Golden Rim Resources Ltd ( (AU:AS1) ) has provided an update.
Asara Resources Limited has finalized the sale of its non-core Kouri and Babonga gold projects in Burkina Faso to BIC West Africa Limited for US$2.2 million. The completion of this transaction allows Asara to focus on advancing its flagship Kada Gold Project in Guinea, enhancing its strategic positioning in the region and potentially increasing value for stakeholders.
More about Golden Rim Resources Ltd
Asara Resources Limited is an ASX-listed exploration company with a portfolio of advanced mineral projects in Guinea, West Africa, and Chile, South America. The company’s flagship project is the Kada Gold Project in Guinea, which is under-explored and holds significant potential for additional discoveries. Asara also manages the Paguanta Copper and Silver-Lead-Zinc Project in Chile and has a joint venture agreement with Teck Chile for the Loreto Copper Project.
YTD Price Performance: 125.00%
Average Trading Volume: 1,037,203
Technical Sentiment Signal: Sell
Current Market Cap: A$44.05M
For detailed information about AS1 stock, go to TipRanks’ Stock Analysis page.