Aruma Resources Limited · ASX:AAJ
Aruma Resources — RIU Explorers Conference 2012
23 slides from Aruma Resources's conference presentation, Feb 21, 2012
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 Aruma Resources Limited ‐ RIU Explorers Conference Managing Director 21‐22 February 2012 www.arumaresources.com.au ASX: AAJ
Slide 2: Disclaimer / Competent Person's Statement
Disclaimer / Competent Person’s Statement For personal use only Disclaimer The information in this presentation was prepared with due care and attention and is current at the date of the presentation. It is not an offer or recommendation to purchase or subscribe for securities in Aruma Resources Lim
Slide 3: Company Strategy
Company Strategy For personal use only ¾ Focus on gold in WA ¾ Build a regional hub around Glandore ¾ Use Hyvista, PIMA and Fluid Flow methods of evaluation ¾ Utilise this new technology to: ¾ Test previously explored areas with known gold mineralisation ¾ Test covered extensions of known gold miner
Slide 4: Company Snapshot
Company Snapshot For personal use only Paul Boyatzis – Non Executive Chairman Strengths in capital and equity markets Peter Schwann – Managing Director Experienced geologist in exploration and mining Danny Costick – Non Executive Director Mining engineer with operational and development experience K
Slide 5: Project Locations
Project Locations For personal use only ¾ Glandore Project ¾ 40km east of Kalgoorlie‐Boulder ¾ Glandore Hub (60km radius) ¾ Glandore, Bulong, Kurnalpi South and Gindalbie projects totalling over 720km2 ¾ Jundee South Project ¾ 20km south of Jundee Mine ¾ Twin Hills Project ¾ 15km Anomalies ready to
Slide 6: Glandore Gold Project
Glandore Gold Project For personal use only ¾ Land area >57km2 ¾ Strong gold system ¾ Fluid Flow Targets ¾ On major feeder structures ¾ Approval submitted ¾ Mining leases granted ¾ Ready for Drilling www.arumaresources.com.au ASX: AAJ
Slide 7: Thickness and Grade
Thickness and Grade 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 Supergene Zone** 8m at 10.4 g/t Au 18m (**Both these zones 9m at 8.37 g/t Au 17m at the northern end 9m at 3.43 g/t Au 15m Of Initial Leases) 2m at 43 g/t Au 38m 5
Slide 8: Glandore drilling targets from Fluid Flow
Glandore drilling targets from Fluid Flow For personal use only ¾ Major Structures in blue ¾ Warm Colours show gold targets ¾ Fluid Flow Study completed ¾ Approvals for evaluation of targets submitted www.arumaresources.com.au ASX: AAJ
Slide 9: Regional Projects
Regional Projects For personal use only ¾ Twin Hills ¾ Lines cleared and drilling imminent ¾ Kurnalpi South ¾ Ni Cu Sulphides in drilling at Steeple Hill ¾ Gindalbie ¾ PoW submitted and 25g/t rock chip to drill ¾ Laverton East ¾ Northern Leases has Hyvista trends to drill ¾ Jundee South ¾ Drilling o
Slide 10: Additional Lease Areas Acquired
Additional Lease Areas Acquired For personal use only New leases in a 60km radius of Glandore www.arumaresources.com.au ASX: AAJ
Slide 11: Twin Hills Project
Twin Hills Project For personal use only Project Holding 187km2 ¾ 15km of defined gold anomalies ¾ Thick underexplored mineralisation Hole ID From Interval (m) g/t Au ppm Cu THR 301 25 22 1.04 NA THR 288 25 1 2.56 NA THR 331 50 20 0.54 NA WRC01 43 12 0.84 308 Including 53 1 1.79 2360 WRC03 32 28 0.8
Slide 12: Gindalbie Project
Gindalbie Project For personal use only Project Holding 150km2 ¾ 45km north of Glandore ¾ New Lease in Yellow ¾ Chip samples up to 25g/t ¾ Prospects structures on sediment‐greenstone contact ¾ On major lineaments ¾ PoW submitted ¾ Hyvista survey completed www.arumaresources.com.au ASX: AAJ
