ARUMA RESOURCES LIMITED — Capital/Financing Update 2013

May 6, 2013

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Aruma Resources Limited

ABN 77 141 335 364 ASX: AAJ

ASX ANNOUNCEMENT 7 May 2013

EXPLORATION UPDATE

Highlights

• Rock chip sampling reveals 300m gold anomaly at Steves Prospect

• Program of Works approved for Glandore

• 3,000m RC drilling at Glandore started

• Heritage Survey at Jundee South underway this week

• $2.5M Capital Raising completed

OVERVIEW

Western Australian gold explorer Aruma Resources Limited (Aruma or the Company) (ASX: AAJ) has three advanced projects, Jundee South , Glandore , and Gindalbie . All three projects are advanced with compelling reasons for the current exploration phase. The locations of Aruma's projects are seen in Figure 6 at the back of this report.

After almost two years of scientific study at Glandore the RC drilling of the two western Fluid Flow targets has commenced. The drill targets at Glandore have historic drilling and geochemistry that complement the Fluid Flow generated targets.

Jundee South also requires RC drilling, to define the mineralisation and progress the project. This is expected to commence after the completion of the Heritage Survey which is currently underway.

At all three projects, RC drilling will be focused on areas of gold mineralisation specifically with visible gold in quartz vein material at Gindalbie and Glandore, and within proximity of previous positive RAB results at Jundee South.

Aruma Resources Limited ABN 77 141 335 364 ASX: AAJ Suite 33, 18 Stirling Highway, Nedlands WA 6009 Locked Bag 2000, Nedlands WA 6909, Australia T +61 8 6389 1799 I F +61 8 6389 0112 I W www.arumaresources.com

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ASX ANNOUNCEMENT 7 May 2013

EXPLORATION UPDATE

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PROGRESS REPORTS

Glandore Project

The Glandore RC drilling has commenced in late April after rains in Kalgoorlie in February and March. The drilling will focus on the more accessible western areas that have been targeted after the Fluid Flow modelling and surface sampling.

The Programs of Work for the two areas, Steves and Grunts Prospects, have been approved. The drilling will total some 3,000m of RC drilling in the initial Phase. Negotiations are continuing with the Central East Group Native Title claimants to allow exploration on the eastern areas at Glandore.

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Figure 1 Drilling location plan with Fluid Flow and drilling anomalies with the RC target areas, Steves and Grunts Prospects, in the yellow ellipses. The red star is on the strong anomaly detailed in Figure 2.

Aruma Resources Limited

ABN 77 141 335 364 ASX: AAJ Suite 33, 18 Stirling Highway, Nedlands WA 6009 Locked Bag 2000, Nedlands WA 6909, Australia T +61 8 6389 1799 I F +61 8 6389 0112 I W www.arumaresources.com

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ASX ANNOUNCEMENT 7 May 2013

EXPLORATION UPDATE

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Figure 2 Follow up surface sampling from 24.1 g/t Au Rock chip with the >0.1g/t outline

A sample of visible gold was located at Steves Prospect and this is to be investigated by the current RC drilling. A rock chip from a 30cm wide quartz vein at Steves Prospect assayed 24 g/t. The vein is in the area to be RC drilled and was noticed whilst putting in drill sites. The area around and along strike of the vein was sampled by chip and channel sampling and the result is shown in Figure 2 above.

Aruma Resources Limited ABN 77 141 335 364 ASX: AAJ Suite 33, 18 Stirling Highway, Nedlands WA 6009 Locked Bag 2000, Nedlands WA 6909, Australia T +61 8 6389 1799 I F +61 8 6389 0112 I W www.arumaresources.com

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ASX ANNOUNCEMENT 7 May 2013 EXPLORATION UPDATE

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The area of the highly anomalous surface samples is some 170m east west and 220m north south. The trend can be linked to a drill anomaly to the south and this is shown as the yellow dashed line in Figure 2. The length of the trend is some 1km and the sampling was only conducted on outcrop to subcrop. Table 1 details the tenor of the assays from this area.

