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Metalicity Limited ( (AU:ARI) ) has provided an announcement.
Arika Resources Limited has announced significant findings from its ongoing exploration at the Pennyweight Point prospect within the Yundamindra Gold JV Project. The latest drilling results have confirmed the continuity of high-grade gold mineralization at greater depths than previously recorded, with the potential for both open pit and underground mining opportunities. This discovery marks a major breakthrough for the company, enhancing its geological confidence and highlighting the potential scale of the mineralized system at Pennyweight Point.
More about Metalicity Limited
Arika Resources Limited is a company operating in the gold mining industry, focusing on exploration and development of gold projects. The company is involved in the Yundamindra Gold JV Project located in the Northeastern Goldfields mining district of Western Australia.
Average Trading Volume: 2,736,552
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$32.38M
See more insights into ARI stock on TipRanks’ Stock Analysis page.