tiprankstipranks
Advertisement
Advertisement

GoldArc completes diamond drilling to advance Leonora North mine studies

Story Highlights
  • GoldArc has finished a 328.9-metre, five-hole diamond drilling program at Leonora North.
  • New core data will refine mine planning, recovery assumptions and environmental design at the project.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GoldArc completes diamond drilling to advance Leonora North mine studies

Claim 55% Off TipRanks

The latest update is out from Asra Minerals Limited ( (AU:GA8) ).

GoldArc Resources has completed a 328.9-metre diamond drilling program comprising five holes at the Mt Stirling and Stirling Well areas of its Leonora North Gold Project in Western Australia, aimed at supporting mine development studies. The work is designed to generate metallurgical, mineralogical and geotechnical data to refine the mine plan, underpin assumptions on ore composition and recovery rates, assess pit wall stability and mining safety, and support waste-rock characterisation for environmental compliance and waste dump design, with the core now being logged, sent to Kalgoorlie for analysis and assays expected in March 2026, marking a key step toward potential project development.

The most recent analyst rating on (AU:GA8) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Asra Minerals Limited stock, see the AU:GA8 Stock Forecast page.

More about Asra Minerals Limited

GoldArc Resources Limited is an Australian gold exploration and development company listed on the ASX, focused on advancing its Leonora North Gold Project in the Eastern Goldfields of Western Australia, particularly the Mt Stirling and Stirling Well prospects.

Average Trading Volume: 1,684,752

Technical Sentiment Signal: Sell

Current Market Cap: A$41.22M

For an in-depth examination of GA8 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1