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Nex Metals Explorations Ltd ( (AU:NME) ) just unveiled an announcement.
Arika Resources Limited, operating in the gold exploration industry, has reported promising results from its ongoing drilling campaign at the Yundamindra Gold JV Project in Western Australia. The recent drilling has revealed significant gold mineralization in the Yellow Brick Road area, suggesting a large, multi-lode gold system. The company has completed 16,000 meters of drilling, with assays awaited for 48 holes. These findings indicate potential for resource development and further targeted exploration, enhancing Arika’s position in the Northeastern Goldfields mining district.
More about Nex Metals Explorations Ltd
Average Trading Volume: 152,888
Technical Sentiment Signal: Sell
Current Market Cap: A$7.04M
For a thorough assessment of NME stock, go to TipRanks’ Stock Analysis page.