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Metalicity Limited ( (AU:ARI) ) has provided an announcement.
Arika Resources Limited has commenced a targeted Diamond Drilling program at its Yundamindra Gold Project to gain detailed insights into the geological and structural controls of mineralization at the Pennyweight Point and Landed at Last Prospects. This initiative follows the completion of a Phase 2 expansional drilling program and impressive results from previous drilling campaigns. By understanding the mineralization controls, Arika aims to expand its exploration activities, potentially leading to a significant gold discovery, with pending assay results expected to further guide future drilling strategies.
More about Metalicity Limited
Arika Resources Limited is a mining company operating in the mining industry, primarily focused on gold exploration. The company is engaged in exploration activities at the Yundamindra Gold Project, located in the Laverton District of Western Australia, where it is investigating mineralization within a bimodal mafic/felsic volcanic sequence and intrusive granitic interaction.
Average Trading Volume: 6,706
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €12.71M
Find detailed analytics on ARI stock on TipRanks’ Stock Analysis page.
