Aruma Initiates 1,500m Diamond Drilling at Tillex Project in Ontario
Aruma Resources has commenced diamond drilling at the Tillex copper-silver project, marking its first sub-surface exploration since acquisition in February 2026. This initial phase includes 1,500 meters of drilling aimed at extending known mineralization, potentially increasing the strike length from 450 to 600 meters.
Theia Market Signal Identification - AI Assisted
Aruma Resources (ASX:AAJ) has initiated diamond drilling at the Tillex project, targeting 1,500 meters in its first sub-surface exploration since acquiring the project in February 2026. The drilling program aims to test high-grade copper mineralization extensions identified by previous owners, with current estimates suggesting a strike length of up to 600 meters based on recent EM surveys.
Key objectives include drilling depths of up to 350 meters and further downhole electromagnetic surveys to identify additional conductors. The company has seen a 14.52% increase in shares year-to-date since the acquisition. Aruma’s financial commitment to Metals Creek Corp includes payments up to C$225,000 with additional deferred payments at set intervals.
Comments