AAJ.ASX: Quarterly Activities/Appendix 5B Cash Flow Report

Quarterly Activities/Appendix 5B Cash Flow Report

Stock	Aruma Resources Ltd (AAJ.ASX)
Release Time	29 Jul 2026, 9:31 a.m.
Price Sensitive	Yes

This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA. The summaries are generated by large language models so please interpret with care.

Aruma Resources Reports Positive Phase 1 Drilling Results at Tillex Project

Key Points

Multiple high-grade copper-silver intersections reported
Phase 1 drilling confirms potential for large-scale copper-silver system
Phase 2 drilling program has commenced
Corporate cash balance at quarter's end of $0.82 million

Full Summary

Aruma Resources Limited (ASX: AAJ) reports significant results from Phase 1 diamond drilling at the Tillex Copper-Silver Project in Ontario, Canada. The drilling delivered multiple wide, high-grade copper-silver intersections, including 89m @ 2.04% Cu and 12.31g/t Ag from 38.8m. The results validate the Tillex Project as a significant copper development asset. A downhole Electromagnetic (DHEM) survey confirmed the presence of a strong, continuous conductor extending along strike and at depth. Phase 2 drilling, comprising 3,600m, has commenced and is ongoing. Corporately, Aruma had a cash balance of $0.82 million at quarter's end.

Outlook

Aruma Resources is optimistic about the potential of the Tillex Project to become a significant copper-silver development asset, based on the positive results from Phase 1 drilling and the ongoing Phase 2 drilling program.