Aruma Resources Limited (ASX: AAJ) is an ASX-listed minerals exploration company focused on the exploration and development of a portfolio of prospective gold and lithium projects strategically located in major, active Australian gold mineralised belts in Western Australia.
The Company is focused on discovery exploitable lithium and gold deposits to deliver value for shareholders, by using a research-driven ground acquisition and exploration approach across its project portfolio.
The Company’s research-driven project acquisition strategy has delivered an active portfolio of three prospective gold exploration projects, and one strategic lithium-tantalum project, all of which demonstrate the potential to host new discoveries.
The Mt Deans Lithium Project is located adjacent to rail and road infrastructure linking the Project to the lithium exporting port of Esperance. The Company’s gold projects are all strategically located in prime mining districts in WA; the Melrose and Saltwater Projects in the Pilbara region and the Salmon Gums Project in the Eastern Goldfields.
All the gold projects are near major gold discoveries on under-explored regional structures with demonstrated gold mineralisation.
Aruma is focused on the targeted and systematic exploration of its projects, with the aim of making significant new gold discoveries to deliver value for shareholders.
Aruma Resources Limited was listed on the Australian Securities Exchange in 2010, with a business model based on increasing shareholder value through the application of modern exploration techniques to identify, evaluate, explore and develop mineral resource projects.
Aruma has systematically acquired/pegged and explored numerous prospective tenement packages for different commodities and is currently focused on high-potential lithium and gold exploration projects. The Company also actively reviews new project opportunities to augment the asset portfolio.
Aruma’s project acquisition strategy ensures a steady flow of active projects and new opportunities – with non-core assets either joint-ventured, sold or relinquished. By virtue of its research-driven approach to exploration, a significant amount of exploration costs is recouped through R&D tax incentives.
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