Arika Resources Identifies Potential of High-Grade Mineralization at Western Australia Gold Project, Shares Rise 7%

MT Newswires Live

2025/02/06

Arika Resources (ASX:ARI) said results from a surface rock chip sampling program at its Yundamindra gold project in Western Australia showed potential for high-grade mineralization, according to a Thursday Australian bourse filing.

The program was designed as a first-pass assessment of new areas highlighted from structural targeting and it returned high-grade rock chip samples of up to 19.3 grams-per-tonne grade of gold.

The firm's shares rose past 7% in recent trading on Thursday.

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