The geologists can’t wait to get their boots on the ground, Aruma Resources (ASX:AAJ) Managing Director Glenn Grayson explains. Aruma recently acquired and completed due diligence over the Wilan IOCG-Uranium Project in the Olympic Dam precinct in South Australia, and the Fiery Creek and Bortala copper projects in the Mt Isa region of Queensland from NHM Holdings (Australia) Pty Ltd (NMHA).
The decision to acquire these projects will see Aruma explore for high-demand commodities in fertile grounds. Aruma Resources Managing Director Glenn Grayson said: “We are excited about the company-changing potential of this acquisition. In seeking to expand our asset portfolio we have assessed a number of projects against key criteria designed to drive market support for the company and value accretion for shareholders.
We see the combination of quality exploration asset portfolio in high-demand commodities, located in active tier-1 mineral belts in progressive mining jurisdictions as the clear right-fit for Aruma Resources.”
