Aruma Resources Limited (AU:AAJ) has released an update.
Aruma Resources Limited reports a successful quarter with promising results from its maiden REE-focused drilling program at the Salmon Gums Project, which revealed multiple high-grade clay REE zones. In addition, the company has completed extensive drilling at the Carter Well Gold Project and maintained a sound financial position with a cash balance of $2.603 million. Plans for further drilling and testing are underway, indicating a proactive strategy in its gold and lithium exploration endeavors in Western Australia.
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