It includes the Landed at Last trend that sits on the Western Limb of the project towards the northern end of the ‘Yellow Brick Road’ – a highly mineralised >10km long structural corridor with numerous high-grade historical workings developed on multiple parallel and cross-cutting structures.
This corridor has received only limited shallow historical drilling around the areas of historical workings and remains largely untested below 50m vertical depth while the ore hosting structures between the old workings remain unexplored.
The F1-Fault is one of a series of second order linking structures which cross-cut the Landed at Last lode. Several similar parallel structures, the F2 and F3 Faults, remain untested despite each hosting a number of associated historical workings.
Recent assessment of surface geochemistry has identified numerous peak gold-in-soil anomalies well away from the historical workings and previous drilling – all of which are considered priority targets.
ARI’s most recent drilling consisted of a single diamond hole at the F1-Fault to test for depth extensions beyond the known limits of the near-surface mineralisation, confirm host rock lithologies, identify key structural controls, provide insights into geotechnical aspects for future mining studies, and identify potential multi-element alteration signatures.
Arika is currently processing diamond drill core from two holes completed at the Pennyweight Point prospect.
It is also incorporating results from its recent review of historical geochemistry at Yundamindra into its existing geophysical/structural targets.
An ultra-detailed drone supported aeromagnetic survey is scheduled to begin in the coming weeks over the southern half of Yundamindra to further refine target selection prior to restarting drilling in the coming weeks.
Over at the Kookynie project, ARI is carrying out a detailed review that has already identified a pipeline of multiple new, high-priority gold targets.
It also plans to carry out surface geochemical soil surveys at a number of key prospects in the coming weeks to prioritise targets for drilling during Q2 or Q3 2025.
