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Aruma Resources Limited (ASX:AAJ)

ALERT: Price-sensitive ASX Announcement for AAJ
Current share price for AAJ : $0.008 -0.006 (-42.86%)+
Announcement
Release
30 Apr 2026 8:17AM
Price at Release
$0.014
Full Release
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Summary
Aruma Resources Limited has reported on its activities and financials for the March 2026 quarter. The company has advanced its exploration projects, particularly the Tillex Copper-Silver Project in Ontario, Canada, where significant drilling and electromagnetic surveys have been conducted to define mineralisation. Aruma has also progressed with its Saltwater Project in Western Australia and the Wilan Project in South Australia, focusing on multi-commodity potential including copper, gold, and heavy mineral sands. The company has a cash reserve of AUD 1.896 million, estimated to cover 2.47 quarters of operations, maintaining a focus on exploration with recent acquisitions and field surveys.
Key Points
  • Aruma Resources completed the acquisition of the Tillex Project in Ontario, Canada.
  • Significant copper and silver intersections have been identified through drilling.
  • Electromagnetic surveys have extended the mineralized footprint at Tillex.
  • The Saltwater Project in WA showed potential for gold and polymetallic mineralization.
  • Wilan Project in SA confirmed assemblages of high-value heavy mineral sands.
  • Aruma holds a cash balance of AUD 1.896 million, with funding for approximately 2.47 quarters.
  • The company's focus remains on exploration and development of its projects in Australia and Canada.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.