The latest announcement is out from Metalicity Limited ( (AU:ARI) ).
Arika Resources Limited announced significant results from its Phase 2 Reverse Circulation drilling at the Landed at Last Prospect, part of the Yundamindra Gold JV Project. The drilling extended the mineralized zone to a strike length of over 800 meters and a depth of at least 150 meters, revealing promising gold intercepts. This development positions Arika strategically within the highly mineralized Yellow Brick Road corridor, enhancing its exploration potential and offering promising implications for stakeholders as the company plans further drilling to explore new targets.
More about Metalicity Limited
Arika Resources Limited operates in the mining industry, focusing on gold exploration and development. The company is involved in the Yundamindra Gold JV Project located in the Eastern Goldfields mining district of Western Australia.
Average Trading Volume: 6,706
Technical Sentiment Signal: Strong Buy
Current Market Cap: €8.48M
Learn more about ARI stock on TipRanks’ Stock Analysis page.