Aruma Resources (ASX:AAJ) found high-grade gallium from ongoing rock and chip sampling programs at its Saltwater Project in Pilbara, Western Australia, according to a Monday filing with the Australian bourse.
Results from the Talmine prospect returned 16 samples graded higher than 24 grams per tonne of gallium oxide including 136.05g/t gallium oxide and 60.87 g/t gallium oxide.
Company shares were up 10% in recent trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.