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The latest update is out from Asra Minerals Limited ( (AU:ASR) ).
Asra Minerals Limited has announced the acquisition of the remaining 49% interest in the Mt Cutmore prospects at the Mt Stirling Leonora North Project, achieving full ownership. This strategic move is expected to enhance Asra’s position in the Leonora gold district, a region known for its rich gold deposits and proximity to major mining operations. The acquisition is part of Asra’s broader strategy to consolidate its assets and streamline its portfolio, providing a clear pathway for focused exploration and value creation for shareholders.
More about Asra Minerals Limited
Asra Minerals Limited operates in the mining industry, focusing on gold exploration and development. The company is engaged in projects within the Eastern Goldfields of Western Australia, a region known for its significant orogenic gold deposits. Asra’s primary market focus includes strategic exploration and expansion within the Leonora gold district, which is proximal to major operating mines and infrastructure.
Current Market Cap: A$6.77M
Find detailed analytics on ASR stock on TipRanks’ Stock Analysis page.