Arika Discovers High-Grade Gold at Pennyweight Point

Nex Metals Explorations Ltd (AU:NME) has released an update.

Arika Resources Limited reports striking gold intersections at the Pennyweight Point prospect within the Yundamindra Gold Project, with results such as 30m at 2.36 g/t Au. These findings, which include additional high-grade intercepts over 20 meters, suggest a significant gold system that remains open at depth and along strike. With gold prices at record highs, the company is optimistic about the mining lease’s location and the scale potential of the project.

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