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Asra Minerals Reports High-Grade Gold Intercept at Leonora South Project

Story Highlights
  • Asra Minerals focuses on gold exploration at the Leonora South Gold Project in Western Australia.
  • A recent drilling program revealed a high-grade gold intercept, confirming potential for resource expansion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Asra Minerals Reports High-Grade Gold Intercept at Leonora South Project

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Asra Minerals Limited ( (AU:ASR) ) has shared an update.

Asra Minerals Limited has announced a significant high-grade gold intercept from their recent reverse circulation drilling program at the Eclipse Prospect, part of the Leonora South Gold Project. The standout result from drill hole NIC017 revealed 14 meters at 7.49 g/t gold from a shallow depth, confirming historic high-grade mineralization and indicating potential for further resource expansion. The company anticipates additional assay results from the remaining drill holes in early September, which could further impact their exploration strategy and market positioning.

More about Asra Minerals Limited

Asra Minerals Limited is a company operating in the mining industry, primarily focusing on gold exploration and development. Their operations are centered around the Leonora South Gold Project in Western Australia, with a market focus on expanding their gold resources through exploration activities.

Current Market Cap: A$8M

Learn more about ASR stock on TipRanks’ Stock Analysis page.

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