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Asra Minerals Limited ( (AU:GA8) ) just unveiled an update.
GoldArc Resources Limited has announced the discovery of five main gold anomalies at its Leonora North Gold Project, with three new significant targets (S3, S4, and S5) that have never been drill-tested. The S4 anomaly, in particular, shows potential to be a larger and higher-grade system than the existing Mt Stirling deposit, indicating substantial untapped discovery potential. The company plans to conduct systematic follow-up exploration, including infill soils, rock chipping, and aircore drilling, to further explore these promising targets.
More about Asra Minerals Limited
GoldArc Resources Limited is a company operating in the mining industry, focusing on the exploration and development of gold deposits. Their primary market focus is on identifying and expanding gold resources, particularly in the Leonora North region.
YTD Price Performance: 128.57%
Average Trading Volume: 3,080,770
Technical Sentiment Signal: Sell
Current Market Cap: A$27.24M
For a thorough assessment of GA8 stock, go to TipRanks’ Stock Analysis page.