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 AMEC Convention 2011 Managing Director 29 June 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 10c $6.5M Cash (31May 2011) $3.2M Shareholders 390 Top 10 76% Hemisphere Resources 61.3% www.arumaresources.com.au ASX: AAJ
Slide 5: Project Locations
Project Locations Glandore Project For personal use only 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
Slide 6: Highly Prospective Landholding
Highly Prospective Landholding For personal use only All Projects 100% Owned Within a Major Gold Province Showing strong Gold indicators Close to Infrastructure Projects advanced post listing Glandore landholding increased by 40% Two phases of Glandore Drilling completed - 5920m Total
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 Au Intersections 11m @ 2.32g/t from surface 2m @ 4.77 g/t from 18m 55 of 74 Holes assayed >0.1g/t Gravity and Fluid flow
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 55 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 Prospect re-eva
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 pink 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 CSIRO Fluid
Slide 13: Glandore Structures in Magnetics
Glandore Structures in Magnetics For personal use only “Majestic Structure” in Red NW Structures in Yellow Fluid Flow Study Underway www.arumaresources.com.au ASX: AAJ
Slide 14: Regional Projects
Regional Projects Kurnalpi South For personal use only PoWs submitted/approved Gindalbie Granting imminent on 70 km2 Laverton East PoW Approved, Drilling May Lease applied for to the North Jundee South PoW submitted Darlot East 20 km2 east of Darlot Mine Patricia 74 km2 on Celia Lineam
Slide 15: Additional Lease Areas Acquired
Additional Lease Areas Acquired For personal use only New leases in a 60 km radius of Glandore www.arumaresources.com.au ASX: AAJ
Slide 16: Gindalbie Project
Gindalbie Project For personal use only 70km2 Prospect 45km north of Glandore Mostly soil covered Prospects on Structures on sediment-greenstone contact Adjacent major Lineament Lithological Terminations evident Hyvista survey completed www.arumaresources.com.au ASX: AAJ
Slide 17: 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 Approved Heritage clearances in June Large Projects north (Carosue) and south (Aldiss) i
Slide 18: 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 Next figure in black square New lease applied for along strike PoW Approved Drilling underway www.arumaresources.com.au ASX: AAJ
Slide 19: Laverton East Project – Hyvista Target
Laverton East Project – Hyvista Target For personal use only Red anomaly is Goethite-Mica Anomaly is 1km by 150m Hyvista maps goethite over Gold anomaly PoW amended for Aircore Drilling program is 3000m of RC over Hyvista and Geochem area 1000m of RC over remainder of lease Site Cleara
Slide 20: 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 - Vause Gold structure is extended to the west Alluvial Workings Structural Disruption sites Identified Gold Mineralisation evident
Slide 21: 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 - 55 anomalous Eight holes >1g/t Au intersections New ELs at Laverton East, Darlot, Patricia, Kurnalpi South and Gindalbie All Granted Projects now ma
Slide 22: Aruma's Work Timeline
Aruma’s Work Timeline 2010 For personal use only 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 23: 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 for Fluid Flow Study to target the Majestic Structure • Initial drilling on the extension of the Majestic Structur
Slide 24: 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 May $3.2M– current program fully funded Rapid progress: Drilling at Glandore hits thick Gold mineralisation from
Slide 25: Thank you
For personal use only ARUMA RESOURCES Thank you. www.arumaresources.com.au ASX: AAJ