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Aruma Resources Limited ( (AU:AAJ) ) has issued an update.
Aruma Resources Limited reported significant progress in its exploration activities for the quarter ending December 2024. At the Fiery Creek Copper Project in Queensland, a comprehensive geophysical survey and field sampling program identified drill-ready targets at the Piper Prospect, with plans to commence drilling following necessary approvals. Additionally, the company has advanced its Wilan IOCG-U Project in South Australia by identifying new targets and initiating stakeholder discussions for exploration access. These developments underscore Aruma’s commitment to advancing its exploration projects, which could enhance its position in the mining industry and potentially benefit stakeholders.
More about Aruma Resources Limited
Aruma Resources Limited is involved in the exploration of high-demand commodities such as copper, gold, lithium, and rare earth elements in world-class mineral belts across Australia. The company focuses on strategically located projects including the Fiery Creek Copper Project in Queensland and the Wilan IOCG-U Project in South Australia.
YTD Price Performance: -9.09%
Average Trading Volume: 388,412
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$2.22M
See more insights into AAJ stock on TipRanks’ Stock Analysis page.
