Company Information for Zaruma Resources Inc

Company stock charts - 12 Month chart

TSX; ZMR

Company Statement

Zaruma Resources Inc. is a Canadian, Toronto Stock Exchange listed resource company engaged in the exploration and development of mineral properties, with a focus on copper and gold.

The Company owns 100% of the following advanced stage projects:

COPPER
Luz del Cobre Copper Project and San Antonio Copper Exploration (San Antonio, Sonora, Mexico):

Fast-tracking to copper production by developing the Luz del Cobre copper mine and continuation of copper exploration in the surrounding tenements.

GOLD
San Antonio (Sonora, Mexico):

Potential and ingredients for a major gold camp in a porphyry-driven IOCG (iron-oxide-gold-copper) system.

Alcaravan Heap Leach Gold Project (El Foco, Venezuela):

Heap leach gold project with considerable upside potential in a prospective greenstone belt setting.

Zaruma has a focused, near-term business plan with priority to develop the Luz del Cobre copper project to production and to increase existing copper resources and the resource potential through exploration.

It is the Company’s objective to obtain market recognition and growth in shareholder value through the development of mining projects and eventual cash flow from existing projects, and by adding to the current mineral resource inventory through exploration.

Zaruma has an experienced team of officers and project managers with a proven track record in the mineral resource industry, complemented by a Board of Directors of business professionals of high international standing.

The common shares of Zaruma are listed on The Toronto Stock Exchange, symbol: ZMR, and on the Frankfurt and other stock exchanges in Germany.

Company Diagram

Luz del Cobre project (Courtesy of Zaruma

Current Operations

It is the Company’s objective to obtain market recognition and growth in shareholder value through the development of mining projects and eventual cash flow from existing projects, and by adding to the current mineral resource inventory through exploration.

Currently, the avenue to accomplish this mission and the goals is based on three advanced stage projects (100% Zaruma) with near term production potential and considerable upside potential:

Luz del Cobre Copper (San Antonio, Mexico), First Priority:

Fast-tracking to copper production.
Project financing established
Project development has commenced

San Antonio Gold (Mexico)

Potential and ingredients for a major gold camp in a porphyry-driven IOCG (iron-oxide-gold-copper) system.

Alcaravan Gold Project (El Foco, Venezuela)

Heap leach gold project with considerable upside potential in a prospective greenstone belt setting.

Today, Zaruma has a total resource inventory of 400,000 ounces of contained gold and 102 million pounds of contained copper. However, the exploration potential on Zaruma's sizable land holdings is very significant, both for copper and gold.

Zaruma has a focused, near-term business plan to move the Luz del Cobre copper project to a production, and as a seconday, opportunistic approach, to conclude the feasibility study on the El Foco project and further along to boost existing resources and enhancing the resource potential through exploration.

Geographical Spread

San Antonio gold and copper exploration (Sonora, Mexico)
Luz del Cobre Copper Project (Sonora, Mexico)
El Foco gold (Bolivar State, Venezuela)

Board of Directors and Key Management

Dr. Thomas Utter - President & Chief Executive Officer

Frank van de Water - Chief Financial Officer

Dr. Richard Viljoen - Vice President, Exploration

Prof. Dr. Peter Lorange - Director

Michael Power - Director

David Kelly - Directors

Michael B. Richings - Director

Dr. Alfredo Bernasconi(Argentinian) - Project and Exploration Manager, Venezuela

Michael Carter - Project Manager, Mexico

James E. Poulter - Senior Exploration Geologist

Company Address

20 Toronto Street
Suite 1220
Toronto, Ontario, Canada M5C 2B8


Telephone:	+1 416 869 0772
Facsimile:	+1 416 367 3638
Email:	thomasutter[at]compuserve.com
Website:	http://www.zaruma.com

Additional Address/Key Contact

Registered Office:
c/o Macdonald & Company,
200 Financial Place, 204 Lambert Street,
Whitehorse, Yukon Territory Y1A 3T2, Canada

Capital

Number of Shares Outstanding 117,608,747

Annual General Meeting

Toronto, Canada

Year End

December 31st

Most Recent Statement

11/12/08 - Zaruma Resources reports on New Copper Discovery at Sapo-Carrizo and Updates Corporate Developments
18/11/08 - Zaruma Resources Updates Luz del Cobre Project
15/09/08 - Zaruma Resources Starts Drilling at Carrizo Ridge and Reports on Luz del Cobre
13/08/08 - Zaruma Resources reports on Second Quarter 2008
18/06/08 - Zaruma Resources Elects Directors
13/05/08 - Zaruma Resources: Adds more Copper Resources at Luz del Cobre and reports on First Quarter 2008 Results

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