Business news

    Aruma Resources (ASX:AAJ) further high-grade lithium-rubidium

    Article Image

    Aruma Resources (ASX:AAJ) has announced further high-grade lithium-rubidium intersections from its final batches of assays from its recently completed drilling program at the Mt Deans project in WA.

    The program drilled multiple lepidolite-bearing pegmatite outcrops and resampled various drilling intersections from Tantalum Australia Limited in 2022.

    Aruma Resources says the project, near Norseman in the lithium corridor of south-eastern Western Australia returned results from 19 holes, with high-grade lithium-rubidium at 12 intersections grading about 1.5% lithium-rubidium.

    Following the announcement, shares of Aruma Resources (ASX:AAJ) were up 28%.

    Disclaimer

    Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relates to your unique circumstances. Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on the information provided directly or indirectly by use of this platform.

    Publisher
    Grafa