surface 2m @ 4.77 from 18m 56 holes from 74 Assayed >0.1g/t Anomalies over 2800m strike
Slide 8: Previous Glandore Assays
Previous Glandore Assays For personal use only Location Intersection From Axial Planar Fault 10m at 10.27 g/t Au 58m 4m at 18.8 g/t Au 103m Super Zone 8m at 10.4 g/t Au 18m (Previously Supergene ) 9m at 8.37 g/t Au 17m 9m at 3.43 g/t Au 15m 2m at 43 g/t Au 38m 5m at 4.99 g/t Au 36m Central Fault Zon
Slide 9: Glandore Drilling Successful
Glandore Drilling Successful For personal use only 56 of 74 holes intersect anomalous Au 8 holes intersect >1.0 g/t Au Significant drilling hits 11m @ 2.32g/t from surface and 2m at 4.77g/t from 18m Drilling identifies major corridor Targets open along strike and at depth Future drilling
Slide 10: Significant Intersections
Significant Intersections For personal use only Hole Easting Northing From Intercept Au g/t AGR13 391404 6594996 37 1 1.04 AGR14 391483 6594998 22 1 1.08 AGR23 391647 6594358 77 1 1.07 AGR28 391664 6594194 0 11 2.32 AGR28 391664 6594194 13 2 1.01 AGR28 391664 6594194 20 1 1.27 AGR28 391664 6594194 3
Slide 11: Glandore Project Underexplored
Glandore Project Underexplored For personal use only Undrilled area shaded pale blue Areas drilled by Aruma were gold soil anomalies Drilling confirms mineralised structure Anomalous Gold zones open all directions ARUMA Hemisphere drilling success DRILLING in yellow Leaseholding extends
Slide 12: Glandore Ready for Next Phase
Glandore Ready for Next Phase For personal use only Northern Lease Area in Red Gravity Survey over shallow Lake cover in Yellow Majestic Structure Extension in Blue Compton Shears in Green Intersections possible targets Drilling identifies major corridor along N-S Structure Follow Up G
Slide 13: Regional Projects
Regional Projects For personal use only Kurnalpi South PoWs Submitted Gindalbie Granting imminent Laverton East PoW Submitted Jundee South PoW prepared Lease applied for to the North All Projects Strong Gold indicators Prospective alteration in Hyvista Mapping www.arumaresources.com.au A
Slide 14: Additional Lease Areas Acquired
Additional Lease Areas Acquired For personal use only IPO Leases Post IPO Leases 60 km New leases in a 60 km radius of Glandore www.arumaresources.com.au ASX: AAJ
Slide 15: Kurnalpi South Project
Kurnalpi South Project For personal use only Christmas Well, Pineapple Dam, Pinnacles South, Mt Quin and Steeple Hill 100km east of Kalgoorlie - Boulder Prospects on the Structures around granites PoWs Submitted Heritage clearances in progress Large Projects north (Carosue) and south (Aldi
Slide 16: Laverton East Project
Laverton East Project For personal use only Leases under shallow cover Rock chips samples define mineralisation trend Hyvista maps goethite over Gold anomaly New lease applied for along strike PoW Submitted Site Clearance in Progress www.arumaresources.com.au ASX: AAJ
Slide 17: Jundee South Project
Jundee South Project For personal use only Lease flown for Hyvista mapping Lies between Jundee (3 M oz) and Gourdis (1 M oz) mines in covered country Gourdis Gold source is interpreted Alluvial Workings from the west Structural Disruption sites Identified Gold Mineralisation evident in M
Slide 18: Aruma's progress to date
Aruma’s progress to date For personal use only New leases negotiated and applied for at Glandore (15 km2) 74 RC holes Completed at Glandore - 56 anomalous Eight holes >1g/t Au intersections New ELs at Laverton East, Kurnalpi South and Gindalbie All Granted Projects now mapped by Hyvista
Slide 19: Aruma's Work Timeline
Aruma’s Work Timeline For personal use only 2010 July 23 – AAJ listed on ASX – Glandore PoW approved August – Joining Leases negotiated at Glandore September – Northern Leases negotiated at Glandore – Hyvista Remote Sensing completed October – First Phase drilling completed at Glandore November – Dr
Slide 20: Aruma's Next Steps
Aruma’s Next Steps For personal use only GLANDORE • Follow up drilling in the extended north Supergene-Axial lease area • Follow up drilling in the Central Fault Zone • Gravity Survey then drilling over covered areas • Initial drilling on the extension of the Majestic Structure KURNALPI SOUTH •
Slide 21: Company Summary
Company Summary For personal use only Large prospective landholding in the proven Eastern Goldfields Strategically located adjacent to established gold producers Treasury at 31 December $3.7M– current programme fully funded Rapid progress: Drilling at Glandore hits thick Gold mineralisatio
Slide 22: Thank you
For personal use only ARUMA RESOURCES Thank you. www.arumaresources.com.au ASX: AAJ