Aruma Resources Limited · ASX:AAJ
Aruma Resources — Investor Presentation (May 2022)
22 slides from Aruma Resources's investor presentation, May 4, 2022
Slide 1: Drilling For Discovery
Drilling For Discovery ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 4 May 2022 1
Slide 2: Corporate Snapshot
CORPORATE SNAPSHOT Trading Information AAJ Share Price - past 6 months BOARD & MANAGEMENT Share price (3/5/2022) A$0.10 Non-Executive Chairman Paul Boyatzis 52 week low/high A$0.006 - A$0.195 Managing Director 157m Shares on Issue (29m options ) Peter Schwann Market Cap A$16m Non-Executive Director
Slide 3: News Flow
NEWS FLOW 21 March 2022 ASX Announcement High-Grade Gold Discovery at Salmon Gums Project Highlights • Exceptional gold intersections from maiden drilling program at Salmon Gums Gold Project confirm new high-grade discovery • Results include; o 5m @ 50.2g/t Au from 42m in hole SGRC39 including o 3m
Slide 4: Set For Discovery In WA
Properties Aruma has a strong 1,348km2 four project –two commodity portfolio in West Australia focussed on finding exploitable Lithium and Gold SET FOR How and what we are exploring for? DISCOVERY “Aruma has drilled 9,275m of RC at • Mt Deans for Li-Ta, Au and • Salmon Gums and Saltwater gold projec
Slide 5: Aruma's Active 1,361km2 Projects
ARUMA’S ACTIVE 1,361km2 PROJECTS NORSEMAN Li-Rb PROJECT DRILL READY: • Mt Deans (Ngadju Country) o 1.4km2 on rail-highway to port o 8-hole 1,156m RC hits Li Rb o 3m @ 0.96% Li2O - 0.83% Rb2O from 34m YILGARN - GOLD • Salmon Gums (Farmland) o 222km2 Scotia host extension with gold o Drilling – 6,390m
Slide 6: Indicative News Flow
INDICATIVE NEWS FLOW • Mt Deans Lithium-Rubidium Project Goldfields – >1,156m RC drilling one section of thick pegmatite with Li2O up to 1.14% and Rb2O up to 1.05% • Salmon Gums Gold Project, Norseman Belt, Goldfields – 6,390m RC drilling completed–Results confirm high grade gold – 5m @ 50g/t Au - R
Slide 7: Mt Deans Lithium Rubidium Project
Mt Deans Lithium Rubidium Project • 200km from Esperance • In “Lithium Corridor” • Pegmatite in basalts • Strong Chip Samples results-Lithium oxide (Li2O) to 2.1%; Tantalum (Ta2O5) to 556 ppm • Drilling hits up to 1.14% Li2O and 1.05% Rb2O in 3m at 0.96% Li2O and 0.83% Rb2O from 34m ARUMA RESOURCES
Slide 8: Mt Deans Lithium Tantalum Project
Mt Deans Lithium Tantalum Project • Drill Program - designed to test for Cauldron • Discovered - vertical 20m thick dyke • 8 RC holes - 1,156m completed – results Confirm Li-Rb rich pegmatite • PoW –Approved for up to 200 holes • Drilling – 12 hole strike drilling (1.5km) in April • Target - 20mt @>
Slide 9: Salmon Gums Gold Project
Salmon Gums Gold Project • Location –Norseman Belt • Structure – Major NE faults • Area –222km2 granted Els • Heritage – All on farmland • Peer explorers in the district: • Scotia Results – Multiple zones of mineralisation • Green Lantern Intersections - 28m at 8.41g/t Au 9m at 3.14g/t Au 9m at 5.44
Slide 10: Salmon Gums – Drilling Gold
Salmon Gums – Drilling Gold • Pan Aust Gold Intersections * 7m at 2.7g/t Au 3m at 1.55g/t Au 1m at 4.8g/t Au • AAJ Phase 1 – 6,243m in 72 holes • Targets –1km wide magnetics 4 Stratigraphic Zones • Gold Intersected by Aruma 4m @ 4.26g/tAu from 105m Incl 1m@13.35g/t from 108m 5m @ 50.2g/t Au from 42m
Slide 11: Salmon Gums - Aruma Intersections
