High-Grade Gold Intercepts Extend Mineralisation at Pennyweight Point.

Arika Resources (ASX: ARI) has intersected multiple high-grade gold zones in its maiden diamond drilling campaign at the Pennyweight Point Prospect, part of the Yundamindra Gold JV Project in Western Australia. Two holes, 25YMD001 and 25YMD002, have extended mineralisation up to 150 metres down-plunge from previous drilling, confirming a continuous gold system over 350 metres of strike length. Notable results include 35.76m @ 2.14 g/t Au, with 13.46m @ 5.28 g/t Au and 6.13m @ 8.00 g/t Au (25YMD001), and 23.97m @ 2.54 g/t Au, including 5.38m @ 10.62 g/t Au and 4.34m @ 13.05 g/t Au (25YMD002). 

The drilling confirms significant primary gold mineralisation and opens up potential for further extensions along strike and at depth. Follow-up drilling is set to commence soon, targeting both known zones and newly identified gold-in-soil anomalies along the 10km Eastern Corridor.

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