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The latest announcement is out from Nex Metals Explorations Ltd ( (AU:NME) ).
Arika Resources Limited, operating in the mining sector, has announced significant findings from its recent diamond drilling campaign at the Pennyweight Point Prospect, part of the Yundamindra Gold JV Project in Western Australia. The drilling has confirmed high-grade gold mineralisation over a strike length of at least 350 meters and down to a depth of 150 meters, with the system remaining open for further exploration. These results highlight the potential for significant mineral deposits, providing momentum for Arika’s exploration efforts and positioning the Yundamindra Project as a promising growth opportunity.
More about Nex Metals Explorations Ltd
YTD Price Performance: -32.50%
Average Trading Volume: 118,112
Technical Sentiment Signal: Hold
Current Market Cap: A$8.84M
See more insights into NME stock on TipRanks’ Stock Analysis page.