Aruma holds 100% owenship of three highly prospective and active gold exploration projects in the Eastern Goldfields, just east of the major mining centre of Kalgoorlie.
The Beowulf Project is situated 70km north-east of Kalgoorlie, and comprises an area of more than 490km2 within the Kalgoorlie-Kurnalpi Terrain. Aruma Resources has identified previously unknown gold prospectivity within the project area, and it is a key exploration focus for the Company.
The Clinker Hill Project is located in close proximity to the Slate Dam Gold Project, approximately 40kms south east of Kalgoorlie and is directly accessible by sealed road. It covers an area of 21km2 and prospecting conducted in 2019 defined a new area of strongly anomalous gold.
The Company also holds the following non-core projects; the Goddards Dam Gold Project and the Kopai Gold Project. Also, a joint venture earn-in agreement has been completed with Southern Gold in respect of Aruma’s Glandore Gold Project, with Southern Gold assuming a 90% interest in the Project (and the leases being transferred) and Aruma taking a 1.25% net smelter royalty. Further information on these projects can be found in Aruma’s ASX announcements.