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Arika Resources Strengthens Pennyweight Point with High-Grade Drilling and Full Project Control
10:18am on Wednesday 29th of April, 2026 AEST
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Mining
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Arika Resources Strengthens Pennyweight Point with High-Grade Drilling and Full Project Control
10:18am on Wednesday 29th of April, 2026 AEST
Key Points
Multiple thick, high-grade gold intercepts at Pennyweight Point
New 2026 drilling confirms mineralisation continuity over 350m strike
Binding agreement to acquire remaining 20% JV interest in key projects
Cash position steady at $4 million with $1.57 million spent on exploration
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Arika Resources (ASX:ARI)
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