Zaruma 200 % - 400 % Chance

 

and Resource Estimate

Update on the Luz del Cobre Copper Project

Toronto, Ontario June 16, 2009; Zaruma Resources Inc., (TSX-ZMR) is pleased to announce that a Technical Report on gold and copper projects located on the Company's wholly owned San Antonio property in Sonora, Mexico, in accordance with NI 43-101 reporting standards has been filed on SEDAR (www.sedar.com). The Technical Report provides a resource estimate and preliminary economic assessment on the Sapuchi Gold Project and updates the resource estimate on the Luz del Cobre Copper Project.
The Technical Report was completed by P&E Mining Consultants Inc., ("P&E"), Brampton, Ontario. Qualified Persons and Independent Consultants Eugene Puritch, P.Eng., Tracy Armstrong, P.Geo., and Malcolm Buck, P.Eng., authored the resource estimates and preliminary economic assessment. The operating plan and cost estimates for the Sapuchi Gold Project were reviewed and reported on by Rolly Nice, AusIMM, Independent Metallurgical Engineer, Sydney, Australia.

At Sapuchi, within an optimized open pit shell, an oxide leachable mineral resource of 98,400 ounces of contained gold was estimated applying a cut-off grade of 0.30 g/t and a 24 month trailing average gold price of US$805/oz. The resulting estimated tonnes and grade for potentially mineable areas are:

Sapuchi Oxide Gold Mineral Resources:                                                                                                  

Classification
Tonnes
Au (g/t)
Au (oz)

Indicated
2,220,000
1.04
74,300

Inferred
872,000
0.86
24,100




(1)     Mineral resources which are not mineral reserves do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues.

(2)     The quantity and grade of reported inferred resources in this estimation are uncertain in nature and there has been insufficient exploration to define these inferred resources as an indicated or measured mineral resource and it is uncertain if further exploration will result in upgrading them to an indicated or measured mineral resource category.

The mineral resources were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM Standards on Mineral Resources and Reserves, Definitions and Guidelines prepared by the CIM Standing Committee on Reserve Definitions and adopted by CIM Council December 11, 2005.

The preliminary economic assessment is based on a mining rate of 3,000 tonnes per day, an overall average strip ratio of 1.55:1 and an 80% gold recovery using heap leaching with cyanide. 79,000 ounces of gold are expected to be produced over a period of 3 years, yielding an accumulated net operating cash flow of US$28.8 million at a gold price of US$800/oz. Using existing equipment and facilities in place at the temporarily suspended Luz del Cobre copper project (Option A), and with an updated capital cost estimated of US$3.9 million, the gold leaching operation could be placed into production within about 4 months. With construction of a new leach pad and the purchasing of an additional crusher and conveyors (Option B) the capital cost is estimated at US$8.8 million.

The project investment and pre-tax returns for Option A provide a potential IRR of 223% and NPV’s of US$21.1million and US$18.0 million at 5 and 10 percent discount rates, respectively. The project investment and pre-tax returns for Option B provide a potential IRR of 89% and NPV’s of US$16.4 million and US$13.8 million at 5 and 10 percent discount rates, respectively. Based on the geological continuity and grade of the gold mineralized material, the authors of the Technical Report believe an excellent potential exists to place Sapuchi into production at the completion of a pre-feasibility or feasibility study that would include the results of ongoing metallurgical testing and updated capital and operating costs. The relative simplicity of this project's development plan affords an opportunity to fast track construction to take advantage of high gold prices, which would result in a robust operating profit margin.

Gold mineralization at Sapuchi occurs as a series of tabular bodies that have been delineated by drilling and sampling of old workings along a distance of approximately 300m in an east-west direction, approximately 150 m in a north-south direction, and to a depth of approximately 75m. The mineralization is open at three sides and unoxidized gold mineralization is present below the currently estimated leachable resource. Mineralization appears to be controlled by the intersection of northwesterly trending steep faults with a series of low angle faults within receptive breccia.

