ASX:AAJ

Corporate Profile

Aruma Resources Limited is an active and focused junior exploration company, currently focused on the exploration and development of three 100%-owned gold exploration projects – the Saltwater and Melrose Projects in the exciting Pilbara region of WA, and the Salmon Gums Project in south-east WA. The projects cover a total area of 1,342km2.

The Company is also committed to the systematic exploration of the Mt Deans Lithium Project in the ‘lithium corridor’ of south-east WA.

Aruma utilises an in-house research driven exploration model which is aimed at the discovery of new high-grade, sediment-hosted gold deposits, led by an experienced board and management team.

Research Driven Exploration

Aruma has initiated and developed a new Sediment Focussed Exploration Model for the last decade and has been rewarded by R&D Tax Incentives of over $4.6m to date. This has allowed Aruma to be in the vanguard of exploration companies in land acquisitions and applications. In evaluating these projects Aruma uses up to date developments in exploration science to aid the Company with the pursuit of valuable deposits in WA.

Aruma has been successful in receiving Exploration Incentive Scheme funding for drilling at several projects and has sponsored research and drilling at the Salmon Gums Project to increase its knowledge base.

Research Driven Exploration Strategy

Aruma adopts a technical, research-driven approach to all its exploration activities, from planning, targeting to execution. The Company has developed, and utilises, an exploration model that generates its exploration targets, and has received Australian government R & D tax refunds totalling just over $4.6 million (since 2011).

Significant returns from R & D tax refunds