Arika Strikes Bonanza Gold Grades at Yundamindra’s F1 Prospect

Exploration Breakthrough at F1 Prospect

Arika Resources Limited (ASX, ARI) has delivered a compelling update from its Yundamindra Gold Project in Western Australia, revealing bonanza-grade gold intercepts from its ongoing drilling campaign. The standout results come from the F1 Prospect within the Landed at Last area, where final single-metre re-splits of composite samples returned exceptional grades, including a remarkable 3 metres at 47.1 grams per tonne (g/t) gold and an extraordinary 1 metre intercept at 130 g/t gold. These findings underscore the prospect’s potential to host high-grade mineralisation at the structural junctions that characterise this prolific gold corridor.

Expanding the Mineralised Footprint

Beyond F1, step-out drilling at the nearby Great Bonaparte East Prospect, situated 600 metres south, has confirmed strike extensions and increasing mineralisation thickness and grade at depth. Notable intercepts include 26 metres at 1.19 g/t gold, with an 11-metre section grading 2.44 g/t and a high-grade 1 metre intercept at 21.95 g/t. These results suggest that Great Bonaparte East may represent a continuation of the mineralised system discovered at Landed at Last, broadening the scope of Arika’s exploration success along the ‘Yellow Brick Road’ structural corridor.

Strategic Drilling Campaign and Regional Context

The current drilling program, initiated after a successful $5 million capital raise in May 2025, aims to delineate the depth and strike extent of multiple gold occurrences across the Yundamindra Project. The campaign has already completed over 2,500 metres of Reverse Circulation drilling at F1 and Great Bonaparte East, with further drilling planned at other high-priority targets such as Banjo’s Camp, Queen of Poland, and Golden Treasure Deeps. The project lies within the Laverton Greenstone Belt, a world-class gold province hosting major mines like Sunrise Dam and Wallaby, positioning Arika’s discoveries in a highly prospective geological setting.

Geophysical Surveys and Future Exploration

Complementing the drilling efforts, Arika has conducted drone-supported aeromagnetic surveys and ground gravity assessments to refine target selection. These geophysical data are being analysed to guide systematic first-pass drilling of additional structures (F2, F3, F4) that intersect the Landed at Last lode. The company’s Managing Director, Justin Barton, highlighted the continuous nature of mineralisation over at least 800 metres of strike and 200 metres down-dip at Landed at Last, emphasizing that the system remains open and ripe for further expansion.

Outlook and Market Implications

Arika’s latest results not only validate the quality of the Yundamindra Gold Project’s mineralisation but also demonstrate the potential for significant resource growth. The combination of bonanza-grade intercepts and expanding strike extensions could materially enhance the project’s value proposition. As drilling progresses and geophysical interpretations mature, investors will be watching closely for updates that may pave the way toward resource estimation and eventual development decisions.