At Luz del Cobre a copper resource estimate update was completed on June 1, 2009 using a cut off grade of 0.29% Cu for oxide mineralization and 0.27% Cu for the mixed oxide-sulphide mineralization and a 36 month trailing average price of US$3.04/lb.  Prior to this update, the combined resource disclosures of May 13, 2008 and April 24, 2006 were in effect. The resource update of June 1, 2009 confirmed previous reporting and did not trigger any technical report filing requirements. No new drilling was undertaken on the Luz del Cobre Deposit since the filing of the press release on May 13, 2008. The current estimate is:



LUZ
MEASURED
INDICATED
MEASURED & INDICATED
INFERRED

DEL COBRE
Tonnes
Cu %
Cu lbs mil
Tonnes
Cu %
Cu lbs mil
Tonnes
Cu %
Cu lbs mil
Tonnes
Cu %
Cu lbs

mil

Oxide
387,000
0.89
7.6
521,000
0.71
8.2
908,000
0.79
15.7
33,000
0.62
0.5

Mixed
 1,654,000
1.40
51.0
2,000,000
0.96
42.3
3,654,000
1.16
93.4
156,000
0.61
2.1

Total
2,041,000
1.30
58.6
2,521,000
0.91
50.5
4,562,000
1.09
109.1
189,000
0.61
2.5

             


In the independent Technical Report completed in 2006 by M3 Engineering and Technology Corporation, ("M3"), Tucson, Arizona and P&E, Luz del Cobre was projected to produce 73 million pounds of copper over a life of mine of five and a half years. The current preliminary cash production costs estimated by the Company are US$1.15 per pound of copper.  With a copper price of US$2.20 per pound this results in a projected cash flow before taxes and interest for the mine life of $45 million after recovery of estimated US$37 million of capital cost.

Work on Luz del Cobre was suspended in October 2008, four months before the projected start-up of copper cathode production, as available funding was insufficient to complete the development and plant construction. All aspects of construction on the leach pad area and plant buildings were nearing completion on the date of suspension. Mining commenced during the third quarter, with 337,000 tonnes of overburden removed and 58,800 tonnes of ore mined and stockpiled.


Dr. Thomas Utter, President and CEO of Zaruma commented: “We are pleased that the Company has a potentially viable gold mineral resource at Sapuchi and we believe an excellent opportunity exists to place Sapuchi into production. Furthermore, the re-confirmation of the Luz del Cobre copper resource supports the reported feasibility of this asset which is validated by an increasing trend in copper prices. We are in discussion with a number of parties to obtain financing to put the Sapuchi Gold Project into production and to find a solution to the default situation of the existing debt financing for the Luz del Cobre project.”

This News Release contains forward-looking statements which are typically preceded by, followed by or including the words “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans” or similar expressions. Forward-looking statements are not guarantees of future performance as they involve risks, uncertainties and assumptions, including, but not limited to securing funding to continue its development programmes.

The filing of the Technical Report will remove Zaruma from the Default List and will be placed on the Refilings and Errors List at the Ontario Securities Commission.

Zaruma Resources Inc. is a pre-production mineral exploration company listed on The Toronto and Frankfurt Stock Exchanges (symbol: ZMR). Common shares currently outstanding: 117,608,747.

This News Release contains forward-looking statements which are typically preceded by, followed by or including the words “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans” or similar expressions. Forward-looking statements are not guarantees of future performance as they involve risks, uncertainties and assumptions, including securing additional funding to continue its development programs.

http://www.zaruma.com/

Meeting and TSX Listing review  

26.06.2009  


Toronto, Ontario. June 25, 2009. Zaruma Resources Inc., (TSX-ZMR, the “Company”) today reported that at the Company’s Annual Meeting of Shareholders on June 24, 2009, Messrs. Peter Lorange, Michael Power, Thomas Utter and Frank van de Water were re-elected as directors of the Company. Over 21% of the outstanding shares were represented in person or by proxy. At the meeting it was announced that the Company was actively discussing the financial involvement by different parties for the completion of construction of the Luz del Cobre Copper Project and the commencement of the Sapuchi Gold Project.

The Company also announced that it has been advised by Toronto Stock Exchange, (“TSX”), that after a hearing on the Company’s submission requesting a deferral of its delisting decision, TSX has determined to defer its decision until August 28, 2009. The continued listing on TSX is of considerable importance to those interested in the Company’s Mexican Projects and the Company expects to reach a satisfactory agreement on the required financial assistance and participation in the Projects in the coming months, which could resolve TSX’s concerns about the Company’s finances.

