Asara Resources Says Drilling At Guinea Deposit Confirms Continuation Of High-Grade Structural Corridor, Shares Jump 8%

MT Newswires Live

Feb 20

Asara Resources (ASX:AS1) said results from the drilling programs at the Massan deposit mineral resource estimate area at its Kada gold project in Guinea confirmed the continuation of a high-grade structural corridor, according to a Friday Australian bourse filing.

The phase two inferred extension program delivered a result of 54 meters at 2.3 grams-per-tonnes (g/t) grade of gold from 42 meters. Meanwhile, its phase one drilling program encountered an intercept of 37 meters at 1.0 g/t grade of gold from surface.

The phase two drilling supports the addition of further high-priority drillholes to the phase one indicated conversion program, targeting the potential conversion of high-grade extension for future consideration into indicated mineral resources.

Its shares jumped 8% in recent trading on Friday, reaching a four-year peak.

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Meanwhile, its phase one drilling program encountered an intercept of 37 meters at 1.0 g/t grade of gold from surface.</p><p>The phase two drilling supports the addition of further high-priority drillholes to the phase one indicated conversion program, targeting the potential conversion of high-grade extension for future consideration into indicated mineral resources.</p><p>Its shares jumped 8% in recent trading on Friday, reaching a four-year peak.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7141","symbol_name":"包装食品与肉类","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2612234649","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612234649","pubTimestamp":1771545043,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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