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Asra Minerals Advances Leonora Gold Projects with New Drilling Campaign

Story Highlights

Asra Minerals Limited ( (AU:ASR) ) just unveiled an announcement.

Asra Minerals Limited has completed a comprehensive review and interpretation of geological and geophysical data at its Leonora Gold Projects, identifying 26 high-priority gold targets. With the Programme of Work approved, the company is set to commence a major drilling campaign in the second quarter of 2025, aiming to unlock the value of these underexplored structural corridors. Additionally, Asra has strengthened its financial position by completing the sale of the Tarmoola Pastoral Lease and securing $3 million through a placement to investors.

More about Asra Minerals Limited

Asra Minerals Limited is a company operating in the mineral exploration industry, focusing primarily on gold exploration. The company is actively engaged in identifying and developing gold targets within its Leonora Gold Projects, which are located in a significant prospective strike area.

Technical Sentiment Signal: Buy

Current Market Cap: €3.05M

Find detailed analytics on ASR stock on TipRanks’ Stock Analysis page.

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