Since the March 26, 2009 decision by TSX to grant the first deferral, the Company completed its internal study on the Sapuchi Gold Project leading up to the Technical Report under NI 43-101 standards, (the “Report”), on the Company’s wholly owned San Antonio Property, Sonora, Mexico, which was filed on SEDAR on June 15, 2009. The Report provides an independent resource estimate and preliminary economic assessment on the Sapuchi Gold Project as well as an updated resource estimate on the Luz del Cobre Copper Project.

The Report was completed by P&E Mining Consultants Inc., ("P&E"), Brampton, Ontario. Qualified Persons and Independent Consultants Eugene Puritch, P.Eng., Tracy Armstrong, P.Geo., and Malcolm Buck, P.Eng., authored the resource estimates and preliminary economic assessment. The operating plan and cost estimates for the Sapuchi Gold Project were reviewed and reported on by Rolly Nice, AusIMM, Independent Metallurgical Engineer, Sydney, Australia. The Report confirmed the previously announced resources, both copper and gold, and the preliminary economic assessment of the Sapuchi Gold Project, estimated to produce 79,000 ounces in the first three years with a net operating cash flow of US$28.8 million, assuming a gold price of US$800. The mineralization is open at three ends.

Zaruma Resources Inc. is a pre-production stage company listed on The Toronto and Frankfurt Stock Exchanges (symbol: ZMR). Common shares currently outstanding: 117,608,747. This News Release contains forward-looking statements which are typically preceded by, followed by or including the words “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans” or similar expressions. Forward-looking statements are not guarantees of future performance as they involve risks, uncertainties and assumptions, including securing additional funding to continue its development programs.

http://www.zaruma.com/

TORONTO, Aug. 13 /CNW/ - Zaruma Resources Inc., (TSX-ZMR), today reported
that the Consolidated Financial Statements and Management's Discussion and
Analysis report for the three and six months ended June 30, 2009 will be
available on SEDAR and will be posted on the Company's website, www.zaruma.com
later today.
          §    As previously reported (June 16, 2009), the Company filed a Technical
Report on SEDAR (www.sedar.com), on its gold and copper projects on its San
Antonio property in Sonora, Mexico in accordance with NI 43-101 reporting
standards. The Technical Report provides a resource estimate and preliminary
economic assessment of the Sapuchi Gold Project and updates the resource
estimate on the Luz del Cobre Copper Project. The Technical Report was
completed by P&E Mining Consultants Inc., ("P&E"), Brampton, Ontario.
Qualified Persons and Independent Consultants Eugene Puritch, P.Eng., Tracy
Armstrong, P.Geo., and Malcolm Buck, P.Eng., authored the resource estimates
and preliminary economic assessment. The operating plan and cost estimates for
the Sapuchi Gold Project were reviewed and reported on by Rolly Nice, AusIMM,
Independent Metallurgical Engineer, Sydney, Australia.
          §    At Sapuchi, within an optimized open pit shell, an oxide leachable
mineral resource of 98,400 ounces of contained gold was estimated, applying a
cut-off grade of 0.30 g/t and a 24 month trailing average gold price of
US$805/oz. The resulting estimated tonnes and grade for potentially mineable
oxides are:

http://www.cnxmarketlink.com/en/releases/archive/...009/13/c4857.html

TORONTO, Aug. 31 /CNW/ - Zaruma Resources Inc., (TSX-ZMR), (the
"Company") today announced that it has been advised by the Toronto Stock
Exchange, ("TSX"), that TSX has determined that the Company's shares will be
delisted from the TSX on September 30, 2009.
          §    The listing was under review because the suspension of development of the
Luz del Cobre Copper Project was an event of default on the debt financing,
with the result that the entire amount of principal and interest became a
current liability. As the amount is approximately US$25 million, the Company
is not in compliance with the requirement to maintain a positive working
capital position. A formal demand for the repayment of the outstanding debt
has not been approved by the court in Mexico.
          §    The Company is currently actively discussing the financing of Luz del
Cobre with several interested parties, with the expectation that an agreement
can be reached on the terms and conditions in the near future.
          §    With the decrease in the projected cash cost of producing copper to
US$1.15 per pound, and the current market price in the range of US$2.85 to
$2.95, the Luz del Cobre Copper Project looks very attractive. The project
could be producing copper at a planned rate of 15 million pounds per year
within six months of completing new financing arrangements.
          §    The Company plans to apply for a listing on NEX, which is a separate
board of the TSX Venture Exchange in order that the Company's shares can be
listed for trading on NEX at the time the shares are delisted from the TSX. If
the Company resolves its working capital problem through a new financing, the
Company will qualify to move onto the TSX Venture Exchange from NEX.

