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Aruma Resources Limited ( (AU:AAJ) ) has provided an update.
Aruma Resources Limited has announced significant progress in its exploration activities for the quarter ending June 30, 2025. The company confirmed a maiden drilling program at the Fiery Creek Copper Project in Queensland, targeting key prospects with a 1,400m reverse circulation drill plan. Additionally, Aruma conducted a reconnaissance site visit at the Bortala Project and initiated an assessment of heavy mineral sands potential at the Wilan IOCG-U Project in South Australia. Plans for further exploration at the Saltwater Project in Western Australia were also unveiled, alongside the completion of a drilling program at the Salmon Gums Gold Project. The company successfully raised $900,000 to support these exploration endeavors, maintaining a strong cash position.
More about Aruma Resources Limited
Aruma Resources Limited is an exploration company focused on strategically located projects in high-demand commodities within world-class mineral belts in Australia. The company is engaged in exploring copper, gold, and heavy mineral sands, with key projects in Queensland, Western Australia, and South Australia.
Average Trading Volume: 2,391,086
Technical Sentiment Signal: Sell
Current Market Cap: A$2.62M
Learn more about AAJ stock on TipRanks’ Stock Analysis page.