Slide 13: Kurnalpi South Project
Kurnalpi South Project For personal use only Christmas Well, Pineapple Dam, Pinnacles South, Mt Quinn and Steeple Hill ¾ 100km east of Kalgoorlie ‐ Boulder ¾ Ni Cu Blebby sulphides at Steeple Hill ¾ Ni Cu Gossan on Pineapple Dam ¾ PoW submitted for Pinnacles South ¾ Large Projects north (Carosue) an
Slide 14: Laverton East Project
Laverton East Project For personal use only ¾ Leases under shallow cover ¾ Rock chips samples define mineralisation trend ¾ Hyvista maps goethite over Gold anomaly ¾ Next figure in black square ¾ New lease applied for along strike ¾ Second Phase drilling completed ¾ 2m at 4.28 g/t in LEAC 31 www.aru
Slide 15: Laverton East Project – Hyvista Target
Laverton East Project – Hyvista Target For personal use only ¾ Red anomaly is Goethite‐Mica ¾ Anomaly is 1km by 150m ¾ Hyvista maps goethite over Gold anomaly ¾ Drilling program split in two ¾ Drilling program 667 of AC/RC over Hyvista and Geochem area ¾ 1,981m of Aircore over Phase 2 ¾ New Gold Zon
Slide 16: Jundee South Project
Jundee South Project For personal use only ¾ First Phase drilling completed in December ¾ Drilling verifies two soil anomalies ¾ Best gold assay of 1m at 18.6g/t ¾ Drilling confirms soil anomalies ¾ Follow up drilling scheduled ¾ Gold Mineralisation evident in ¾ Major structures ¾ Geochemical anomal
Slide 17: Patricia Project
Patricia Project For personal use only ¾ Magnetics that indicate a 5km extension to the Edjudina Line (Red Dashed Line) ¾ Under shallow soil cover, between granites ¾ On a major E‐W structure that cuts the Patricia gold mine to the east ¾ Good access with minimum clearing www.arumaresources.com.au A
Slide 18: Darlot East Project
Darlot East Project For personal use only ¾ 4km east of multi million ounce Darlot Mine ¾ Contains the prospective 7km Granite‐Greenstone contact ¾ On splay off the Celia Lineament ¾ Has gold hits ¾ Has numerous old workings an the contact ¾ Main leases granted ¾ Initial appraisal underway www.aruma
Slide 19: Aruma's progress to date
Aruma’s progress to date For personal use only ¾ New leases for over 1550km2 ¾ Fluid Flow and PoWs completed for Glandore ¾ Twin Hills option, PoW and clearing completed – drilling imminent ¾ All new Projects now mapped by Hyvista with targets defined ¾ Drilling at Laverton East, Jundee South and St
Slide 20: Aruma's Work Timeline
Aruma’s Work Timeline For personal use only 2010 Jul 23 – AAJ listed on ASX – Glandore PoW approved Oct – First Phase drilling completed at Glandore, Kurnalpi South EL Nov – Glandore drilling results with 29 of 42 anomalous holes, – including 11m @ 2.32g/t Au from surface – Kurnalpi South EL and Gla
Slide 21: Aruma's Next Steps
Aruma’s Next Steps For personal use only ¾ Glandore ¾ Drilling gives 11m @ 2.32g/t Au from surface ¾ Fluid Flow Study defines targets on two major structures off the Majestic Structure ¾ Initial drilling on the extension of the western target areas planned ¾ Twin Hills ¾ Initial drilling on the exte
Slide 22: Company Summary
Company Summary For personal use only ¾ Large prospective landholding in the proven Eastern Goldfields ¾ Projects strategically located adjacent to established gold producers ¾ Treasury at 1 February ~$3M– current program well funded ¾ Steady progress: ¾ Drilling hits Gold mineralisation ¾ New Ident
Slide 23: Thank you
For personal use only ARUMA RESOURCES Thank you. www.arumaresources.com.au ASX: AAJ