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An announcement from Metalicity Limited ( (AU:ARI) ) is now available.
Arika Resources Limited has announced significant progress in its Yundamindra Gold Project, with extensional drilling at the ‘Landed at Last’ site tripling the mineralized strike length to over 2.5 kilometers. The drilling has confirmed continuous gold mineralization, establishing a major new target area for ongoing exploration, and highlighting the project’s substantial scale and potential. The results reinforce the ‘Landed at Last’ site as a priority for further exploration, with drilling also continuing at Pennyweight Point to explore extensions of previously reported high-grade results.
More about Metalicity Limited
Arika Resources Limited is a company operating in the mining industry, focusing on gold exploration. The company is engaged in the Yundamindra Gold JV Project located in the Northeastern Goldfields mining district of Western Australia.
YTD Price Performance: 7.41%
Average Trading Volume: 2,766,172
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$26.08M
For a thorough assessment of ARI stock, go to TipRanks’ Stock Analysis page.