          §    This News Release contains forward-looking statements which are typically
preceded by, followed by or including the words "believes", "expects",
"anticipates", "estimates", "intends", "plans" or similar expressions.
Forward-looking statements are not guarantees of future performance as they
involve risks, uncertainties and assumptions, including securing additional
funding to continue its development programs.

http://www.cnxmarketlink.com/en/releases/archive/...009/31/c8703.html

Hallo ich überlege bei Zaruma einzusteigen und auf mittel -langfristige sicht investiert zu bleiben .... sprich 1-3 jahre vllt. auch mehr ... was haltet ihr von dem titel? Kann das ding explodieren wird es so bleiben wie es ist oder wird es bald aus und vorbei sein ?

Vielleicht hat wer ein paar ansichten/meinungen/einschätzungen o.ä. für mich ?

 

Vielen Dank im Vorraus

 

Attention Business Editors
Zaruma Resources reports Private Placement

          §    TORONTO, Sept. 15 /CNW/ - Zaruma Resources Inc., (TSX-ZMR), (the
"Company") today announced that it has completed a private placement with a
director of the Company of Cdn.$100,000 in the form of a 10% unsecured
debenture with a term of one year and convertible at Cdn.$0.05 per share. The
proceeds will be used for working capital purposes and specifically to
safeguard the mining assets at San Antonio, Sonora, Mexico where the Company's
Luz de Cobre Copper Project and the Sapuchi Gold Project are located.
          §    The Company continues to discuss with interested parties the financing
required to put either of the Projects into production, but has not yet
reached the stage of negotiating terms and conditions of any proposed
financing.

          §    Zaruma Resources Inc. is a pre-production stage company listed on The
Toronto and Frankfurt Stock Exchanges (symbol: ZMR). Common shares currently
outstanding: 117,608,747.



http://www.cnxmarketlink.com/en/releases/archive/...009/15/c5443.html

aber wersich einige aktien zugelegt .... hmmm ein zeichen ?! 

 

 

 

Canada's Dynasty Metals & Mining says it has become the first modern mining company to pour gold doré in Ecuador after a new mining law was enacted earlier this year.

Author: Dorothy Kosich
Posted:  Tuesday , 29 Sep 2009

RENO, NV -  

http://www.mineweb.com/mineweb/view/mineweb/en/...89938&sn=Detail

Joachim Meisolle macht bezahlte Promotion für Zaruma...Er hat sich sogar in einem südamerikanischen Land, bin nicht ganz sicher, glaube aber in Bolivien, mit der Firmenleitung getroffen!!!

Deshalb Finger Weg!!!

http://www.tomsnetworking.de/content/aktuelles/...ws/122/6/index.html  

für otc-buden. Mit Promotion aber verdienet er ordentlich Geld. Er spielt auch mit viel Geld. Ich habe mit ihm ein paar mal gespielt...Wow, der spielt schnell, emotionslos und agressiv..nun ja mit viel Geld kann man vieles erreichen..:)  

2x 30k verkauft ... bei so nem preis .... ? weiß da wer was was wir nicht wissen ?
 

egal in welchem Pennystockforum man ist, dein Gelaber liest man überall. Als Hartz IV Empfänger hat man unendlich Zeit, um auf 1000 Foren gleichzeitig, wirklich interessierte Anleger zu nerven. Da du eh immer zu spät bist, nervt es dich, wenn andere den Gewinn einstreichen. Tja, dann würde ich mal in der Zeit, wo du deine uninteressierten Beiträge verfasst, bestimmte Aktien im Chart beobachten, so verdient man Geld, und nicht mit Zeitvergeuderei.  

Nello ist ein professioneller Zocker... und sonst nichts! Ansonsten steckt in Deinen Postings #135 und #136 sehr viel Unfug!

Er macht keine bezahlte Promotion... er hat ZMR gepusht wie ein Weltmeister und gezockt... mehr nicht!
Aktuell taucht er verstärkt wieder auf, allerdings offensichtlich mit einem Kursziel nach unten... Schau dir bid/ask-Stellungen in Frankfurt und CAN an und die Mini-Volumina, mit denen der Kurs nach unten gezogen wird und frage Dich, wer da wohl aktuell aktiv ist...

