ARUMA RESOURCES LIMITED — AGM Information 2023

Nov 21, 2023

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AGM November 2023

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ARUMA RESOURCES | ASX : AAJ

ARUMA’S PROJECTS

Mt Deans

Lithium bearing pegmatite Multiple pegmatites with consistent mineralisation Lithium plus tin and tantalum

Saltwater

New REE targets in greenfields province – high grade samples Targeting for Au, REE, Cu, Pb, Co

Melrose

Strike extensions of Paulsens mine

Salmon Gums Drilling defined high-grade gold – 5m at 50g/t Diamond drilling in September.

Carter Well New area of hidden greenstone

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ARUMA RESOURCES | ASX : AAJ

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SALMON GUMS GOLD PROJECT

Location – Norseman Belt

Structure – Major NE faults

Area –222km[2] granted Els

• 1 new 138km[2] lease just applied for.

Heritage – All on farmland

: Peer explorers in the district

Scotia Mining Centre Multiple zones of mineralisation

Green Lantern Intersections :

• 28m at 8.41g/t Au*

• 9m at 3.14g/t Au*

• 9m at 5.44g/t Au*

• TUL announcement 2/8/2021

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SALMON GUMS – DRILLING GOLD

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Bonanza grade Gold Intersected;

• 4m @ 4.26g/t Au from 105m

• Incl 1m @ 13.25g/t Au from 108m

• 5m @ 50.2g/t Au from 42m

• Incl 3m @ 83g /t Au from 42m (AAJ ASX announcement 21 March 2022)

Core drilling expands area of interest at Salmon Gums to;

• 3.5km wide interpreted Greenstone in 3+ Stratigraphic

• Zones

2023 diamond drilling at Thistle

• 7.6m @ 7.3g/t Au from 38.4m in SG23DD007, • including 2.6m @ 9.6g/t Au from 38.4m

• • and 0.85m @ 40.9g/t Au from 43.4m

• • 2.3m @ 1.8g/t Au from 42m in SG23DD003,

• including 0.95m @ 3.95g/t Au from 42.7m

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SALMON GUMS

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0.01 g/t Au
0.08 g/t Au
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• 5.90m @ 10.5g/t Au from 38.4m in SG23DD007,

• including 2.60m @ 9.85g/t Au from 38.4m

• o and 0.85m @ 40.9g/t Au from 43.4m

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MT DEANS LITHIUM PROJECT

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• 200km from the deep sea port of Esperance in the “Lithium Corridor” of Western Australia

• Pegmatite in basalts

• O and 1.5% Rb O

• Drill hits up to 2% Li2 2 o 8m @ 1.1% Li2O from 26m o 5m @ 1.0% Li2O from 55m o 5m @ 1.2% Li2O from 4m

• High Cs, Nb, Ta, Sn and K o 10m at 0.2% Cs from 33m o 6m at 0.2% Cs from 13m o 7m at 405ppm Sn from 33m o 6m at 400ppm Ta from 28m

• *(AAJ ASX announcement 11 January 2023)

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MT DEANS LITHIUM PROJECT

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Drill Programs Initial metallurgical test work Identified up to 15m thick is underway. Seeking to pegmatites capture Lithium and other potentially valuable Metallurgy accessory minerals Flotation test work completed on RC sample. Outcrop sample currently underway Conceptual processing flowsheet Results Identifies Li mica is suitable for While lithium is the targeted flotation and Sn and Ta very commodity, tin and amenable to further gravity tantalum are both separation. within the pegmatites in Aim quantities that provide substantial economic benefit Define mineable pegmatites with and have shown to liberate ~1.0% Li2O with Rb, Cs, Ta, Sn and K 2O with Rb, Cs, Ta, Sn and K O with Rb, Cs, Ta, Sn and K well through gravity capable of producing a saleable concentrate separation.

Define mineable pegmatites with ~1.0% Li2O with Rb, Cs, Ta, Sn and K 2O with Rb, Cs, Ta, Sn and K O with Rb, Cs, Ta, Sn and K capable of producing a saleable concentrate

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PILBARA PROJECTS

ATTRACTIONS

• Open ground with easy access

• World class discoveries

• Fertile rock types

• 450km Nanjilgardy Fault target

• • >5M oz Corridor

• 1,000km2 Lease areas

• Potential for greenfields Camp discovery

• • Rare Earth possibilities

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SALTWATER PROJECT DESCRIPTION

Basement Fault splays into Domes 398km[2] granted tenure

80km of strike of the favourable WylooBresnehan major unconformity

Gold Indicators

Nuggets-Alteration

Historic REE targets being investigated along with Uranium and base metal mineralization

• Levanto – 11% REO*

• Sirius – 9% REO*

• O

• DRE – 3.25 kg/t Nd2 3**

• Nobbys – 3.1% Cu, 1.4% Pb, 2g/t Au*

• • Monster – 11.6 g/t Au, 650 g/t Ag and 2.9% Sb**

• AAJ ASX announcement 16 February 2023 (Open file WAMEX Report A88669)

• ** DRE ASX announcement 8 February 2023

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Sirius
Levanto
DRE
Nobbys
Monster
Saltwater
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Company Metrics give strong upside Market Cap ~$6.9M Cash ~$2.6M

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Projects in active mining precincts Multi-commodity focus

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Actively Drilling for real news flow

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New MD appointed – Glenn Grayson

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Well Funded For exploration programs

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In house expertise generating projects

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Results Drilling success - Mt Deans Li Project - Salmon Gums Gold

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R&D compliant for 43% rebate - >$5.5M to date

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James Moses , Media and Investor Relations
Mandate Corporate
M: +61 420 991 574
E:james@mandatecorporate.com.au
www.arumaresources.com
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ARUMA RESOURCES | ASX : AAJ