Arika Resources Identifies Compelling New Blind Gold Targets at Pennyweight Point, Yundamindra.

Arika Resources Limited (ASX: ARI) has uncovered four new high-priority bedrock gold targets at Pennyweight Point within its Yundamindra Gold Project in Western Australia. The discovery follows the first application of ultra-detailed, high-resolution airborne magnetic and ground gravity surveys at the site. These targets, located in the NE-trending Pennyweight Point structural corridor, exhibit geophysical, geochemical, and geological features similar to those linked with recent high-grade drilling intercepts, including 14m at 15.48g/t Au and 30m at 3.86g/t Au.

The analysis highlights a structurally complex environment of intrusives, volcanics, and granites with significant structural disruptions, conditions consistent with multi-million-ounce deposits like Granny Smith and King of the Hills. Importantly, these new targets remain untested by drilling. Upcoming Induced Polarisation (IP) surveys will refine target definition ahead of drilling, which is already underway across the Yundamindra Project. This work marks the first modern geophysical approach to unlocking the full scale potential of the project.

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