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An announcement from Golden Rim Resources Ltd ( (AU:AS1) ) is now available.
Asara Resources Limited announced that it is aware of the recent revocation of over 120 exploration permits by Guinea’s Ministry of Mines and Geology. However, Asara has not received any formal communication regarding its permits for the Kada Gold Project, which are believed to remain intact. The company continues its exploration activities at Kada, with drilling having commenced, and is monitoring the situation closely to keep stakeholders informed.
More about Golden Rim Resources Ltd
Asara Resources Limited is an ASX-listed exploration company with a focus on advanced mineral projects in Guinea, West Africa, and Chile, South America. Its flagship project is the Kada Gold Project in Guinea, which has a significant mineral resource estimate. The company also holds the Paguanta Copper and Silver-Lead-Zinc Project in Chile and has a joint venture agreement for the Loreto Copper Project with Teck Resources.
Average Trading Volume: 880,926
Technical Sentiment Signal: Hold
Current Market Cap: A$57.26M
See more insights into AS1 stock on TipRanks’ Stock Analysis page.