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Asara Resources Advances Kada Gold Project with New Funding and Leadership

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The latest announcement is out from Golden Rim Resources Ltd ( (AU:AS1) ).

Asara Resources Limited has announced a $2.3 million placement to support its exploration program at the Kada Gold Project in Guinea. The company has appointed Matthew Sharples as the new CEO and has completed the sale of its Burkina Faso gold asset. Key activities during the quarter included detailed regolith mapping and the award of a drilling contract at Kada, indicating significant progress in their exploration efforts.

More about Golden Rim Resources Ltd

Asara Resources Limited is a West African gold exploration company primarily focused on the Kada Gold Project in Guinea. The company is involved in regolith mapping, re-logging of historical core samples, and planning drilling programs to enhance its mineral resource estimates.

YTD Price Performance: 150.0%

Average Trading Volume: 1,093,012

Technical Sentiment Signal: Hold

Current Market Cap: A$55.06M

See more data about AS1 stock on TipRanks’ Stock Analysis page.

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