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Arika Resources Limited (ASX:ARI)

ALERT: Price-sensitive ASX Announcement for ARI
Current share price for ARI : $0.029 0 (0%)+
Announcement
Release
12 Nov 2025 9:30AM
Price at Release
$0.029
Full Release
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Summary
Arika Resources Limited has expanded its exploration efforts at the Yundamindra Gold Project, located in the north-eastern goldfields district of Western Australia. Using high-resolution Total Magnetic Intensity (TMI) data, the company identified multiple new gold targets within the Yundamindra South area, which comprises nearly half of the total project area. Despite historical small-scale mining, this area has not undergone systematic modern exploration. Geophysical interpretation has highlighted significant geological and structural features, such as regional-scale shears and cross-cutting faults, that are crucial for targeting gold mineralisation. The company plans to conduct surface geochemical surveys and begin drilling in Q1 2026 after regulatory approvals. Arika has identified 20 targets for exploration, focusing on three models of mineralisation, which include shear zones within granites and structural intersections near granite-greenstone contacts.
Key Points
  • Expansion of exploration at Yundamindra Gold Project.
  • Identification of new gold targets using TMI data.
  • Yundamindra South area comprises almost 50% of the project.
  • Focus on geological and structural features for gold targeting.
  • 20 exploration targets identified for three mineralisation models.
  • Plans for surface geochemical surveys and drilling in Q1 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.