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Bulls N' Bears 24 Sep 2024

Aruma ignites Fiery Creek hunt for Queensland copper targets

Aruma Resources has kicked off ground gravity and induced-polarisation geophysical surveys at its Fiery Creek project near Mount Isa in Queensland to test areas of outcropping copper and identify drill targets. The detailed geophysics are part of Aruma's new mission to acquire data of sufficient quality and resolution to enable prospect-scale drill-targeting, which had not been possible with previous geophysical data over the area.

Bulls N' Bears 10 Sep 2024

Mt Isa copper-antimony hits send Aruma share price soaring

Significant copper-antimony assays from Aruma Resources' Fiery Creek project near Mount Isa in Queensland have sent the company's share price flying on the back of its biggest-ever intraday trading volumes. A surface sampling program at the project has revealed high-grade copper assays alongside significant grades of up to 1 per cent antimony, which is currently a hot commodity on the ASX.

Bulls N' Bears 07 Aug 2024

Copper-uranium grab doubles Aruma exploration portfolio

Aruma Resources has acquired three new projects featuring copper and uranium in South Australia and Queensland, adding to the company's three-project rare earths and lithium portfolio in Western Australia. The new projects include the Wilan iron oxide-copper-gold-uranium project on SA's Olympic Dam doorstep and the Queensland-based Fiery Creek copper play and Bortala copper operation that both sit within the State's Mt Isa region.

Bulls N' Bears 29 Jul 2024

Data mining turns up uber-grade copper for Aruma in QLD

Aruma Resources has identified high-grade surface sample assays grading up to 36 per cent copper in data acquired from previous explorers in the company's Fiery Creek copper project near Mt Isa in Queensland. The results come from surface rock chip sampling programs carried out across multiple prospects by previous explorers at Fiery Creek which include Sumitomo, Anglo American and MIM (now Glencore).

Bulls N' Bears 02 Jul 2024

Aruma embarks on copper-gold hunt in new Mt Isa ground

Aruma Resources has wasted little time in firming up confidence at its new Bortala project in the Mount Isa Copper Belt after an initial appraisal at the site confirmed some promising copper-gold targets. The acquisition revealed only in late May was part of what management described as potentially “company-changing” gains of two copper operations in Queensland and a highly-prospective IOCG and uranium play in SA.

Bulls N' Bears 27 May 2024

“Company-changing”: Aruma sets new multi-mineral path

Aruma Resources is heralding the potentially “company-changing” acquisition of two copper operations in Queensland and a highly-prospective iron oxide-copper-gold and uranium play in South Australia. As part of a share acquisition agreement with NHM Holdings, the company has picked up the Wilan project near Olympic Dam in SA, while also adding the Fiery Creek and Bortala copper operations near Mt Isa in Queensland.

Bulls N' Bears 06 Mar 2024

Aruma scales up rare earths grades at Salmon Gums

Aruma Resources appears to have landed a decent fish after nailing higher-grade rare earths drill hits and samples at its Salmon Gums project, about 200km south of the regional town of Kalgoorlie in Western Australia's Eastern Goldfields. The company says one surface sample produced the highest recorded rare earths grade to date in the emerging Esperance ionic clay region.

Bulls N' Bears 07 Feb 2024

Aruma out to expand Norseman gold, rare earths footprint

Aruma Resources is putting its shoulder to the wheel to expand the gold and rare earths footprint at its Salmon Gums project in Western Australia's Eastern Goldfields region after completing a 63-hole air-core drilling program. The campaign included 39 holes targeting rare earths, with the other 24 drillholes following up previous drilling to assess gold-bearing lodes at the company's Thistle gold discovery.

Bulls N' Bears 18 Dec 2023

Aruma sets new rare earths benchmark for Saltwater

Aruma Resources has produced its best rare earths grades to date from its Saltwater project near Newman in Western Australia, with rock-chip assays as high as 1777.5ppm total rare earth oxides (TREO) and soils as high as 1092.5ppm. The company says the area continues to reveal a major volcanogenic massive sulphide system hosting multi-commodity enrichment that will be tested by drilling next year.

