Arika Resources Unveils Promising Gold Discoveries at Yundamindra Project

Nex Metals Explorations Ltd ( (AU:NME) ) has issued an announcement.

Arika Resources Limited announced significant findings from its recent rock chip sampling at the Yundamindra Gold Project, identifying extensive gold-bearing quartz reef structures over 4.5 kilometers at Banjo’s Camp. These results highlight the potential for a substantial gold discovery, enhancing the project’s profile and offering promising new drill targets. The company plans to commence drill testing after receiving necessary regulatory approvals, marking Banjo’s Camp as a key area in its growing pipeline of exploration opportunities.

More about Nex Metals Explorations Ltd

Arika Resources Limited is a company operating in the mining industry, with a focus on gold exploration and development. Its primary project is the Yundamindra Gold Project located in the eastern goldfields mining district of Western Australia.

YTD Price Performance: -18.42%

Average Trading Volume: 108,220

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$9.82M

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