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Arika Resources Unveils 25+ New Gold Targets, Raises $3.2M to Accelerate Yundamindra Drilling

6:24pm on Sunday 1st of June, 2025 AEST Mining
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Arika Resources Unveils 25+ New Gold Targets, Raises $3.2M to Accelerate Yundamindra Drilling

6:24pm on Sunday 1st of June, 2025 AEST
Key Points
  • Completed 11 holes (~1,350m) of Phase 2 RC drilling at Pennyweight Point
  • Identified 25+ new high-priority gold targets across Yundamindra via advanced geophysical analysis
  • Raised $3.2 million to accelerate drilling and exploration activities
  • Phase 2 drilling recommenced in January focusing on Pennyweight Point, Landed at Last, and Queen of May prospects
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