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Asara Reaffirms Resource Base at Kada Gold Project in Guinea

Story Highlights
  • Asara Resources is advancing the Kada Gold Project in Guinea’s Siguiri Basin.
  • The company confirms its existing Kada Mineral Resource and exploration results remain materially unchanged.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Asara Reaffirms Resource Base at Kada Gold Project in Guinea

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

Asara Resources Limited has released a corporate presentation outlining the status and potential of its Kada Gold Project in Guinea’s Siguiri Basin, positioning the asset as a premier gold development opportunity. The company reconfirms that its previously reported Kada Mineral Resource Estimate and exploration results remain current, with no new data materially affecting the underlying assumptions or technical parameters, which provides continuity and clarity for stakeholders assessing the project’s progress and potential.

The most recent analyst rating on (AU:AS1) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Golden Rim Resources Ltd stock, see the AU:AS1 Stock Forecast page.

More about Golden Rim Resources Ltd

Asara Resources Limited is an Australia-based mineral exploration company focused on developing gold assets, most notably the Kada Gold Project in the Siguiri Basin in Guinea. The company operates within the gold mining and exploration industry, targeting the advancement of its projects through ongoing resource definition and exploration activities.

Average Trading Volume: 2,263,079

Technical Sentiment Signal: Buy

Current Market Cap: A$160.3M

For a thorough assessment of AS1 stock, go to TipRanks’ Stock Analysis page.

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