Aruma Resources Limited · ASX:AAJ
Aruma Resources — The Gold Investment Symposium 2014
26 slides from Aruma Resources's conference presentation, Oct 8, 2014
Slide 1: Technology Defines Drilling Targets in Copper and Gold
For personal use only TECHNOLOGY DEFINES DRILLING TARGETS IN COPPER AND GOLD The Gold Investment Symposium • October 2014 Managing Director • Peter Schwann www.arumaresources.com
Slide 2: Disclaimer and Competent Person's statement
Disclaimer and Competent Person’s statement For personal use only Forward Looking Statements Caution Certain statements contained in this document constitute forward looking statements. Such forward-looking statements are based on a number of estimates and assumptions made by the Company and its con
Slide 3: Why is this presentation different?
Why is this presentation different? For personal use only Aruma is DRILLING high grade metal targets ➤ DEFINED COPPER AND GOLD TARGETS ➤ DEFINED BY BOTH GEOPHYSICS AND SAMPLING ➤ GRADE, THICKNESS AND STRIKE CONFIRMED ➤ DRILLING RESULTS IN THE NEXT TWO MONTHS ➤ FOLLOWING UP PREVIOUS SCOUT SUCCESS WE
Slide 4: The Best Projects
The Best Projects For personal use only Bulloo Downs Project - Copper ➤ Largest copper camp in WA ➤ 100km south of Newman ➤ High grade copper district ➤ 2000km2 HyMap just finished ➤ RC drilling 6 targets in November Glandore Project - Gold ➤ Drilled Fluid Flow targets ➤ 2500m aircore just finished
Slide 5: Metals prices in Australia are good!
Metals prices in Australia are good! For personal use only A$ Copper 3 mths up $300 US$ Copper 3 mths down $250 COPPER PRICE COMPARISONS www.arumaresources.com
Slide 6: Why Copper in the Ashburton?
Why Copper in the Ashburton? For personal use only A GREAT ADDRESS A GREAT COMMODITY ➤ EMERGING COPPER PROVINCE ➤ COPPER IS >$7500/t ➤ Over 2Mt of metal resources ➤ COPPER IS REQUIRED FOR ➤ Hosts De Grussa, Nifty, Telfer, INFRASTRUCTURE Yuneena, Thaduna and Horseshoe ➤ DEMAND PREDICTED TO ➤ HIGH GRA
Slide 7: Why Copper at Bulloo Downs?
Why Copper at Bulloo Downs? For personal use only A GREAT LOCATION A GREAT PROJECT ➤ NUMEROUS COPPER OUTCROPS ➤ LOW ENTRY COST ➤ LARGE POWERFUL STRUCTURES ➤ SPEND $1.1M- 3yr FOR 90% ➤ STRONG COPPER GOSSANS ➤ GOOD EXPLORATION RESPONSE ➤ GOLD AND SILVER CREDITS ➤ HYMAP RESPONSIVE ➤ UNDEREXPLORED OR IG
Slide 8: Bulloo Downs Project - Initial area
Bulloo Downs Project - Initial area For personal use only An interesting 218km2 copper project www.arumaresources.com
Slide 9: Bulloo Downs Project - Stage area
Bulloo Downs Project - Stage 2 area For personal use only ➤ n An exciting 2200km2 copper project www.arumaresources.com
Slide 10: Mineralised Corridors
Mineralised Corridors For personal use only Two corridors on a 2200km2 copper camp www.arumaresources.com
Slide 11: How Big Is Bulloo Downs Copper?
