Arika Resources (ASX:ARI) said new step-out drill results have extended the gold mineralized zone at its Yundamindra gold project in Western Australia, to a strike length of over 800 meters and a depth of at least 150 meters down-dip from surface, according to a Tuesday Australian bourse filing.
The assay results include 28 meters at 1.40 grams per tonne grade of gold from 70 meters, including 12 meters at 3.01 g/t of gold from 79 meters and one meter at 24.12 g/t of gold from 87 meters.
Drilling is planned to resume shortly to follow up latest results and begin testing new targets, the filing added.
The company's shares were up 5% in recent Wednesday trade.
Price (AUD): $0.02, Change: $+0.0010, Percent Change: +4.55%
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。