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ARUMA RESOURCES LIMITED — Investor Presentation 2011
Mar 30, 2011
64273_rns_2011-03-30_99289353-2003-47a5-9b60-110b89397a8b.pdf
Investor Presentation
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ARUMA RESOURCES
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Focussed Exploration of WA’s Eastern Goldfields
Peter Schwann Managing Director
March 2011
ASX: AAJ
www.arumaresources.com.au
Disclaimer /Competent Person’s Statement
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The information in this presentation:
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was prepared with due care and attention and is current at the date of the presentation;
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is not an offer or recommendation to purchase or subscribe for securities in Aruma Resources Limited or to retain any securities currently held;
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does not take into account the potential and current individual investment objectives or the financial situation of investors;
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the information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr Peter Schwann, a full time employee of Aruma, who has sufficient experience to qualify as a Competent Person as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”;
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Mr Schwann consents to the inclusion in the presentation of the matters based on his information in the form and context in which it appears;
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actual results may materially vary from any forecasts (where applicable) in this presentation; and
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before making or varying any investment in securities in Aruma Resources Limited, all investors should consider the appropriateness of that investment in light of their individual investment objectives and financial situation and should seek their own independent professional advice.
ASX: AAJ
www.arumaresources.com.au
Board Snapshot
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Mr Paul Boyatzis – Chairman
. Over 25 years experience in the investment and equity markets
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Mr Peter Schwann – Managing Director
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Geologist with 35 years experience in all facets of Gold exploration and .
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exploitation
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Mr Danny Costick – Non Executive Director
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Engineer with 25 years operational experience from project evaluation .
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to management
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Mr Ki Keong Chong – Non Executive Director
Lawyer with over 20 years experience in the legal aspects of corporate finance and banking . (Appointed 1 February 2011)
ASX: AAJ
www.arumaresources.com.au
Capital Structure
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| Shares on Issue | 65 M |
|---|---|
| Market Capitalisation at 12c | $7.8M |
| Cash (31December 2010) Current March 2011 |
$3.7M $3.5M |
| Shareholders | 490 |
| Top 10 Hemisphere Resources |
76% 61.3% |
ASX: AAJ
www.arumaresources.com.au
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Project Locations
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Glandore Project
40km east of Kalgoorlie-Boulder
- Kurnalpi South Project
40 to 60 km east of Glandore
Gindalbie Project 60km north-east of Kalgoorlie-Boulder Jundee South Project 20 km south of Jundee Mine Laverton East Project 20km east of Laverton
ASX: AAJ
www.arumaresources.com.au
Highly Prospective Landholding
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All Projects
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Within a Major Gold Province
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In the Eastern Goldfields
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Showing strong Gold indicators
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Close to Infrastructure
Projects advanced post listing
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Glandore landholding increased by 40%
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Two phases of Glandore Drilling completed - 5920m
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Total landholding up from 374 to 613km[2]
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New leases secured in the Glandore, Kurnalpi, Gindalbie and Laverton Areas
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All Granted projects flown and scanned for Hyvista Mineral Mapping
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Gravity and Regional Drilling underway
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ASX: AAJ
www.arumaresources.com.au
Glandore Gold Project
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Leases 100% Aruma
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Land Area >41km [2 ]
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Leases underexplored
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74 RC Holes Completed
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5920m assayed (all)
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8 holes >1.0 g/t
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Intersections 11m @ 2.32g/t from surface
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2m @ 4.77 from 18m
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56 holes from 74 Assayed >0.1g/t
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Anomalies over 2800m strike defined
ASX: AAJ
www.arumaresources.com.au
Previous Glandore Assays
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| Location | Intersection | From |
|---|---|---|
| Axial Planar Fault | 10m at 10.27 g/t Au 4mat 18.8 g/t Au |
58m **103m ** |
| Super Zone (Previously Supergene ) |
8m at 10.4 g/t Au 9m at 8.37 g/t Au 9m at 3.43 g/t Au 2m at 43 g/t Au 5m at 4.99 g/t Au |
18m 17m 15m 38m **36m ** |
| Central Fault Zone Aruma Drilling |
9m at 4.22g/t Au 7m at 2.48g/t Au 11m at 2.32g/t Au 2m at 4.77g/t Au |
13m 23m surface 18m |
ASX: AAJ
www.arumaresources.com.au
Glandore Drilling Successful
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56 of 74 holes intersect anomalous Au
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8 holes intersect >1.0 g/t Au
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Significant drilling hits 11m @ 2.32g/t from surface and 2m at 4.77g/t from 18m
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Drilling identifies major corridor
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Targets open along strike and at depth
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Future drilling expected to develop resources in several locations
ASX: AAJ
www.arumaresources.com.au
Significant Intersections
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| Hole | Easting | Northing | From | Intercept | **Au g/t ** |
|---|---|---|---|---|---|
| AGR13 | 391404 | 6594996 | 37 | 1 | 1.04 |
| AGR14 | 391483 | 6594998 | 22 | 1 | 1.08 |
| AGR23 | 391647 | 6594358 | 77 | 1 | 1.07 |
| AGR28 | 391664 | 6594194 | 0 | 11 | 2.32 |
| AGR28 | 391664 | 6594194 | 13 | 2 | 1.01 |
| AGR28 | 391664 | 6594194 | 20 | 1 | 1.27 |
| AGR28 | 391664 | 6594194 | 33 | 3 | 1.56 |
| AGR28 | 391664 | 6594194 | 38 | 1 | 1.23 |
| AGR50 | 391639 | 6594200 | 15 | 1 | 1.07 |
| AGR60 | 391759 | 6593901 | 11 | 4 | 1.41 |
| AGR61 | 391742 | 6593775 | 31 | 5 | 1.42 |
| AGR69 | 391724 | 6594898 | 18 | 2 | 4.77 |
ASX: AAJ
www.arumaresources.com.au
Glandore Project Underexplored
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Undrilled area shaded pale blue
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Areas drilled by Aruma were gold soil anomalies
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Drilling confirms mineralised structure
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Anomalous Gold zones open all directions
