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Metalicity Limited ( (AU:ARI) ) has provided an announcement.
Arika Resources Limited has identified extensive gold-bearing quartz reef structures at the Banjo’s Camp prospect within its Yundamindra Gold Project in Western Australia. The discovery of these structures, which include high-grade rock chip results, adds significant potential for gold discovery, enhancing the project’s prospects. The systematic exploration and identification of these targets by Arika and its consultants, Core Geophysics, have expanded the pipeline of drill-ready opportunities. While drill testing is pending regulatory approvals, the company anticipates further assay results from other prospects in the coming weeks, indicating substantial growth potential for stakeholders.
More about Metalicity Limited
Arika Resources Limited is a company operating in the mining industry, focusing on gold exploration and development. The company is actively engaged in projects located in the eastern goldfields mining district of Western Australia, with a focus on identifying and developing gold-bearing structures.
Average Trading Volume: 6,706
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €12.73M
Find detailed analytics on ARI stock on TipRanks’ Stock Analysis page.
