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An announcement from Asra Minerals Limited ( (AU:GA8) ) is now available.
GoldArc Resources Limited has announced the identification of high-priority gold anomalies at its Jessop’s Creek, Whistler, and Woodpecker-South prospects, with values reaching up to 89ppb Au. The company is set to commence a 4,000m aircore drilling program in December to test these anomalies and existing targets. Additionally, GoldArc has applied for four new exploration licenses, expanding its Leonora South Gold Project by 80.6km², which will enhance its exploration capabilities and strengthen its position in the gold mining sector. The results from the recent soil sampling and the upcoming drilling programs are expected to significantly impact the company’s exploration progress and stakeholder value.
The most recent analyst rating on (AU:GA8) stock is a Hold with a A$0.06 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 a company operating in the mining industry, focusing on gold exploration projects. The company is involved in identifying and developing gold anomalies and prospects, primarily in the Leonora South region of Western Australia.
YTD Price Performance: 228.57%
Average Trading Volume: 2,501,186
Technical Sentiment Signal: Hold
Current Market Cap: A$39.16M
Find detailed analytics on GA8 stock on TipRanks’ Stock Analysis page.