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Nex Metals Explorations Ltd ( (AU:NME) ) has shared an update.
Arika Resources Limited, in collaboration with NEX Metals, is advancing its exploration efforts at the Yundamindra Gold Project located in Western Australia’s north-eastern goldfields. The company has identified four new high-priority gold targets at Pennyweight Point through high-resolution geophysical surveys, marking the first use of modern geophysical exploration methods in the area. These targets, which have not been previously drill tested, are situated within a structurally complex corridor known for significant gold deposits. The findings are expected to enhance Arika’s understanding of the local geological and structural architecture, aiding in the effective exploration of the project.
More about Nex Metals Explorations Ltd
Average Trading Volume: 155,587
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$9.39M
For a thorough assessment of NME stock, go to TipRanks’ Stock Analysis page.