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Golden Rim Resources Ltd ( (AU:AS1) ) just unveiled an update.
Asara Resources Limited has made significant progress in its exploration activities during the quarter ending June 30, 2025. The company commenced Phase 1 RC drilling at the Massan Deposit and completed the relogging of historical diamond core and RC chips. Additionally, Asara successfully concluded litigation in Chile, receiving US$100,000 from the Loreto Joint Venture and Option Agreement. The company has also shifted its focus back to regional greenfields exploration, identifying new targets and completing regolith mapping over a 48.7 km² area at the Kada license. These developments are expected to enhance Asara’s operational capabilities and strengthen its position in the gold exploration industry.
More about Golden Rim Resources Ltd
Asara Resources Limited is a West African gold exploration company focused on advancing its projects in the region. The company is primarily engaged in exploring and developing gold deposits, with a particular emphasis on the Kada Gold Project in Guinea.
Average Trading Volume: 912,316
Technical Sentiment Signal: Sell
Current Market Cap: A$59.46M
For an in-depth examination of AS1 stock, go to TipRanks’ Overview page.