Major Drilling Campaign underway at Kookynie
| Stock | ARI.ASX (ARI.ASX) |
|---|---|
| Release Time | 20 Jul 2026, 9:56 a.m. |
| Price Sensitive | Yes |
Arika Commences Major Drilling at Kookynie Gold Project
- RC drilling has begun at the Kookynie Gold Project in WA.
- Focus on Cosmopolitan, Altona, and Ithaca prospects.
- High-grade gold assays up to 109g/t Au from surface sampling.
- New target areas identified, many never drill-tested before.
- Drilling part of a +20,000m campaign across Kookynie and Yundamindra.
Arika Resources Limited has initiated Reverse Circulation (RC) drilling at its Kookynie Gold Project in Western Australia, part of a recently announced +20,000m drilling campaign. The drilling targets high-priority prospects including Cosmopolitan, Altona, and Ithaca, aiming to extend known mineralization and discover new areas. Surface sampling has already yielded high-grade gold results, with numerous samples returning grades over 1.0g/t Au, including 43 samples over 5.0g/t Au. The project, located in a historically significant gold-producing region, remains largely under-explored, presenting significant potential for growth. The current drilling program will refine the growing list of targets identified and is expected to provide strong news flow in the coming months.