Asara Resources Awards Drilling Contract for Kada Gold Project

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Asara Resources Awards Drilling Contract for Kada Gold Project

Golden Rim Resources Ltd ( (AU:AS1) ) has provided an announcement.

Asara Resources Limited has awarded a drilling contract to Capital Drilling Guinea-SA for its Kada Gold Project in Guinea. The drilling program, which includes 22,000m of reverse circulation and 4,000m of diamond core drilling, aims to enhance geological understanding and explore mineral resource extensions at the Massan and Bereko deposits. This initiative marks a significant step in Asara’s exploration activities, potentially impacting its resource estimates and benefiting local communities through infrastructure development.

More about Golden Rim Resources Ltd

Asara Resources Limited is an ASX-listed exploration company with a diverse portfolio of advanced mineral projects located in Guinea and Burkina Faso, West Africa, and Chile, South America. The company’s flagship project is the Kada Gold Project in Guinea, which is under-explored and holds significant potential for additional oxide gold mineralization. Asara also has interests in the Kouri Gold Project in Burkina Faso and the Paguanta Copper and Silver-Lead-Zinc Project in Chile.

YTD Price Performance: 115.79%

Average Trading Volume: 1,016,037

Technical Sentiment Signal: Hold

Current Market Cap: A$45.15M

For detailed information about AS1 stock, go to TipRanks’ Stock Analysis page.

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