Asara Resources Identifies High-Grade Gold Mineralization at Guinea Project; Shares Down 4%

MT Newswires Live07-07

Asara Resources (ASX:AS1) said it identified high-grade gold mineralization during recent drilling at its Kada Gold Project in Guinea, West Africa, according to a Tuesday Australian bourse filing.

The results were of up to 40 meters at 0.9 grams per tonne gold, including 6 meters at 1.9 grams per tonne gold, from the latest assay results from 40 drill holes comprising 6,218 meters of reverse circulation (RC) and diamond drilling, completed as part of the phase 1 drilling program at the Massan deposit, the filing added.

The company said the next set of results from 21 drill holes totaling 2,036 meters from the phase 2 air core and RC drilling program at the Massan deposit are designed to test and increase the extents of the deposit and grow its inferred resource.

Results from areas with little to no previous drilling along the north-south mineralized corridor continue to demonstrate significant exploration upside, and the under-drilled nature of the Massan deposit beyond the current core mineralized area, it added.

The company's shares fell almost 4% in recent Tuesday trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2649051206?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-07 11:33","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2649051206","market":"hk","top_or_hot":-1,"title":"Asara Resources Identifies High-Grade Gold Mineralization at Guinea Project; Shares Down 4%","media":"MT Newswires Live","content":"<html><body><p> Asara Resources (ASX:AS1) said it identified high-grade gold mineralization during recent drilling at its Kada Gold Project in Guinea, West Africa, according to a Tuesday Australian bourse filing.</p><p>The results were of up to 40 meters at 0.9 grams per tonne gold, including 6 meters at 1.9 grams per tonne gold, from the latest assay results from 40 drill holes comprising 6,218 meters of reverse circulation (RC) and diamond drilling, completed as part of the phase 1 drilling program at the Massan deposit, the filing added.</p><p>The company said the next set of results from 21 drill holes totaling 2,036 meters from the phase 2 air core and RC drilling program at the Massan deposit are designed to test and increase the extents of the deposit and grow its inferred resource.</p><p>Results from areas with little to no previous drilling along the north-south mineralized corridor continue to demonstrate significant exploration upside, and the under-drilled nature of the Massan deposit beyond the current core mineralized area, it added.</p><p>The company's shares fell almost 4% in recent Tuesday trade.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Asara Resources Identifies High-Grade Gold Mineralization at Guinea Project; Shares Down 4%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAsara Resources Identifies High-Grade Gold Mineralization at Guinea Project; Shares Down 4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-07-07 11:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Asara Resources (ASX:AS1) said it identified high-grade gold mineralization during recent drilling at its Kada Gold Project in Guinea, West Africa, according to a Tuesday Australian bourse filing.</p><p>The results were of up to 40 meters at 0.9 grams per tonne gold, including 6 meters at 1.9 grams per tonne gold, from the latest assay results from 40 drill holes comprising 6,218 meters of reverse circulation (RC) and diamond drilling, completed as part of the phase 1 drilling program at the Massan deposit, the filing added.</p><p>The company said the next set of results from 21 drill holes totaling 2,036 meters from the phase 2 air core and RC drilling program at the Massan deposit are designed to test and increase the extents of the deposit and grow its inferred resource.</p><p>Results from areas with little to no previous drilling along the north-south mineralized corridor continue to demonstrate significant exploration upside, and the under-drilled nature of the Massan deposit beyond the current core mineralized area, it added.</p><p>The company's shares fell almost 4% in recent Tuesday trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4110","symbol_name":"抵押房地产投资信托","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2649051206","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2649051206","pubTimestamp":1783395229,"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. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Asara Resources  said it identified high-grade gold mineralization during recent drilling at its Kada Gold Project in Guinea, West Africa, according to a Tuesday Australian bourse filing.The results were of up to 40 meters at 0.9 grams per tonne gold, including 6 meters at 1.9 grams per tonne gold, from the latest assay results from 40 drill holes comprising 6,218 meters of reverse circulation  and diamond drilling, completed as part of the phase 1 drilling program at the Massan deposit, the filing added.The company said the next set of results from 21 drill holes totaling 2,036 meters from the phase 2 air core and RC drilling program at the Massan deposit are designed to test and increase the extents of the deposit and grow its inferred resource.Results from areas with little to no previous drilling along the north-south mineralized corridor continue to demonstrate significant exploration upside, and the under-drilled nature of the Massan deposit beyond the current core mineralized ar","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4110":"抵押房地产投资信托","BK7104":"黄金","RC":"Ready Capital Corp","BK7141":"包装食品与肉类","AS1.AU":"Asara Resources Limited"},"translate_title":"Asara Resources在几内亚项目中发现高品位金矿化；股价下跌4%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AS1.AU":1,"RC":1},"content_text":"Asara Resources (ASX:AS1) said it identified high-grade gold mineralization during recent drilling at its Kada Gold Project in Guinea, West Africa, according to a Tuesday Australian bourse filing.The results were of up to 40 meters at 0.9 grams per tonne gold, including 6 meters at 1.9 grams per tonne gold, from the latest assay results from 40 drill holes comprising 6,218 meters of reverse circulation (RC) and diamond drilling, completed as part of the phase 1 drilling program at the Massan deposit, the filing added.The company said the next set of results from 21 drill holes totaling 2,036 meters from the phase 2 air core and RC drilling program at the Massan deposit are designed to test and increase the extents of the deposit and grow its inferred resource.Results from areas with little to no previous drilling along the north-south mineralized corridor continue to demonstrate significant exploration upside, and the under-drilled nature of the Massan deposit beyond the current core mineralized area, it added.The company's shares fell almost 4% in recent Tuesday trade.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.45.2","shortVersion":"4.45.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2649051206","isCrawlerRequest":true}