Aruma Resources Limited (ASX:AAJ)

ALERT: Price-sensitive ASX Announcement for AAJ

Current share price for AAJ : $0.005 -0.004 (-41.18%)⁺

Announcement

Quarterly Activities/Appendix 5B Cash Flow Report

Release

29 Jul 2026 9:31AM

Price at Release

$0.009

Full Release

Summary

Aruma Resources Limited announced significant progress and results from its ongoing exploration activities during the quarter ending 30 June 2026. The company reported high-grade copper-silver intersections from Phase 1 drilling at the Tillex Copper-Silver Project in Ontario, Canada, and commenced a larger Phase 2 drilling program aimed at expanding the deposit. Aruma's cash balance was $0.82 million at the end of the quarter, with substantial cash inflows from financing activities offsetting operational and investment expenditures. The company is also assessing Heavy Mineral Sands targets at the Wilan Project in South Australia, with results pending.

Key Points

High-grade copper-silver intersections reported from Phase 1 drilling at Tillex Project.
Phase 2 diamond drilling commenced with 3,600m planned to extend copper-silver deposit.
Results from Phase 1 drilling confirm potential for a robust VMS system.
Aruma's cash balance at the end of June 2026 was $0.82 million.
Net cash used in operating activities for the quarter was $1.076 million.
Net cash used in investing activities was $697,000.
Net cash from financing activities was $3.122 million.
Assessment of Heavy Mineral Sands targets at Wilan Project is pending.
Drilling and exploration projects are ongoing in Canada and Australia.

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.