Aruma holds 100% owenship of four highly prospective gold exploration projects in major, active Australian gold provinces, in WA and NSW.

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Aruma’s Australian Gold Projects

SLATE GOLD PROJECT (100% AAJ)

The Saltwater Project comprises eight granted Exploration Licences (ELs) covering a total of 701km2. The Project is located approximately 100 kilometres south-west of the regional mining centre of Newman, in the Pilbara region of WA.

MELROSE GOLD PROJECT (100% AAJ)

The Melrose Project consists of nine Exploration Licence Applications (ELAs) and covers a total area of 282km2. It is located approximately 105km south of the mining town of Pannawonica on the border of the Ashburton and West Pilbara Mineral Fields.

SCOTIA SOUTH GOLD PROJECT (100% AAJ)

The Scotia South Project consists of one Exploration Licence Application (ELA63/2037) and covers an area of 217km2. It is located approximately 200 kilometres south of the major regional centre of Kalgoorlie, and approximately 60 kilometres south of the mining town of Norseman.

CAPITAL GOLD PROJECT (100% AAJ)

The Capital Project is located in the the Lachlan Fold Belt, near Goulburn, in NSW and comprises three approved Exploration Licence Applications (ELA5955, ELA5956 and ELA5987) totalling 372km2.

OTHER PROJECTS

The Company also holds the non-core Mount Deans Lithium Project (P63/2063) in the in the Mount Deans pegmatite field, approximately 13 km south of Norseman, in the Eastern Goldfields Terrane of the Yilgarn Craton.

The Mount Deans pegmatite field is Archaean in age and hosted in the north-south trending Dundas Hill greenstone belt. The pegmatite field covers an area of 6km north to south and 4 km in extension east to west, and comprises several dozens of individual pegmatite sheets and lenses.

Two phases of pegmatites are reported and the Type 2 in the north is considered later (deeper) and is suggested to be closer to a main cauldron or chamber that may host spodumene-rich material desirable for direct shipping.