Salmon Gums -Aruma Intersections Aruma Intersections Hole SGRC33 4m at 4.26g/t Au -105m EOH Inc 1m @13.35m from 108m Hole SGRC39 #best intercept 5m @ 50.2g/t Au from 42m Inc 3m @ 83g/t Au from 42m Inc 1m @ 224g/t Au from 44m ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 11
Slide 12: Drilling – High Grade Results
Drilling– High Grade Results ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 12
Slide 13: Regional Drilling – 72 holes in 22km2
Regional Drilling– 72 holes in 22km2 • History – Under drilled • Geology – New Greenstone belt • Similar to - Scotia and Norseman • Multiple Stratigraphic Zones • Targets HG -Scotia 13Mt at >2g/tAu for >0.9m oz Au Highlight BONANZA GOLD HITS Ability to contain Norseman Style Quartz Veins 5m@50.2g/t
Slide 14: Pilbara Gold Projects
Pilbara Gold Projects Attractions • Was Open Ground • World class discoveries • Fertile rock types • 450km Nanjilgardy Fault • >5M oz Corridor • >1,000km2 Lease area • Potential Greenfields Camp Discovery ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 14
Slide 15: Melrose Project Description
Melrose Project Description • Location –Paulsens Mine >1moz • Structure – Nanjilgardy splay – >13km strike length • Area –381km2 leases – all granted – Heritage April 22 – Drill May 22 • Gold Indicators • Rock and drilling >2g/t Au • Thick zones >20m >0.2g/t Au • Anomalies not followed up “(It would
Slide 16: Melrose Gold Gossan Hill
Melrose Gold Gossan Hill • Location – 5km from Paulsens • >1moz Au produced • Structure – Paulsens Corridor • Gossan Hill >13km long • Merlin >13km long • Orientation – East West like Paulsens (shown in red to scale ) • Historic holes thick alteration ARUMA RESOURCES | ASX : AAJ www.arumaresources.c
Slide 17: Saltwater Project Description
Saltwater Project Description • Location – Southern Pilbara – 3 deposits >1M oz • Structures – Nanjilgardy Fault splays • Geophysics – Two 60km2 Mag-EM ring structures with splays • Area – 744km2 granted • Gold Indicators • Nuggets-Alteration • Drilling >0.3g/t Au ARUMA RESOURCES | ASX : AAJ www.aru
Slide 18: Saltwater Gold Camp
Saltwater Gold Camp New Greenfields Au area • 17/60 holes >0.1 g/tAu • Drilling done 6,390m • Open for repetitions • Saltwater Ring • Spinifex Ring • Interpreted section • A-B is 5km red line Exploration on the back burner now ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 18
Slide 19: Saltwater Gold Ring Structures
Saltwater Gold Ring Structures • Structure • Now Two 5km Wide Domes • Geology • Same as Mt Olympus -Paulsens • New Data • Geophysics Completed • Gold locations ARUMA RESOURCES | ASX : AAJ www.arumaresources.com 19
Slide 20: Aruma Highlights
• Company Metrics give strong upside – Market Cap ~$16M – Cash ~$5M • Drilling completed for real news flow with Mining Australia’s Top Intercept in March Aruma • Well Funded for exploration programs Highlights • Drilling Mt Deans Li Rb Project successful Generating Shareholder • Drilling the three
Slide 21: 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
Slide 22: Disclaimer
DISCLAIMER The information contained in this presentation is for informational purposes only and These estimates and assumptions while considered reasonable by the Company are subject to known and does not constitute an offer to issue, or arrange to issue, securities or other financial unknown risks