Sample #	Easting	Northing	Au(FA30)		Sample #	Easting	Northing	Au(FA30)
16374	390545	6595423	4.52		16222	390574	6595428	0.23
16195	390557	6595406	2.42		16194	390557	6595406	0.22
16200	390560	6595410	1.91		16227	390577	6595432	0.22
16372	390561	6595401	1.75		16251	390507	6595460	0.22
16366	390559	6595385	1.39		16220	390573	6595427	0.21
16219	390572	6595426	1.25		16212	390568	6595420	0.19
16389	390422	6595618	1.01		16218	390571	6595425	0.19
16370	390566	6595394	0.69		16181	390548	6595395	0.18
16373	390551	6595415	0.69		16189	390553	6595402	0.18
16184	390550	6595398	0.67		16214	390569	6595422	0.18
16229	390578	6595434	0.5		16190	390554	6595402	0.17
16223	390575	6595429	0.47		16213	390568	6595421	0.17
16197	390558	6595408	0.44		16367	390554	6595391	0.17
16203	390562	6595413	0.39		16211	390567	6595419	0.16
16205	390563	6595414	0.38		16225	390576	6595431	0.16
16196	390558	6595407	0.36		16226	390576	6595431	0.16
16371	390565	6595393	0.36		16381	390591	6595426	0.16
16216	390570	6595423	0.32		16178	390547	6595393	0.15
16224	390575	6595430	0.32		16230	390579	6595435	0.15
16368	390543	6595404	0.28		16301	390542	6595498	0.15
16204	390563	6595414	0.27		16193	390556	6595405	0.14
16201	390561	6595411	0.26		16206	390564	6595415	0.13
16217	390571	6595424	0.26		16207	390565	6595416	0.11
16375	390542	6595429	0.26		16182	390549	6595396	0.1
16188	390553	6595401	0.25		16208	390565	6595417	0.1
16215	390570	6595423	0.25		16228	390578	6595433	0.1
16187	390552	6595400	0.24		16386	390474	6595560	0.1
16199	390560	6595410	0.24

Table 1 Results ≥ 0.1g/t Au from the sampling in Figure 2 (55 samples from 223 total) Colour Code

Red ≥1g/t Au Green <1 ≥0.5g/t Au Tan <0.5 ≥0.25 g/t Au Yellow <0.25 ≥0.1g/t Au

Aruma Resources Limited

ABN 77 141 335 364 ASX: AAJ Suite 33, 18 Stirling Highway, Nedlands WA 6009 Locked Bag 2000, Nedlands WA 6909, Australia T +61 8 6389 1799 I F +61 8 6389 0112 I W www.arumaresources.com

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ASX ANNOUNCEMENT 7 May 2013

EXPLORATION UPDATE

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Gindalbie

Drilling will commence at the Gindalbie project this year, with an RC program over the Lady Lauren prospect. The Lady Lauren prospect has been defined by both rock chip samples and the reinterpretation of HyMap.

The area to be drilled has produced visible gold specimens and rock chips of up to 25.81 g/t Au (LSA Exploration 2011). A total of some 1,000m of RC drilling will be carried out after the PoW is approved.

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Figure 3 HyMap image of the Lady Lauren area showing rock chip (red star) and HyMap alteration anomalies (blue on the local trend in yellow)

Aruma Resources Limited

ABN 77 141 335 364 ASX: AAJ Suite 33, 18 Stirling Highway, Nedlands WA 6009 Locked Bag 2000, Nedlands WA 6909, Australia T +61 8 6389 1799 I F +61 8 6389 0112 I W www.arumaresources.com

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ASX ANNOUNCEMENT 7 May 2013

EXPLORATION UPDATE

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Jundee South Project

The Jundee South Project (E53/1461) is located 60km east of Wiluna and 25km south of the Jundee Mine. The 2011-2012 RAB programs consisted of 2,562m of RAB drilling in 75 vertical drill holes following up previously identified soil anomalies that had not been drilled. One soil sample produced a result of 16.5g/t Au in the area, Marks Prospect, near the current Western Area of mineralisation. (Normandy Mining Limited, 1992).

