ASX:AAJ

Corporate Profile

Aruma Resources is an active and focused junior exploration company, focused on the exploration and development of three 100%-owned gold projects – the Slate Dam, Beowulf and Clinker Hill Gold Projects – covering a total ground-holding of approximately 765km2 in the highly prospective Kurnalpi terrane, in the Eastern Goldfields of Western Australia.

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

Research Driven Exploration

Aruma aims to use recent developments in exploration science to aid the company with the pursuit for gold deposits in the Goldfields, undercover.

Aruma was successful in receiving Exploration Incentive Scheme funding for a 1,200m deep diamond hole at the Glandore Gold Project. The drill hole intersected a thick repetitive sequence of mafic/felsic sediments which showed no major structural deformation, a potential host for gold mineralisation, with geochemical analysis revealing alteration and mineralisation.

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 under $4 million (since 2011).

Significant returns from R & D tax refunds