Aruma Resources
Aruma Resources Limited has been listed on the Australian Stock Exchange for over 6 years and is an exploration and development company focussed on Australian resource projects. The overarching goal of the Company is to increase shareholder value through the application of modern exploration and advancement of its resource projects through to development. In addition, the Company actively reviews value accretive growth opportunities to augment the asset portfolio. ince listing ARUMA's tenement package has been turned over as diligent exploration requires. The project areas are now focussed on gold, and this focus is on the Kalgoorlie Terrain, a proven gold producing area. This new focus has allowed ARUMA to continue its exploration focus on gold in the Glandore area 40km east of Kalgoorlie. Following the Glandore joint venture with Southern Gold (ASX announcement on 6 April, 2016) the area has continued to yield interesting exploration targets at Goddards Dam and Clinker Hill. Subsequent to this over 142km2 of new area at Slate and Mulga Dam has been applied for which are contiguous to the north and east of the Glandore Projects. A third area further to the east at Gundockerta Hill has also been applied for but is under a ballot requirement with another explorer.