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Golden Rim Resources Ltd ( (AU:AS1) ) has issued an update.
Asara Resources Limited has announced positive results from its Phase 1 Reverse Circulation drilling program at the Massan deposit within the Kada Gold Project in Guinea. The drilling has confirmed continuity and depth extension of mineralization, with significant gold intersections indicating robust potential for resource expansion. The results bolster geological confidence and suggest promising opportunities for further resource growth, impacting the company’s strategic positioning in the gold exploration industry.
More about Golden Rim Resources Ltd
Asara Resources Limited is a West African gold exploration company focused on the Kada Gold Project in Guinea. The company is engaged in mineral exploration, primarily targeting gold deposits, and aims to expand its resource base through strategic drilling programs.
Average Trading Volume: 1,810,442
Technical Sentiment Signal: Hold
Current Market Cap: A$126.7M
See more insights into AS1 stock on TipRanks’ Stock Analysis page.