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An update from Metalicity Limited ( (AU:ARI) ) is now available.
Arika Resources has reported multiple thick, shallow gold intercepts from recent reverse circulation drilling across the Western Corridor of its Yundamindra Gold Project in Western Australia. The results confirm continuous shallow mineralisation over a 2.5km strike from Queen of Poland to Golden Treasure Deeps, with structures remaining open and under-explored along a broader 10km prospective trend.
The latest drilling, comprising 100 RC holes over nearly 15,000m since January, has also identified new parallel and cross-cutting mineralised structures that warrant follow-up work. In parallel, Arika is undertaking metallurgical testing using Bottle Roll LeachWELL analysis and plans to resume drilling in June 2026, supporting its strategy to rapidly advance Yundamindra towards a maiden Mineral Resource estimate and potentially expand its resource base.
More about Metalicity Limited
Arika Resources Limited is an Australian gold exploration company focused on advancing its Yundamindra Gold Project in Western Australia’s Northeastern Goldfields. The company holds an 80% stake, with an agreement in place to move to full ownership, and is targeting shallow, structurally hosted gold mineralisation across multiple corridors within this historic gold district.
YTD Price Performance: -3.03%
Average Trading Volume: 3,556,490
Technical Sentiment Signal: Sell
Current Market Cap: A$36.63M
Find detailed analytics on ARI stock on TipRanks’ Stock Analysis page.