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Asra Minerals Limited ( (AU:GA8) ) has issued an update.
GoldArc Resources Ltd has commenced an extensive reverse circulation drilling program at its Leonora South Gold Project, targeting high-priority prospects including the Eclipse Prospect. The program aims to extend high-grade mineralization and explore underexplored prospects for new gold discoveries. This initiative is part of GoldArc’s strategy to establish a maiden JORC Mineral Resource Estimate at Eclipse and to expand its exploration pipeline, potentially impacting the company’s market position and offering significant opportunities for stakeholders.
More about Asra Minerals Limited
GoldArc Resources Ltd is a company operating in the mining industry, focusing on gold exploration and development. The company is primarily engaged in identifying and developing gold prospects, with a significant focus on the Leonora South Gold Project near Kookynie, Western Australia.
YTD Price Performance: 138.10%
Average Trading Volume: 2,957,075
Technical Sentiment Signal: Sell
Current Market Cap: A$28.38M
See more insights into GA8 stock on TipRanks’ Stock Analysis page.