ARUMA RESOURCES LIMITED — Capital/Financing Update 2010

Nov 9, 2010

ABN 77 141 335 364 ASX: AAJ

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Aruma Resources Limited

ASX ANNOUNCEMENT 10 November 2010

SIGNIFICANT GOLD INTERSECTION FROM SURFACE AT GLANDORE

Highlights

• Glandore Project

  • First pass drilling to test soil anomalies completed

  • Significant Intersection to date of 11m at 2.32 g/t from surface

  • Anomalous Gold Mineralisation trend intersected over 2km

  • 26 of 37 holes intersect anomalous gold mineralisation

  • Further known anomalies to be tested

  • Follow up drilling planned

• Regional Projects

  • Strategic PLs and ELs applied for near Glandore

� Hyvista

• Hyvista generated anomalies identified on all leases

The Directors of Aruma Resources Limited (Aruma) (ASX:AAJ ) are pleased to announce that the Company has successfully completed its maiden drilling programme at its flagship Glandore ‐ Project, located 40km East of Kalgoorlie Boulder. A total of 48 holes (AGR1 to 48) were drilled to test selected gold anomalies in areas previously unexplored.

On Figure 1 below it can be seen that over two thirds of holes assayed to date (26 of 37) encountered anomalous gold mineralisation (>0.1g/t). Drill Hole AGR 28 contained an 11 m intersection at 2.32 g/t from surface (within a twenty ‐ one metre intersection from surface at 1.43 g/t) and significantly defines thick mineable grades in an area previously unexplored but defined by soil sample gold anomalies. This is similar to the thicknesses in the previously reported drilling at the Supergene, Axial Planar and Eastern Lode Zones.

AGR 28 is within a new mineralised corridor and reinforces Glandore’s ability to host thick mineralised zones. These corridors may occur over significant strike lengths. This hole is located in and around an altered and bleached felsic sediment originally mapped as a porphyry (granitic) and is open 500m to the north and to the south. Drill Hole AGR 23 (170m to the north of AGR 28) intersected anomalous mineralisation at the bottom of the hole.

Aruma Resources Limited

ABN 77 141 335 364 ASX: AAJ 24 Colin Street, West Perth WA 6005, Australia I PO Box 2803, West Perth WA 6872, Australia T +61 8 9481 2425 I F +61 8 9481 1756 I W www.arumaresources.com

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ASX ANNOUNCEMENT 10 November 2010

SIGNIFICANT GOLD INTERSECTION FROM SURFACE AT GLANDORE

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The results to date confirm the anomalous gold in soil trends over the 2 km of strike length tested. Numerous thick anomalous zones >0.1 g/t are evident and these will be modelled and drilled once all the results are received. Previously inaccessible anomalous areas will also be drilled in the coming programme with better site preparation.

Follow up drilling is programmed to explore additional soil and auger anomalies as well as aiming to extend intersections defined in this drilling program and previous historical drilling. There are over 30 targets defined and the drilling has only tested 5 of these areas to date and there are another ~25 to be explored.

Two prospective areas have also been pegged as prospecting licences to the west and south of the main project area to increase the potential of the Project.

Hole	*Easting **	*Northing **	Azimuth	Dip	From	To	**Intercept **	Aug/t #
AGR13	391405	6594998	270	‐60	37	38	1	1.04
AGR14	391482	6595002	270	‐60	22	23	1	1.08
AGR23	391647	6594358	270	‐60	77	78	1	1.07
AGR28	391664	6594194	270	‐60	0	21	21	1.43
			including		0	11	11	2.32
			also		32	39	7	1.04

*GDA 94 #Assay by AR25

Table 1 Results >1g/t of for the Drilling Program received to date.

Further results are still to be received which will be reported when they become available.

Aruma Resources Limited ABN 77 141 335 364 ASX: AAJ 24 Colin Street, West Perth WA 6005, Australia I PO Box 2803, West Perth WA 6872, Australia T +61 8 9481 2425 I F +61 8 9481 1756 I W www.arumaresources.com

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ASX ANNOUNCEMENT 10 November 2010

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SIGNIFICANT GOLD INTERSECTION FROM SURFACE AT GLANDORE

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Figure 1 Glandore Drilling Area showing Mineralised Holes (Yellow>0.1g/t and Red >1g/t)

Aruma Resources Limited

ABN 77 141 335 364 ASX: AAJ 24 Colin Street, West Perth WA 6005, Australia I PO Box 2803, West Perth WA 6872, Australia T +61 8 9481 2425 I F +61 8 9481 1756 I W www.arumaresources.com

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ASX ANNOUNCEMENT 10 November 2010

SIGNIFICANT GOLD INTERSECTION FROM SURFACE AT GLANDORE

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Hyvista

The complete Hyvista Mapping report on all of the Projects is expected next week. Initial studies have identified the alteration associated with gold in previously explored areas at Gindalbie and Glandore, with similar alteration evident in all the areas studied. These will be investigated by soil and augur sampling in the New Year.

Tenement Acquisition

A 60km2 prospective Exploration Licence has now been applied for at Gindalbie and will be explored when granted. A smaller EL has been applied near Steeple Hill as part of the Company's land strategy.

For further information please contact:

Peter Schwann

Managing Director

Aruma Resources Limited

Telephone: +61 8 9481 2425 info@arumaresources.com .

The information in this release that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Peter Schwann who is a Fellow of the Australasian Institute of Mining and Metallurgy and Chartered Professional (Geology). Mr Schwann is an employee of the Company. Mr Schwann has sufficient relevant experience to qualify as a Competent Person as defined in the JORC Code (2004) and consents to the inclusion of this information in the form and context in which it appears.

About Aruma

Aruma is a focussed West Australian based gold exploration company which has four prospective project areas within the Eastern Goldfields region of Western Australia. Inclusive of several tenements which are still under application, Aruma’s tenement package now totals approximately 430 km2.

‐ The flagship Glandore Project is approximately 40 km east of Kalgoorlie Boulder. Previous exploration of the Glandore ‐ Project, has identified several advanced exploration areas and some twenty under explored prospective exploration targets.

Aruma Resources Limited ABN 77 141 335 364 ASX: AAJ 24 Colin Street, West Perth WA 6005, Australia I PO Box 2803, West Perth WA 6872, Australia T +61 8 9481 2425 I F +61 8 9481 1756 I W www.arumaresources.com

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