Aruma Resources Limited · ASX:AAJ
Aruma Resources — RIU Resources Conference 2014 (Melbourne)
30 slides from Aruma Resources's conference presentation, Sep 24, 2014
Slide 1: Focus on Exploration: Copper and Gold
For personal use only FOCUS ON EXPLORATION COPPER AND GOLD ACTIVELY EXPLORING RIU Melbourne Presentation • September 2014 Managing Director • Peter Schwann www.arumaresources.com.au
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 important?
Why is this presentation important? For personal use only Aruma is exploring a copper project ➤ WA’s LARGEST COPPER CAMP (2200km2) ➤ OVER 300 km OF MINERALISED STRUCTURES ➤ TWO DEFINED CORRIDORS ➤ DRILLED MINERALISATION FIRST UP ➤ 6 FIRST TIER GOSSAN TARGETS READY TO DRILL ➤ HyMap SURVEY UNDERWAY TO
Slide 4: The key Projects
The key Projects For personal use only Bulloo Downs Project - Copper ➤ 100km south of Newman ➤ WA’s best Copper district Glandore Project - Gold ➤ 40km east of Kalgoorlie ➤ No native title claim Jundee South Project - Gold ➤ New interest at Jundee 4 www.arumaresources.com.au
Slide 5: Aruma's Model for Metals
Aruma’s Model for Metals For personal use only www.arumaresources.com.au
Slide 6: The Copper Structure
The Copper Structure For personal use only GOSSAN www.arumaresources.com.au
Slide 7: 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 REQUIRED FOR ➤ Over 2Mt of metal resources INFRASTRUCTURE ➤ Hosts De Grussa, Nifty, Telfer, ➤ DEMAND PREDICTED TO Yuneena, Thaduna and Horseshoe INCREASE ➤ HIGH GRADE – 1.5 to
Slide 8: Why Copper at Bulloo Downs?
Why Copper at Bulloo Downs? For personal use only A GREAT LOCATION A GREAT PROJECT ➤ IT OUTCROPS ➤ LOW ENTRY COST ➤ LARGE POWERFUL STRUCTURES ➤ SPEND $1.1M- 3yr FOR 90% ➤ STRONG COPPER ANOMALIES ➤ GOOD EXPLORATION RESPONSE ➤ GOLD AND SILVER CREDITS ➤ HYMAP RESPONSIVE ➤ UNDEREXPLORED OR IGNORED ➤ SUC
Slide 9: Bulloo Downs Project - Initial area
Bulloo Downs Project - Initial area For personal use only An exciting 218km2 copper project www.arumaresources.com.au
Slide 10: Bulloo Downs Project - Stage area
Bulloo Downs Project - Stage 2 area For personal use only A more exciting 2200km2 copper project www.arumaresources.com.au
Slide 11: Mineralised Corridors
Mineralised Corridors For personal use only Two corridors on a 2200km2 copper camp www.arumaresources.com.au
Slide 12: How Big Is Bulloo Downs Copper?
How Big Is Bulloo Downs Copper? For personal use only Kambalda Widgiemooltha nickel camp is 1600km2 www.arumaresources.com.au
Slide 13: Bulloo Downs Project progress
Bulloo Downs Project progress For personal use only • A new copper camp secured over 2200km2 • Rock Chips up to 37.9% Cu (Lachlan) and 42.9% Cu (Scotties) • 4m at 2.2% Cu from 51m in first pass drilling program (Madison) • 8 of 14 holes hit mineralisation (every line) • HyMap alteration over 300km i
Slide 14: 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.au
Slide 15: HyMap image of Madison
HyMap image of Madison For personal use only Madison Trends – Bulloo Copper Project www.arumaresources.com.au
Slide 16: Gossan - Madison East
Gossan - Madison East For personal use only 6-42% Copper in surface gossan www.arumaresources.com.au
Slide 17: Large Gossan Dimensions
Large Gossan Dimensions For personal use only Location Lease Length m Width m Cu % Au ppm Pb % Scotties E52/2337 100 2 42.93 1.5 0.1 Keep it Dark E52/2803 100 3 <0.1 <0.1 20.5 Madison E52/2024 3000 3 42.6 1 <0.1 Chandra E52/2024 8000 2 7.63 <0.1 <0.1 Terry’s E52/2024 800 2 0.57 <0.1 0.14 Koode Maji
Slide 18: Exploration and Development
Exploration and Development For personal use only ➤ Rock chip and mapping gets high Cu values (January- March) ➤ 4m at 2.2% Cu in first pass drilling program (March) ➤ All drill lines hit copper anomalism (March) ➤ HyMap alteration over 80km sampled (May) ➤ Heritage survey completed over 15km of ano
Slide 19: Why is Aruma still after Gold?
Why is Aruma still after Gold? For personal use only ➤ Gold will break out of Bank Lending Ceiling! ➤ 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
Slide 20: Aruma's Gold Projects
Aruma’s Gold Projects For personal use only ➤ Kalgoorlie and Wiluna ➤ Great addresses with: ➤ Grade and thickness ➤ Virgin projects ➤ Proven gold endowment ➤ Ready to drill ➤ Close to infrastructure www.arumaresources.com.au
Slide 21: The Gold Structure
The Gold Structure For personal use only www.arumaresources.com.au
Slide 22: 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 23: Glandore Gold Project
Glandore Gold Project For personal use only 40km east of Kalgoorlie by bitumen road www.arumaresources.com.au
Slide 24: Glandore Gold Drilling Program
Glandore Gold Drilling Program For personal use only STRONG SYSTEMS ➤ mineralisation in pink >1g/t from previous drilling on Fluid Flow study ➤ The yellow dashes are the Steves Line trend ➤ 68 holes drilled ➤ 2500m Aircore done ➤ Aircore holes to >60m www.arumaresources.com.au
Slide 25: Glandore Lake Drilling Program
Glandore Lake Drilling Program For personal use only Lake Drill Rig ➤ Aircore ➤ Low Impact ➤ Drills soft material ➤ 4000m Aircore done ➤ Aircore holes to >60m www.arumaresources.com.au
Slide 26: 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 ➤ RC drilling completed at Marks ➤ RAB drilling on southern trends www.arumaresources.com.au
Slide 27: RC drilling results from Marks
RC drilling results from Marks For personal use only Drilling results show thickness and grade RC Dip/Az GDA94 GDA94 Depth Depth Avg Intercept Hole Degrees Easting Northing From To Au g/t* m MRC08 -60/90 272982 7064899 24 37 0.67 13 inc 34 36 3.45 2 MRC10 -60/065 272947 7064947 5 15 0.46 10 inc 11 1
Slide 28: Structure and alteration minerals
Structure and alteration minerals For personal use only Marks Alteration on structure stands out through cover Red = Goethite, Green = Chlorite and Blue = Phengite www.arumaresources.com.au
Slide 29: Looking elsewhere on the lease
Looking elsewhere on the lease For personal use only ➤ New anomalies identified ➤ Anomalies on geochemistry ➤ Previous work wide spaced ➤ Southern targets suggested ➤ Geochem and HyMap same ➤ Drill gaps are on structures www.arumaresources.com.au
Slide 30: Investment Summary
For personal use only Investment Summary ➤ Exploring and drilling advanced projects ➤ Short time frame for discoveries ➤ Opportunity for commercial discoveries ➤ Adequately funded with $2M cash ➤ 150M shares on issue In the right areas for the right reasons at the right time! Thank you and please vi
Aruma Resources — RIU Resources Conference 2014 (Melbourne) on 6ix