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Asara Resources Advances Kada Gold Project with Successful Drilling and Funding

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Asara Resources Advances Kada Gold Project with Successful Drilling and Funding

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

Asara Resources Limited, a West African gold explorer, has completed a A$25 million placement to support its expanded exploration program at the Kada Gold Project in Guinea. The company reported significant progress in its Phase 1 drilling at the Massan Deposit, revealing high-grade continuity and new zones of deeper mineralization. Additionally, Asara has initiated a geochemical soil sampling program at Bamfele and continues to focus on regional greenfields exploration and defining new targets.

More about Golden Rim Resources Ltd

Average Trading Volume: 2,273,507

Technical Sentiment Signal: Buy

Current Market Cap: A$113.8M

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

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