The area to be drilled is being appraised by the Central Desert Native Title Services, and the Company expects the clearance to be given in May after the survey on the 8th of May.

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Figure 4 Drilling Plan on Geology with Figure 5 area (Enlargement) shown in red rectangle

Aruma Resources Limited

ABN 77 141 335 364 ASX: AAJ Suite 33, 18 Stirling Highway, Nedlands WA 6009 Locked Bag 2000, Nedlands WA 6909, Australia

T +61 8 6389 1799 I F +61 8 6389 0112 I W www.arumaresources.com

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ASX ANNOUNCEMENT 7 May 2013

EXPLORATION UPDATE

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Marks Prospect
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Figure 5 Drilling location plan with Geochem and drilling anomalies with the RC target area (Marks Prospect) as a blue ellipse

The RAB drilling has defined the mineralised Marks Prospect at Jundee South as a 400m by 100m area, and the planned RC drilling will total some 2,000m in the initial phase. The significance of the RAB drill results were that the mineralisation is both thick and can contain high grades.

Hole	Easting	Northing	Total Interval(m)	Average g/t Au
JSR033	272960	7065040	17	1.87
JSR034	272958	7064978	12	6.58
JSR035	272960	7064941	10	1.53
JSR037	273000	7064940	3	1.43

Note: All holes vertical and assays by Fire Assay 50g

Table 2 Thick and high grade mineralisation in the Marks Prospect (as announced on 13 November 2012)

Aruma Resources Limited

ABN 77 141 335 364 ASX: AAJ Suite 33, 18 Stirling Highway, Nedlands WA 6009 Locked Bag 2000, Nedlands WA 6909, Australia T +61 8 6389 1799 I F +61 8 6389 0112 I W www.arumaresources.com

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ASX ANNOUNCEMENT 7 May 2013

EXPLORATION UPDATE

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Other Areas

Exploration work at Bulong, Laverton East (Pauls Well) and the other leases is ongoing and will continue as the leases are granted, as will the routine acquisitions and releases of ground according to results.

Corporate

On the 4th March, 2013, Aruma announced that it agreed to raise $2.5 million (before costs) under a placement of 50 million shares at a price of 5 cents per share (the Placement).

A total of 44.7 million shares were issued to sophisticated investor clients of BBY Limited, Lead Broker to the offer. The remaining 5.3 million shares were placed with entities associated with Aruma’s directors.

Aruma received very strong support for the Placement from existing shareholders as well as a number of new sophisticated and professional investors.

The funds raised are to be used for targeted gold exploration programs on the Company’s existing projects, Glandore, Gindalbie and Jundee South, located in the Kalgoorlie goldfields in Western Australia as well as costs of the issue and general working capital.

ENDS

For further information please contact:

Peter Schwann Managing Director Aruma Resources Limited Ph: +61 8 6389 1799 Mobile: +61 417 946 370 info@arumaresources.com

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 Suite 33, 18 Stirling Highway, Nedlands WA 6009 Locked Bag 2000, Nedlands WA 6909, Australia T +61 8 6389 1799 I F +61 8 6389 0112 I W www.arumaresources.com

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ASX ANNOUNCEMENT 7 May 2013

EXPLORATION UPDATE

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Figure 6 Aruma Resources’ Project Locations

Aruma Resources Limited ABN 77 141 335 364 ASX: AAJ Suite 33, 18 Stirling Highway, Nedlands WA 6009 Locked Bag 2000, Nedlands WA 6909, Australia T +61 8 6389 1799 I F +61 8 6389 0112 I W www.arumaresources.com

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