Die Firmenleitung in Südamerika getroffen zu haben, war eine Behauptung dieses Zockers... und sonst nichts! Er hat in Foren immer wieder überzeugend behauptet, Dr. Utter sehr gut zu kennen... Der Typ ist ein showman! Frag Dr. Utter und Du wirst erfahren, dass er diesen user überhaupt nicht kennt...

Du willst ein paar mal mit ihm "gespielt" haben?... "Respekt"... dann wirst Du wahrscheinlich kräftig verloren haben...

Aktuell scheint ZMR für ihn wieder interessant zu sein... Allerdings habe ich den Eindruck, er möchte den Kurs zunächst mal noch weiter runterbringen... Hier ist Vorsicht geboten, weil jeder noch investierte für sich verantworten muss, ob er sich nach dem Buchverlust jetzt auch noch von ihm rausdrängen lässt...  

Angesichts der wieder nachgebenden Rohstoffpreisen, insbesondere bei Kupfer, Zink und Nickel, präsentierten sich auch Minen- und Energiewerte schwach. Lonmin , Randgold und Kazakhmys sackten in London um 3 bis 4 Prozent ab.

http://moneycab.presscab.com/de/templates/?a=71115

http://www.rohstoff-welt.de/news/...kgang-bei-Kupfer-seit-Herbst-2008

http://www.marketwire.com/press-release/...Zaruma-TSX-DMM-1110718.htm

@ brunneta ... interessanter artikel.

 

Du bist aber auch wirklich in jeder aktie drin oder ? :D Cord Blood, Zaruma, Stem Cell, Freddie (?)

 

TORONTO, April 30 / PRNewswire / - Zaruma Resources Inc. (TSXV-ZMR.H), (die
"Company") has determined that it will be unable to file its audited "Gesellschaft") hat festgestellt, dass es nicht möglich sein, seinen geprüften Datei
consolidated financial statements for the fiscal year ended December 31, 2009 Konzernabschluss für das Geschäftsjahr zum 31. Dezember 2009
(the "Annual Financial Statements") by the end of the day today, April 30, ("Annual Financial Statements") bis zum Ende des Tages heute, 30. April
2010, which is the filing deadline provided in National Instrument 51-102 - 2010, die die Antragsfrist gemäß National Instrument 51-102 vorgesehen ist -
Continuous Disclosure Obligations. Fortlaufende Publizitätspflichten. The Company has insufficient funds Das Unternehmen verfügt über ausreichende Mittel
available to complete the audit of the Annual Financial Statements. zur Verfügung, die Prüfung des Jahresabschlusses abzuschließen. The Der
Company is a reporting issuer in Ontario, British Columbia and Alberta. Company ist ein Emittent in Ontario, British Columbia und Alberta. The Der
Company anticipates that, as a consequence of its failure to file the Annual Unternehmen erwartet, dass als Folge seiner Unfähigkeit zur Einreichung der jährlichen
Financial Statements within the required time period, cease trade orders Financial Statements innerhalb der vorgeschriebenen Frist, einzustellen Handel Bestellungen
prohibiting trading in the securities of the Company may be issued by the verbietet den Handel mit den Wertpapieren der Gesellschaft kann durch die ausgestellt werden,
securities commissions of those provinces. Securities Commissions dieser Provinzen.
          §    The Company is actively pursuing a refinancing of the Company which, if Das Unternehmen bemüht sich aktiv um eine Refinanzierung der Gesellschaft, die, wenn
completed, would enable the Company to resume the completion of construction abgeschlossen ist, würde es ermöglichen, das Unternehmen, den Abschluss der Bauarbeiten wieder aufgenommen
and commence operations at the Luz del Cobre Copper Project in Sonora, Mexico. und Betrieb aufnehmen im Luz del Cobre Kupfer-Projekt in Sonora, Mexiko.
A necessary element of any such refinancing would be sufficient funds to Ein notwendiges Element einer solchen Refinanzierung würden ausreichende Mittel zur
enable to the Company to complete and file the Annual Financial Statements. Lage zu versetzen, das Unternehmen zu vervollständigen und die Datei Jahresabschluss.
          §    Zaruma Resources Inc. is a pre-production stage company listed on the Zaruma Resources Inc. ist ein Vorproduktionsstadium Unternehmen auf den aufgeführten
TSX-V NEX Board (symbol ZMR.H) and the Frankfurt Stock Exchange (symbol: ZMR). TSX-V NEX Board (Symbol ZMR.H) und der Frankfurter Wertpapierbörse (Symbol: ZMR).
Common shares currently outstanding 117,608,747. Stammaktien aktuell ausstehenden 117.608.747.

