Asra Minerals Launches Drilling Program at Leonora South

Asra Minerals Limited ( (AU:ASR) ) just unveiled an announcement.

Asra Minerals Limited has commenced a 1,300-meter drilling program at its Leonora South Gold Project, targeting the down-dip extensions of the high-grade Orion and Sapphire deposits. This initiative aims to confirm the continuity of mineralization at depth and evaluate the potential for resource expansion. The program, which includes both Reverse Circulation and Diamond Tail drilling, is expected to take 3-4 weeks, with initial assay results anticipated within 6-8 weeks. The company has secured key drilling contractors and established a drill-for-equity agreement to optimize capital management. This exploration effort is part of Asra’s strategic plan to expand its resource base and enhance its market position in the gold mining sector.

More about Asra Minerals Limited

Asra Minerals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include gold, with a particular emphasis on projects in the Leonora region.

Current Market Cap: A$6.77M

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