ARUMA RESOURCES LIMITED — Interim / Quarterly Report 2011

Jan 30, 2012

Appendix 5B Mining exploration entity quarterly report

Rule 5.3

Appendix 5B

Mining exploration entity quarterly report

Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001.

Name of entity

ARUMA RESOURCES LIMITED

	ABN 77 141 335 364 Consolidated statement of cash flows	ABN 77 141 335 364 Consolidated statement of cash flows	Quarter ended (“current quarter”) 31 December 2011	Quarter ended (“current quarter”) 31 December 2011
			31 December 2011
Cash flows related to operating activities 1.1 Receipts from product sales and related debtors 1.2 Payments for (a) exploration and evaluation (b) development (c) production (d) administration 1.3 Dividends received 1.4 Interest and other items of a similar nature received 1.5 Interest and other costs of finance paid 1.6 Income taxes paid 1.7 i Other (Bond for office lease) 1.7 ii GST received/(paid) Net Operating Cash Flows		Current quarter $A‘000		Year to date (6months) $A ‘000
		- (274) - - (163) - 81 - - (5) 7		33 (716) - - (318) - 173 - - (5) (2)
		(354)		(835)
Cash flows related to investing activities 1.8 Payment for purchases of: (a) prospects (b) equity investments (c) other fixed assets 1.9 Proceeds from sale of: (a) prospects (b) equity investments (c) other fixed assets 1.10 Payment for exploration licences granted 1.11 1.12 Net investing cash flows 1.13 Total operating and investing cash flows (carried forward)		(100) - (2) - - - - -		(100) - (5) - - - - -
		(102)		(105)
		(456)		(940)

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Appendix 5B Mining exploration entity quarterly report

1.13 Total operating and investing cash flows (brought forward)	(456)	(940)
Cash flows related to financing activities 1.14 Proceeds from issues of shares, exercise of options, etc. 1.15 Proceeds from sale of forfeited shares 1.16 Proceeds from short term loan 1.17 Repayment in full of short term loan 1.18 Dividends paid 1.19 Share issue costs 1.20 Other – held pending issue of securities Net financing cash flows	242 - - - - (36) (50)	948 - - - - (36) -
	**156 **	912
Net increase (decrease) in cash held 1.20 Cash at beginning of quarter/year to date 1.21 Exchange rate adjustments to item 1.20 1.22 Cash at end ofquarter*	(300) 3,247 -	(28) 2,975 -
	2,947	2,947

*The cash balance at the beginning of the quarter has been restated to reflect interest of $88,173 received during the September quarter which had not been included in the September Appendix 5B.

Payments to directors of the entity and associates of the directors Payments to related entities of the entity and associates of the related entities

1.23 1.24	Aggregate amount of payments to the parties included in item 1.2 Aggregate amount of loans to the parties included in item 1.10	Current quarter $A’000
		127
		-
1.25	Explanation necessaryfor an understandingof the transactions
	Payment of salary to managing director and payment of directors’ fees.

Non-cash financing and investing activities

2.1

Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows

During the quarter the Company executed an option agreement to acquire two new lease areas in the Eastern Goldfields region of Western Australia. In accordance with the terms of the option agreement, the Company paid $100,000 and issued 1 million shares in the Company to the vendor giving the Company the right to explore the tenements over the 18 month option period. Aruma Resources can exercise its right to acquire LSA Exploration Pty Ltd, the holder of the tenements, within the option period for consideration of $2 million and the issue of a further 5 million shares in Aruma. No royalty would be payable over any of the tenements to the vendor.

• 2.2 Details of outlays made by other entities to establish or increase their share in projects in which the reporting entity has an interest

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Appendix 5B Mining exploration entity quarterly report

Financing facilities available

Add notes as necessary for an understanding of the position.

3.1 Loan facilities 3.2 Credit standby arrangements	Amount available $A’000	Amount used $A’000
	-	-
	-	-

Estimated cash outflows for next quarter

4.1 Exploration and evaluation 4.2 Development 4.3 Acquisition of interests 4.4 Administration	$A’000
	350
	-
	-
	150
Total	500

Reconciliation of cash

Reconciliation of cash
Reconciliation of cash at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts is as follows.	Current quarter $A’000	Previous quarter $A’000
5.1 Cash on hand and at bank 5.2 1 month term deposit 5.3 3 month term deposit 5.4 6 month term deposit	2,440	747
	507	2,412
	-	-
	-	-
Total: cash at end of quarter(item 1.22)	2,947	3,159

Changes in interests in mining tenements

Tenement reference	Nature of interest (note (2))	Interest at beginning of quarter	Interest at end of quarter
E29/743 E29/823 E29/852 E27/435	Option to acquire Option to acquire Option to acquire Option to acquire	0% 0% 0% 0%	0% 0% 0% 0%

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Appendix 5B Mining exploration entity quarterly report

Issued and quoted securities at end of current quarter

Description includes rate of interest and any redemption or conversion rights together with prices and dates.

	Total number	Number quoted	Issue price per security (see note 3)	Amount paid up per security (see note3)
7.1 Preference +securities 7.2 Changes during quarter (a) Increases through issues (b) Decreases through returns of capital,etc.
7.3 +Ordinary securities 7.4 Changes during quarter (a) Increases through issues (b) Shares released from escrow (c) Decreases through returns of capital,buy-backs	79,304,167	39,179,172
	4,233,334	4,233,334
7.5 +Convertible debt securities 7.6 Changes during quarter (a) Increases (b)Decreases	-	-
7.7 Options (description and conversion factor) 7.8 Issued during quarter 7.9 Exercised during quarter 7.10 Expired/lapsed during quarter	4,000,000	-	Exercise price 27cents	Expiry date 31 March 2012
	-	-
	-	-
	-	-
7.11 Debentures (totals only)	-	-
7.12 Unsecured notes (totals only)	-	-

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Appendix 5B Mining exploration entity quarterly report

Compliance statement

• 1 This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Act or other standards acceptable to ASX (see note 4).

• 2 This statement does give a true and fair view of the matters disclosed.

Sign here: Phillip MacLeod Date: 31 January 2011 Company Secretary Print name: Phillip MacLeod

Notes

• 1 The quarterly report provides a basis for informing the market how the entity’s activities have been financed for the past quarter and the effect on its cash position. An entity wanting to disclose additional information is encouraged to do so, in a note or notes attached to this report.

• 2 The “Nature of interest” (items 6.1 and 6.2) includes options in respect of interests in mining tenements acquired, exercised or lapsed during the reporting period. If the entity is involved in a joint venture agreement and there are conditions precedent which will change its percentage interest in a mining tenement, it should disclose the change of percentage interest and conditions precedent in the list required for items 6.1 and 6.2.

• 3 Issued and quoted securities The issue price and amount paid up is not required in items 7.1 and 7.3 for fully paid securities .

• 4 The definitions in, and provisions of, AASB 1022: Accounting for Extractive Industries and AASB 1026: Statement of Cash Flows apply to this report.

• 5 Accounting Standards ASX will accept, for example, the use of International Accounting Standards for foreign entities. If the standards used do not address a topic, the Australian standard on that topic (if any) must be complied with.

• == == == == ==

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