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Arya Resources Ltd ( (TSE:RBZ) ) just unveiled an announcement.
Arya Resources has launched a new drilling campaign at its Wedge Lake Gold Project in Saskatchewan, targeting the Twin Zone and T-6 Zone where previous holes returned high-grade gold intercepts and identified a bulk-tonnage gold target with silver credits. The program is aimed at defining the size, depth and continuity of gold and silver mineralization in two distinct geological settings—an orogenic/mesothermal system at T-6 and an iron formation–hosted system at Twin Zone that the company compares to major deposits such as Meadowbank, Lupin and Homestake—potentially enhancing Wedge Lake’s scale and strategic importance, while Arya also granted 750,000 stock options to officers and directors at $0.75 per share, aligning management incentives with the project’s exploration upside.
More about Arya Resources Ltd
Arya Resources Ltd. is a Canadian mineral exploration company focused on acquiring, exploring and developing precious and critical metal projects in Saskatchewan, including its flagship Wedge Lake Gold Project and the Dunlop Nickel-Copper-Cobalt Project, operating in mining-friendly jurisdictions with established infrastructure and listed as a Tier 2 issuer on the TSX Venture Exchange.
Average Trading Volume: 142,299
Technical Sentiment Signal: Buy
Current Market Cap: C$24.76M
See more data about RBZ stock on TipRanks’ Stock Analysis page.