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Metalicity Limited ( (AU:ARI) ) has issued an announcement.
Arika Resources Limited has announced a significant discovery of a new wide gold lode at the F0 Prospect, part of the Yundamindra Gold Project in Western Australia. This discovery, along with positive drilling results from nearby prospects such as Queen of Poland and Banjo’s Camp, underscores the potential for further mineralization in the area. The ongoing drilling campaign, which has already completed 12,000 meters, aims to explore and define the extent of gold occurrences across the project. The findings are expected to enhance Arika’s position in the gold mining sector and provide new opportunities for stakeholders.
More about Metalicity Limited
Arika Resources Limited is a company operating in the mining industry, primarily focused on gold exploration and development. Its projects are located in the Northeastern Goldfields mining district of Western Australia, a region known for its rich mineral deposits.
Average Trading Volume: 2,873,837
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$35.46M
For an in-depth examination of ARI stock, go to TipRanks’ Overview page.