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Aruma Resources (AU:AAJ) — Company Overview, News & Financial Data

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Company profile

Aruma Resources

About

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Aruma Resources (ASX:AAJ) is an Australian mineral exploration company focused on gold and lithium projects in Western Australia. Aruma utilises a research-driven exploration approach, developing their own "Sediment Focussed Exploration Model" to identify potential mineral deposits. Currently, Aruma boasts a combined gold resource of 2.2 million ounces, with the potential for further expansion. The Mt Deans project holds the key to unlocking lithium potential, while the advanced Saltwater and Melrose gold projects inch closer to development.

Snapshot

Public AUOwnership
2010Year founded
4Employees
Perth, AustraliaHead office
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Global footprint

Operations

All Locations
Perth, AU

Products and/or services of Aruma Resources

  • Saltwater Gold Project: Located in the Pilbara, Saltwater is prospective for gold and recently identified potential for rare earth elements. Exploration activities are ongoing, with recent drilling results indicating extensions to known gold mineralization.
  • Melrose Gold Project: Also in the Pilbara, Melrose is prospective for gold. Exploration activities are focused on assessing the potential for open pit and underground mining.
  • Mt Deans Lithium Project: This project, also in the Pilbara, explores for lithium-bearing pegmatites. Aruma aims to define a resource with potential for battery-grade lithium production.
  • Carter Well Gold Project: Situated in the Murchison region, this project explores for gold mineralisation with historical drill intercepts indicating potential. Exploration activities are currently on hold.

Aruma Resources executive team

  • Mr. Grant FergusonMD & Director
  • Mr. Phillip James MacLeod ASA, B.Bus., CPA, M.A.I.C.D.Company Secretary