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How Arika Resources’ $1.15M Zinc Sale Fuels Gold Exploration Ambitions
10:13am on Monday 20th of October, 2025 AEDT
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Mining
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How Arika Resources’ $1.15M Zinc Sale Fuels Gold Exploration Ambitions
10:13am on Monday 20th of October, 2025 AEDT
Key Points
Sale of Admiral Bay Zinc Project for $1.15 million cash plus $5 million deferred payment
Divestment aligns with strategic focus on Yundamindra and Kookynie gold projects
Over 16,000 metres of drilling underway at core gold assets
Proceeds to fund ongoing exploration and reduce expenditure commitments
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Arika Resources (ASX:ARI)
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