Market Alert : US-Iran reach peace deal: Is this a good sign for global markets?

Asara Resources Reports Strong Gold Intercepts at Kada Project

Asara Resources Limited (ASX: AS1) has announced encouraging drilling results from the Massan deposit within its flagship Kada Gold Project in Guinea, highlighting continued success in both resource conversion and expansion programs. Recent Phase 1 drilling delivered broad and high-grade gold intercepts, including 87 metres at 1.3 g/t gold, 22 metres at 2.8 g/t gold, and 13 metres at 4.6 g/t gold. The results reinforce the continuity of mineralisation within the core deposit and its northeast extension while also confirming previously untested mineralised zones. The company noted that evolving geological interpretations continue to identify additional mineralised structures beyond planned drilling sections.

The drilling strategy remains focused on upgrading existing Inferred Resources to Indicated status and expanding the broader resource footprint along a mineralised corridor extending approximately 3.5 kilometres. To support resource modelling and exploration targeting, Asara has engaged TECT Geological Consulting to enhance structural geological understanding. Since March 2025, the company has completed more than 50,000 metres of drilling, surpassing the drilling dataset used for the 2023 Mineral Resource Estimate. Ongoing drilling is expected to contribute to an updated Mineral Resource Estimate targeted for August 2026, supporting future growth at the Kada Gold Project.

 

 

Customer Notice:

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.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au