ARI 8.11% 4.0¢ arika resources limited

HIGHLIGHTS • Drilling approvals for Metalicity’s maiden drilling...

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    HIGHLIGHTS
    • Drilling approvals for Metalicity’s maiden drilling program at Yundamindra lodged for the first drill
    program in over 10 years at the Project
    • Drilling to target the highly prospective Western Line, including the Landed at Last prospect
    • Yundamindra has only ever had limited shallow drilling, to a maximum of 50-80m
    • The Landed at Last prospect has historically returned outstanding shallow, high grade results
    including1:
    o 11m @ 5.85 g/t Au from 40m in LW32
    o 10m @ 9.99 g/t Au from 10m in LW34
    o 9m @ 8.56 g/t Au from 36m in LW33
    o 6m @ 11.18 g/t Au from 41m in LN93
    o 2m @ 23.29 g/t Au from 30m in LN11.
    • Yundamindra located ~65km southeast of Leonora, within trucking distance of a number of mills
    • CSA Global currently undertaking a detailed review and compilation of historical drill hole data
    • Geophysical consultants reviewing available geophysical survey data to assist drill targeting and
    prioritisation, and generate new high grade gold targets
    • Prospects remain open at depth and along strike
    • Yundamindra is a key project for the Company due to its high grade, close to surface nature, having
    historically produced 74kt @ 19.3g/t Au for 45,000 ounces
 
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