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Asara Resources Limited (ASX: AS1) has awarded a drilling contract to Capital Drilling Guinea-SA, a subsidiary of Capital Limited (LSE: CAPD), for the Kada Gold Project in Guinea. The program includes 22,000m of Reverse Circulation drilling and 4,000m of Diamond Core Drilling, and it is expected to be completed by late 2025.
The drilling aims to enhance geological knowledge at the Massan and Bereko deposits, focusing on strike and dip extensions of the current Mineral Resource Estimate. The campaign, developed alongside Micon International, seeks to increase confidence in the existing Massan deposit and identify new mineralized zones. Asara has also engaged with local communities regarding infrastructure improvements, including building bridges to enhance year-round access. This collaboration benefits both exploration activities and community development.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.