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Aruma Resources Limited ( (AU:AAJ) ) has shared an update.
Aruma Resources Limited has announced the results of its recent gravity survey at the Fiery Creek Project in Queensland, highlighting the identification of significant geophysical anomalies. These anomalies are consistent with previous findings from Induced Polarisation surveys and surface sampling results, indicating potential high-grade copper-silver and antimony mineralization. The company has identified drill-ready targets at the Piper Prospect and plans to commence a reverse circulation drilling program to further explore these promising areas. The survey results have also underscored the potential of the Eagle and Fiery Creek Prospects, enhancing the company’s confidence in the project’s mineralization prospects.
More about Aruma Resources Limited
Aruma Resources Limited is a company operating in the mining and exploration industry, focused on the discovery and development of mineral resources. Its primary focus is on copper, silver, and antimony mineralization projects, with a significant emphasis on the Fiery Creek Project in Queensland, Australia.
YTD Price Performance: -9.09%
Average Trading Volume: 362,922
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$2M
Learn more about AAJ stock on TipRanks’ Stock Analysis page.
