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ARUMA RESOURCES LIMITED Capital/Financing Update 2011

Sep 28, 2011

64273_rns_2011-09-28_00f32231-d1b2-49b3-b3db-9e1ad97636e4.pdf

Capital/Financing Update

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ABN 77 141 335 364 ASX: AAJ

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Aruma Resources Limited

ASX ANNOUNCEMENT 29 September 2011

DRILLING AT LAVERTON EAST AND STEEPLE HILL COMPLETED

Highlights

  • Laverton East and Steeple Hill drilling completed

  • Capital Raising successfully completed to continue exploration progress

  • Exciting new leases applied for at Glandore East and Murchison

Aruma Resources Limited (ASX: AAJ ) (“Aruma” or “the Company”) is pleased to announce it has completed the second phase drilling at the Company’s Laverton East Gold Project in WA’s eastern Goldfields. A total of 40 holes were completed for 1,381m. The drill holes were sited to follow up the previously announced 2m at 4.28g/t Au in LEAC 31 as well as testing the more felsic zone to the east.

The Company looks forward to report assay results from this drilling program in November.

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Figure 1 Laverton East Leases showing Geology and Coincident Rock Chip Gold and Drill Hole locations with LEAC 31 in red and the anomalous holes in yellow

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 29 September 2011

DRILLING AT LAVERTON EAST AND STEEPLE HILL COMPLETED

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KURNALPI SOUTH-STEEPLE HILL

Aruma Resources Limited is also pleased to announce that the first phase of drilling at the Company’s Steeple Hill Gold Project in WA’s eastern Goldfields, was completed last week. A total of 61 holes were completed for 1,980m. The drill holes were sited to follow up the previously announced Hyvista, soil and gossan anomalies.

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Figure 2 Steeple Hill Lease showing Geology and drill lines in red

The drilling on the second line revealed some alteration in quartz-biotite in 4 holes which are near the Gossans previously reported. All the anomalies were on Magnetic and Hyvista targets. Subject to laboratory availability and turnaround, Aruma expects to report assay results from this work in November.

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 29 September 2011

DRILLING AT LAVERTON EAST AND STEEPLE HILL COMPLETED

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CAPITAL RAISING SUCCESSFUL

Aruma has completed an initial capital raising through a placement to sophisticated investors, raising $630,000 before costs. A Share Purchase Plan is underway to raise up to $350,000, with the closing date on the 5[th] of October.

This funding will allow further evaluation of the Company’s growing portfolio of landholdings and gold projects in the coming year.

PROJECTS PROGRESS

  • The new Carbine and Murchison Region applications all have strong gold indications that extend under cover.

  • PoW applications have been submitted for Jundee South and Heritage Clearances are being negotiated on the Glandore East leases.

  • An application has been submitted for a further exploration licence (EL) adjacent to the Gindalbie Project.

  • Hyvista Surveys are scheduled at the Patricia, Laverton East Extension, Gindalbie and Darlot leases in October after vegetation dies off.

  • The Fluid Flow Study at Glandore is progressing, and results are expected in November.

ENDS

For further information please contact:

Peter Schwann Managing Director Aruma Resources Limited Ph: +61 8 9481 2425, Mobile: +61 417 946 370 [email protected]

Media enquires:

Annette Ellis/Karen Oswald Purple Communications Ph: +61 8 6314 6300

Competent Person’s Statement

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.

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 29 September 2011

DRILLING AT LAVERTON EAST AND STEEPLE HILL COMPLETED

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ABOUT ARUMA RESOURCES

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Project Locations
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Aruma (ASX: AAJ) is a focussed gold exploration company with eight prospective project areas within the Eastern Goldfields region of Western Australia. The Company is committed to generating resources through land acquisition and utilising new exploration technologies ensuring a minimal cost per ounce of discovery.

Inclusive of several tenements which are still under application, Aruma’s has increased its tenement package to over 1,000km[2] on regional structures in the Norseman - Wiluna Greenstone Belt which contains most of Australia's lode-type gold deposits. The flagship Glandore Project is approximately 40km east of Kalgoorlie-Boulder. Previous exploration of the Glandore Project has been focussed on or near areas of outcrop. The areas covered by soil or lake sediments have been largely ignored by past explorers but are now the focus of many successful companies in the immediate area. The Glandore Hub Project is situated <60km to the east of Glandore and comprises several gold exploration projects including Kurnalpi South prospects, Gindalbie and Bulong within an underexplored greenstone belt that hosts several major new discoveries.

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Just outside of this area is the Patricia Lease which has the covered extensions of a gold belt to the north and south.

The Laverton East, Darlot and Jundee South Projects are the northern projects, and the Laverton Projects anomalies were drilled at the end of the quarter. Each of the project areas can be readily accessed from the regional towns of Kalgoorlie-Boulder, Laverton or Wiluna.

Aruma has an experienced Board and management team, with a shared vision of advancing its Glandore hub concept through from exploration and resource definition to a scalable gold producer.

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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