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Nex Metals Explorations Ltd ( (AU:NME) ) has shared an update.
Arika Resources Limited, in collaboration with Nex Metals, has commenced a major drilling program at the Yundamindra Gold Project in Western Australia. The project, which is 80% owned by Arika, aims to explore high-priority gold targets with an expanded 10,000-meter drilling plan. This initiative follows a successful capital raise and focuses initially on the Landed at Last and Pennyweight Point prospects, which have shown promising high-grade gold intercepts. The drilling program is expected to continue throughout the year, potentially enhancing Arika’s position in the gold exploration sector and providing consistent updates for stakeholders.
More about Nex Metals Explorations Ltd
Average Trading Volume: 133,517
Technical Sentiment Signal: Sell
Current Market Cap: A$8.35M
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