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Asra Minerals Limited ( (AU:GA8) ) just unveiled an update.
GoldArc Resources Limited has announced significant findings from a review of historical underground channel sampling data at the Cosmopolitan Gold Mine. The data reveals substantial high-grade gold mineralization in previously mined areas, suggesting untapped potential and challenging previous assumptions about the deposit’s exhaustion. This discovery provides GoldArc with compelling targets for near-term drilling, aiming to define a JORC-compliant mineral resource and advance the project by targeting known high-grade zones with modern techniques.
More about Asra Minerals Limited
GoldArc Resources Limited is a company operating in the mining industry, focusing on gold exploration and extraction. The company is involved in the development of gold projects, with a particular emphasis on high-grade mineralization within its tenements.
YTD Price Performance: 133.33%
Average Trading Volume: 2,887,079
Technical Sentiment Signal: Sell
Current Market Cap: A$27.81M
Learn more about GA8 stock on TipRanks’ Stock Analysis page.