http://translate.google.de/...mp;sl=en&tl=de&hl=&ie=UTF-8

BESTES.

http://www.cnxmarketlink.com/en/releases/archive/May2010/06/…  

Attention Business Editors

Zaruma Resources and Gravity Ltd. enter into Memorandum of Understanding on Financing of Luz del Cobre Copper Project
          §    TORONTO, May 6 /CNW/ - Zaruma Resources Inc. (TSXV-ZMR.H) (the "Company"
or "Zaruma") is pleased to report that it has entered into a non-binding
Memorandum of Understanding ("MOU") with Gravity Ltd. ("Gravity") regarding
the financing of the Luz del Cobre copper project located on Zaruma's
wholly-owned San Antonio property in Sonora, Mexico.
          §    Gravity represents the business and investment interests of Mr. Fran
Scola, and has recently financed Century Mining Corporation to bring the
Lamaque Gold Project in Val d'Or back into production. Mr. Scola is also
involved in major mining investments in Russia, South America, South East Asia
and Mongolia.
          §    The MOU stipulates that on completion of a satisfactory due diligence
review, the completion of definitive agreements, the securing of a US$20
million debt financing and reaching satisfactory settlement terms regarding
certain existing agreements with Glencore International AG and its
subsidiaries, Gravity may subscribe for US$20 million in units of Zaruma at a
price of C$0.05 per unit, with each such unit comprising one common share and
one warrant. Each such warrant would entitle the holder to acquire one common
share of Zaruma at C$0.10 per share for a period of one year. The proceeds
from the issuance of the units would be used for working capital purposes, to
fund payments to existing contractors and suppliers as well as the remaining
capital cost required to bring Luz del Cobre into production.
          §    In connection with the MOU, Gravity has entered into an agreement whereby
it may subscribe for up to C$500,000 of a 10% Senior Unsecured Convertible
Promissory Note (the "Note") in three separate advances. The Note will mature
one year from the date of issue and is convertible into common shares of the
Company at C$0.05 per share. As consideration for receiving the first advance
under the Note in the amount of C$260,000, the Company has issued 5,200,000
warrants to Gravity, each such warrant being exercisable to acquire one common
share of the Company at C$0.10 per share for a period of one year, subject to
adjustment in certain circumstances. The Company will use the proceeds from
the Note for working capital purposes.
          §    The proposed US$20 million financing of the Luz del Cobre copper project
will be submitted to Zaruma's shareholders for approval at its Annual Meeting
expected to be held at the end of June. On approval of the proposed financing
by the shareholders and the closing of the financing, the Company expects to
graduate its existing listing from the NEX board to the main board of the TSX
Venture Exchange.

          §    This News Release contains forward-looking statements which are typically
preceded by, followed by or including the words "believes", "expects",
"anticipates", "estimates", "intends", "plans" or similar expressions.
Forward-looking statements are not guarantees of future performance as they
involve risks, uncertainties and assumptions, including securing additional
funding.

          §    Zaruma Resources Inc. is a pre-production stage company listed on the NEX
board of the TSX Venture Exchange (symbol ZMR.H) and the Frankfurt Stock
Exchange (symbol: ZMR). Common shares outstanding: 117,608,747.

          §    Neither TSXVenture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.






-30-
          §    /For further information: Zaruma Resources Inc., 20 Toronto Street, 12th
Floor, Toronto, ON, M5C 2B8, Canada, Fax: (416) 367-3638, info@zaruma.com,
www.zaruma.com; Dr. Thomas Utter, President and CEO, Tel.: +1 521 662 210
5650, thomas.utter@gmx.net; Frank van de Water, CFO and Secretary, Tel.: (416)
869-0772, frank.vandewater@zaruma.com/  

Da habe ich zum richtigen Zeitpunkt noch aufgestockt.