ARUMA Hemisphere drilling success DRILLING in yellow Leaseholding extends to the South Majestic Structure
- Hemisphere drilling success in yellow
ASX: AAJ
www.arumaresources.com.au
Glandore Ready for Next Phase
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Northern Lease Area in Red
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Gravity Survey over shallow Lake cover in Yellow
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Majestic Structure Extension in Blue
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Compton Shears in Green
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- Intersections possible targets
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Drilling identifies major corridor along N-S Structure
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Follow Up Geochemistry and RAB on anomalies defined
ASX: AAJ
www.arumaresources.com.au
Regional Projects
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Kurnalpi South PoWs Submitted
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Gindalbie Granting imminent
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Laverton East PoW Submitted
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Jundee South PoW prepared Lease applied for to the North
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All Projects Strong Gold indicators
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Prospective alteration in Hyvista Mapping
ASX: AAJ
www.arumaresources.com.au
Additional Lease Areas Acquired
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60 km
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IPO Leases Post IPO Leases
New leases in a 60 km radius of Glandore
ASX: AAJ
www.arumaresources.com.au
Kurnalpi South Project
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Christmas Well, Pineapple Dam, Pinnacles South, Mt Quin and Steeple Hill
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100km east of Kalgoorlie - Boulder
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Prospects on the Structures around granites
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PoWs Submitted
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Heritage clearances in progress
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Large Projects north (Carosue) and south (Aldiss) indicate gold potential
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Strong Hyvista alteration effects
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Sulphur Rich area conducive to Gold
ASX: AAJ
www.arumaresources.com.au
Laverton East Project
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Leases under shallow cover
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Rock chips samples define mineralisation trend
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Hyvista maps goethite over Gold anomaly
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New lease applied for along strike
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PoW Submitted
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Site Clearance in Progress
ASX: AAJ
www.arumaresources.com.au
Jundee South Project
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Alluvial
Workings
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Lease flown for Hyvista mapping
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Lies between Jundee (3 M oz) and Gourdis (1 M oz) mines in covered country
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Gourdis Gold source is interpreted from the west
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Structural Disruption sites Identified
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Gold Mineralisation evident in
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Major structures
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Stratigraphic Thinning
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Termination of Stratigraphy
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ASX: AAJ
www.arumaresources.com.au
Aruma’s progress to date
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New leases negotiated and applied for at Glandore (15 km[2] )
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74 RC holes Completed at Glandore - 56 anomalous
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Eight holes >1g/t Au intersections
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New ELs at Laverton East, Kurnalpi South and Gindalbie
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All Granted Projects now mapped by Hyvista
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PoWs submitted for Laverton East, Pinnacles South, Mt Quin and Steeple Hill
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- Traditional Stakeholders sign agreements for Mining Leases
ASX: AAJ
www.arumaresources.com.au
Aruma’s Work Timeline
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2010
July 23 August September
October November
December
- AAJ listed on ASX – Glandore PoW approved – Joining Leases negotiated at Glandore – Northern Leases negotiated at Glandore – Hyvista Remote Sensing completed – First Phase drilling completed at Glandore – Drilling Results with 33/48 anomalous holes – 11m @ 2.32g/t Au from surface – Second Phase drilling completed at Glandore
2011
January
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Drill Results include 2m of 4.77g/t Au from 18m
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Hyvista Remote Sensing Interpretation
February
March
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Drilling results show >2km mineralised zone
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Deferred Production Agreements signed
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– Drilling results show 23 of 26 holes anomalous – PoWs submitted and Gravity survey underway
ASX: AAJ
www.arumaresources.com.au
Aruma’s Next Steps
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GLANDORE
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Follow up drilling in the extended north Supergene-Axial lease area
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Follow up drilling in the Central Fault Zone
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Gravity Survey then drilling over covered areas
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Initial drilling on the extension of the Majestic Structure
KURNALPI SOUTH
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PoWs applied for to drill Au anomalies at Steeple Hill, Pinnacles South and Mt Quin
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Investigating Ni prospect at Steeple Hill
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Initial data base assembled over new leases
LAVERTON EAST and JUNDEE SOUTH
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PoWs for RAB drilling over geochemistry and Hyvista anomalies
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Data base assembly for all leases
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Looking at additional tenements
GINDALBIE AND OTHER OPPORTUNITIES EVALUATED
ASX: AAJ
www.arumaresources.com.au
Company Summary
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Large prospective landholding in the proven Eastern Goldfields
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Strategically located adjacent to established gold producers
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Treasury at 31 December $3.7M– current programme fully funded
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Rapid progress:
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Drilling at Glandore hits thick Gold mineralisation from surface
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New Identified Gold Corridors
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IPO Tenements covered by Hyvista – latest exploration technology
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Strategic focus on resources to develop Glandore as regional gold production hub, with nearby satellites
ASX: AAJ
www.arumaresources.com.au
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ARUMA RESOURCES
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Thank you.
ASX: AAJ
www.arumaresources.com.au