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Aruma begins maiden drilling at high-grade Tillex copper-silver project in Canada

Story Highlights
  • Aruma has started its first diamond drilling program at the Tillex copper-silver project in Ontario, targeting around 1,500 metres initially.
  • The campaign seeks to extend high-grade copper mineralisation in strike and depth, leveraging EM survey results to support a future Mineral Resource estimate.
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Aruma begins maiden drilling at high-grade Tillex copper-silver project in Canada

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Aruma Resources Limited ( (AU:AAJ) ) has issued an announcement.

Aruma Resources has launched its maiden diamond drilling campaign at the Tillex Copper-Silver Project in Ontario’s Timmins mining district, marking a key step in advancing this high-grade copper-sulphide asset. The initial program will comprise about 1,500 metres of drilling, with further phases to follow as the company moves to expand Tillex’s mineralised footprint along strike and at depth.

The current phase is designed to extend very wide, high-grade copper intersections previously defined over roughly 450 metres of strike, with the deepest planned hole reaching about 350 metres. Supported by recent electromagnetic survey work that suggests mineralisation continues to at least 400 metres depth and extends strike to around 600 metres, the campaign aims to underpin a significant Mineral Resource estimate and potentially elevate Aruma’s standing in the copper exploration sector.

More about Aruma Resources Limited

Aruma Resources Limited is an Australian-listed mineral exploration company focused on base and precious metals, with a growing presence in the world-class Timmins mining district in Ontario, Canada. The company is targeting high-grade copper-silver sulphide deposits, aiming to build a resource base that can enhance its position in the global battery and industrial metals supply chain.

Average Trading Volume: 7,919,625

Technical Sentiment Signal: Hold

Current Market Cap: A$11.69M

See more data about AAJ stock on TipRanks’ Stock Analysis page.

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