tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

GoldArc Resources Identifies New Gold Targets at Leonora North

Story Highlights
GoldArc Resources Identifies New Gold Targets at Leonora North

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

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