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Asara Resources Resolves Legal Dispute Over Loreto Project

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

Asara Resources Limited has successfully settled a legal dispute with its joint venture partner, Costa Rica Dos SpA, regarding the Loreto Copper Project in Chile. The settlement involves the creation of a new holding company for the Loreto Project and a mutual agreement to withdraw the lawsuit, paving the way for continued collaboration with Teck Resources Chile Limitada under an existing joint venture agreement.

More about Golden Rim Resources Ltd

Asara Resources Limited is a mining company involved in the exploration and development of mineral projects. The company focuses on copper, silver, lead, and zinc through its Paguanta Project in northern Chile and is also involved in gold exploration with its Kada Gold Project in Guinea.

Average Trading Volume: 992,709

Technical Sentiment Signal: Hold

Current Market Cap: A$50.65M

For an in-depth examination of AS1 stock, go to TipRanks’ Stock Analysis page.

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