Asara Resources Limited

Drilling contract awarded for drilling at Kada

Asara Resources Limited (ASX: AS1; Asara or Company) is pleased to announce that it has awarded the drilling contract for the upcoming drilling program at the Kada Gold Project in Guinea (Kada) to Capital Drilling Guinea-SA, a subsidiary of Capital Limited (LSE: CAPD) (Capital).


HIGHLIGHTS

  • Contract awarded for up to 22,000m of Reverse Circulation and 4,000m of Diamond Core Drilling, planned to be completed before the end of 2025.
  • Drill program aiming to increase geological knowledge at Massan and Bereko and to explore strike and dip extensions of the current Mineral Resource Estimate.

CEO, Matthew Sharples commented:

“We are excited to award this drilling contract to Capital. Capital is a leading provider of drilling services with significant experience both in Guinea and at the Kada Project. This marks a significant milestone in our ramping up of exploration activity at Kada. The drill program has been designed to increase geological knowledge of the Massan deposit as well as explore the strike and dip extensions of both the current Massan and Bereko Mineral Resources.”

KADA GOLD PROJECT

Exploration Activities

Preparation for the 2025 drilling campaign has commenced with drill planning being completed in conjunction with Micon International, a leading UK-based mining consultancy. It is envisaged that the drilling campaign will be comprised of approximately 22,000m of reverse circulation drilling and 4,000m of diamond core drilling. The campaign has been designed to meet two distinct objectives: to infill the existing drilling at Massan, increase geological confidence, and explore down-dip and along- strike extensions to the known mineralized structures.

Consultation with local communities was undertaken during the drill planning phase regarding the proposed bridging of two minor waterways to allow year-round access throughout the permits that comprise the Kada project. The construction of these bridges will benefit the local communities as well as the Company, and the Company was pleased to be able to collaborate with the local community on this project.

The Company looks forwarding to updating shareholders as exploration activities progress at Kada.


Click here for the full ASX Release

This article includes content from Asara Resources Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

Asara Resources

Asara Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Asara Resources

Asara Resources

Asara Resources

Asara Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Advancing the next West African gold camp from the heart of Guinea’s prolific Siguiri Basin

Golden Deeps

Spectacular Copper, Silver 81 Germanium Results Continue at Graceland Critical Metals Prospect, Namibia

42.7% copper, 1,353 g/t silver and 201 g/t germanium in Gossan 1 East Channel Sampling

Golden Deeps Ltd (“Golden Deeps” or “the Company”) (ASX: GED) is pleased to announce further, spectacular copper, silver, zinc and germanium channel sampling results and exceptionally high-grade copper-silver channel sampling intersections from the Company's Graceland Prospect' in the... Keep Reading...
Nine Mile Metals

Nine Mile Metals Closes Oversubscribed Non Flow Through Private Placement

NINE MILE METALS LTD (CSE: NINE) (OTCQB: VMSXF) (FSE: KQ9) (the "Company" or "Nine Mile") has closed the oversubscribed non-flow-through private placement financing. The company issued 12,142,174 units at a price of 1.5 cents per unit for proceeds of $182,132. The company's flow-through private... Keep Reading...
Yellow hard hat surrounded by Australian flags.

Australia’s Mining and Energy Sector Set to Add 22,000 Jobs by 2030

The Australian Resources and Energy Employer Association (AREEA) has released its 2025 to 2030 Resources and Energy Workforce Forecast, projecting a surge in sector employment as nearly 100 mining and energy developments move ahead.According to the report, 96 projects are “likely to proceed,”... Keep Reading...
Canadian flag waving near Parliament clock tower against a clear blue sky.

Canada's Place in Global Mining: Why it's a Top Jurisdiction for Investors and Companies

For resource investors, geological potential is only one piece of the puzzle. Whether it’s gold, silver, copper, nickel, uranium or any other commodity, the long-term success of a mining project is heavily dependent on jurisdiction. Mining is a capital-intensive, multi-year undertaking, and an... Keep Reading...
Australian flag pinned on a map of Australia.

Australia as a Mining Jurisdiction: Assessing Risk in an Evolving Landscape

Australia has long been recognised as a stable and reliable jurisdiction for mining, a reputation built on its rich history in the sector. However, the industry is now coming to a crossroads. The country's mining sector is facing a shifting regulatory landscape as it contends with trade... Keep Reading...
LKY Doubles Landholding Abutting MP Materials in Mojave Hub

LKY Doubles Landholding Abutting MP Materials in Mojave Hub

Locksley Resources (LKY:AU) has announced LKY Doubles Landholding Abutting MP Materials in Mojave HubDownload the PDF here. Keep Reading...
Asara Resources

Asara Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News