The latest update is out from Metalicity Limited ( (AU:ARI) ).
Arika Resources Limited has announced promising preliminary assay results from its maiden Reverse Circulation drilling program at the Queen of the May Prospect within the Yundamindra Gold Project. The results revealed significant shallow zones of gold mineralization, indicating strong growth potential. The company plans to continue drilling to explore further extensions and new targets, which could enhance its positioning in the gold mining sector.
More about Metalicity Limited
Arika Resources Limited operates in the mining industry, focusing on gold exploration and development. The company is engaged in the Yundamindra Gold JV Project, located in the Eastern Goldfields mining district of Western Australia, which is known for its rich mineral deposits.
Average Trading Volume: 6,706
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €8.79M
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