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Aruma Resources Limited ( (AU:AAJ) ) has shared an announcement.
Aruma Resources Limited has initiated its maiden drilling program at the Fiery Creek Copper Project, located in the Mt Isa copper belt. The program targets copper-silver-antimony mineralization at the Piper Prospect, aiming to discover new deposits through a systematic exploration approach. The drilling will test significant geophysical anomalies identified in recent surveys, which coincide with high-grade rock chip sampling results and historical drill data. The completion of this drilling phase is expected within the current month, potentially impacting the company’s exploration success and positioning in the mineral resources sector.
More about Aruma Resources Limited
Aruma Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in discovering and developing copper, silver, and antimony deposits, with a significant market focus on the Mt Isa copper belt in northern Queensland.
Average Trading Volume: 2,391,086
Technical Sentiment Signal: Sell
Current Market Cap: A$2.3M
For detailed information about AAJ stock, go to TipRanks’ Stock Analysis page.