ASX:AAJ

Corporate Profile

Aruma Resources Limited is an active and focused junior exploration company, currently concentrating on the exploration and development of four 100%-owned gold exploration projects – the Saltwater and Melrose Projects in the exciting Pilbara region of WA, the Scotia South Project in south-east WA and the Capital Project near Goulburn in NSW. The projects cover a total area of 1,572km2.

The Company utilises a 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 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