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An update from Aruma Resources Limited ( (AU:AAJ) ) is now available.
Aruma Resources Limited has announced its maiden drilling program at the Fiery Creek Copper Project in the Mt Isa copper belt, northern Queensland. The program will focus on the Piper Prospect, targeting two induced polarisation conductors and a gravity feature identified from recent surveys. The drilling, initially planned for June, is now set to commence in July following the completion of heritage surveys and landowner consent. Additionally, the company has identified three new geochemical anomalies at the Salmon Gums Gold Project, with plans for follow-up drilling. This development underscores Aruma’s strategic focus on copper exploration and could enhance its positioning in the mining 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 involved in the exploration of copper, gold, antimony, and silver, with a significant focus on projects in Australia.
Average Trading Volume: 1,982,676
Technical Sentiment Signal: Sell
Current Market Cap: A$2.95M
For an in-depth examination of AAJ stock, go to TipRanks’ Overview page.