How Big Is Bulloo Downs Copper? For personal use only • Aruma uses HyMap • Over 2800km2 covered • Rapid evaluation done • Area reduction quickly • Costs minimised • 6 Tier 1 targets www.arumaresources.com
Slide 12: HyMap image of Bulloo Copper Project
HyMap image of Bulloo Copper Project For personal use only Madison Trends 29kms HyMap gives Structure Sampling gives high copper First drilling hits 4m @ 2.2% Cu www.arumaresources.com
Slide 13: HyMap image of Madison
HyMap image of Madison For personal use only Madison Trends – Bulloo Copper Project www.arumaresources.com
Slide 14: Gossan - Madison East
Gossan - Madison East For personal use only 6-42% Copper in surface gossan www.arumaresources.com
Slide 15: Large Gossan Dimensions
Large Gossan Dimensions For personal use only Location Action Length m Width m Cu % Au ppm Scotties DRILL 100 2 42.93 1.5 Madison DRILL 3000 3 42.6 1 Chandra DRILL 8000 2 7.63 <0.1 Terry’s DRILL 800 2 0.57 <0.1 Koode Maji DRILL 100 2 15.9 <0.1 Neds Gap DRILL 1100 2 16.7 <0.1 Mountain Maid EVALUATE 6
Slide 16: Exploration and Development
Exploration and Development For personal use only ➤ Leases over 200km2 optioned (January) ➤ Rock chips and mapping high copper values (January- March) ➤ 4m at 2.2% copper in first pass drilling program (March) ➤ All drill lines hit copper anomalism (March) ➤ HyMap alteration over 80km sampled (May)
Slide 17: Gold price dropping every day?
Gold price dropping every day? For personal use only US$ Gold 30 days down $50 A$ Gold 30 days up $50 GOLD PRICE COMPARISONS www.arumaresources.com
Slide 18: Why Aruma is still after Gold!
GOLD WILL BREAK OUT OF THE ETF CEILING! For personal use only Why Aruma is still after Gold! ➤ Gold is profitable ➤ Where you have hungry plants ➤ Where you can open cut soft ore ➤ Where you have high (>3g/t) grade ➤ Where you have infrastructure ➤ Gold Mining is still a company maker ➤ When you hav
Slide 19: Aruma's Gold Projects
Aruma’s Gold Projects For personal use only ➤ Kalgoorlie and Wiluna ➤ Great addresses with: ➤ Grade and thickness ➤ Virgin projects with thin cover ➤ Proven gold endowment ➤ Ready to drill ➤ Close to infrastructure ➤ Positive Native Title outcomes ➤ Onside pastoralists www.arumaresources.com
Slide 20: Proven Gold Provinces
Proven Gold Provinces For personal use only Grade and thickness = powerful systems ➤ Kalgoorlie PROJECT Intersections Grade From ~50M ozs 10m 10.27 g/t Au 58m ➤ Kanowna Belle GLANDORE 8m 10.4 g/t Au 18m ~6M ozs 9m 4.22g/t Au 13m ➤ Salt Creek-Majestic ~1M ozs 5m 4.3g/t Au 60m ➤ Jundee 4m 15.37/t Au 7
Slide 21: Glandore Gold Project
Glandore Gold Project For personal use only 40km east of Kalgoorlie by bitumen road www.arumaresources.com
Slide 22: Glandore Gold Drilling Program
Glandore Gold Drilling Program For personal use only STRONG SYSTEMS ➤ Mineralisation in pink >1g/t from previous drilling ➤ Targets from Fluid Flow ➤ Yellow dashes are the Steves Line trend ➤ Black dots previous holes ➤ Completed 67 holes (blue dots) ➤ 2519m aircore done ➤ Aircore holes to >60m www.
Slide 23: Glandore Lake Drilling Program
Glandore Lake Drilling Program For personal use only Lake Drilling Rig Why aircore? ➤ Gives good samples ➤ It can drill on lakes ➤ Low impact ➤ Drills softer material ➤ $30/m ($31 actual) ➤ Aircore holes to >60m www.arumaresources.com
Slide 24: Clinker Hill Gold Prospect
Clinker Hill Gold Prospect For personal use only • 50km east of Kalgoorlie • 1800m gold anomaly • RC drilling planned www.arumaresources.com
Slide 25: Jundee South Gold – a virgin discovery
Jundee South Gold – a virgin discovery For personal use only ➤ Located 60km from Wiluna ➤ 2.5km from Jundee haul road ➤ 25km from Jundee mine ➤ 3 major lineaments ➤ HyMap anomaly on discovery ➤ Coincident soil anomaly ➤ Intersections shallow and soft ➤ 12m @ 1.85g/t Au ➤ 16m @ 1.22g/t Au www.arumare
Slide 26: Investment Summary
For personal use only Investment Summary ➤ Copper and gold projects in great areas ➤ Actively exploring and drilling advanced projects ➤ Short time frame for discoveries ➤ Opportunity for commercial discoveries ➤ Adequately funded with $1.7M cash and R&D refund in March ➤ 150M shares on issue giving