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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
For an in-depth examination of NME stock, go to TipRanks’ Stock Analysis page.