Bulls N' Bears 28 Nov 2023

Aruma soil sampling unveils Pilbara gold potential

Aruma Resources has unveiled a swag of potential targets to follow up for gold and polymetallic mineralisation in the latest soil-sampling results from its Saltwater play in Western Australia's Pilbara region. Sampling across three prospects at the Saltwater project has reaffirmed its potential as being a multi-commodity play for gold and base metals.

Bulls N' Bears 21 Nov 2023

Salmon Gums bares gold teeth for Aruma

Aruma Resources says it has uncovered the presence of a high-grade gold-bearing structure in the latest phase of drilling at the company's Salmon Gums project in Western Australia's Eastern Goldfields region. Assay highlights returned a 5.9m intercept grading 10.5 grams per tonne gold from 38.4m, including 2.6m going 9.85g/t gold from 38.4m and 0.85m at an impressive 40.9g/t gold from 43.4m.

Bulls N' Bears 18 Oct 2023

Aruma takes deep dive into multi-commodity Saltwater play

Aruma Resources' deep dive into its Saltwater project in Western Australia's Pilbara region is tossing up a myriad of intriguing high-grade polymetallic targets from first-pass rock-chip sampling. The company's latest results have returned high-grade manganese peaking at 40 per cent, in addition to anomalous vanadium, uranium, iron, lead and zinc tipping into the melting pot of previously-reported anomalous copper, cobalt and rare earths.

Bulls N' Bears 04 Oct 2023

Salmon Gums throws up more mineralised veins for Aruma

Aruma Resources has completed the latest phase of drilling at its wholly-owned Salmon Gums gold project in Western Australia's Eastern Goldfields region, with an initial assessment of drill core showing mineralised quartz veins at the company's high-grade Thistle prospect. Assays from seven competed drilllholes have been sent for laboratory assessment and management is now eagerly awaiting the results.

Bulls N' Bears 11 Sep 2023

Aruma chases more high-grade gold at Salmon Gums

Aruma Resources is chasing more gold with a multi-hole diamond drilling program at its Salmon Gums project in Western Australia following previous campaigns where the company discovered bonanza grades of up to 224 grams per tonne of gold. The project is in the same stratigraphy and 30km south of Pantoro's Scotia project, which has a mineral resource of 1 million ounces of gold.

Bulls N' Bears 12 Jul 2023

Saltwater reveals rare earths, copper, cobalt for Aruma

Aruma Resources has kicked a goal at the start of its hunt for rare earths at its Saltwater project in Western Australia, with the discovery of significant rare earths mineralisation and cobalt-copper-enriched rocks. Results have reaffirmed the potential for the area to host unconformity heavy rare earths and highlighted the prospectivity for base metals deposits along an interpreted 80km strike length of prospective host rocks.

Bulls N' Bears 29 May 2023

Aruma hunting heavy rare earths in Pilbara

Aruma Resources is hunting for unconformity-related rare earths at its Saltwater project in WA's emerging Pilbara province. Fieldwork will consist of detailed mapping and extensive surface sampling through an 80km prospective strike, with work to start at a 15km-long priority radiometric target. Previous results of up to 11 per cent rare earths at the project will give Aruma confidence it could have the real deal.

Bulls N' Bears 26 May 2023

Aruma now hunting gold at Rose and Thistle

Aruma Resources has unearthed a new “Rose” prospect, not far from its Thistle target, following a reverse-circulation drill campaign at its Salmon Gums gold project in Western Australia's Eastern Goldfields region. The Rose target was highlighted on the back of positive results that include 1m at 2.3 grams per tonne gold from 27m. The new discovery sits between the company's Thistle and Iris prospects.

Bulls N' Bears 03 May 2023

Aruma gets good sighter on Mt Deans lithium potential

Aruma Resources has produced lithium concentrate from early metallurgical testwork at its Mt Deans project, 10km from Norseman in WA. Floatation has recovered 80 per cent of the lithium into 25 per cent of the mass with capture of tantalum, tin, potassium, rubidium and caesium giving the prospect of valuable additional by-products. Further testwork is to be undertaken with fresh outcropping pegmatite samples.

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