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Asara Resources (ASX: AS1) — Company Overview, News & Financial Data

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AS1 Asara Resources
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Company profile

Asara Resources

Asara Resources is an exploration and development company focused on precious metal assets in West Africa. The company primarily targets gold mineralization across advanced-stage mineral exploration licenses in Guinea and Burkina Faso. Its flagship asset is the Kada Gold Project located in eastern Guinea within the Siguiri Basin, where systematic drilling campaigns aim to define and expand Mineral Resource Estimates. Additionally, the company holds interest in the Kouri Gold Project in eastern Burkina Faso. Operations encompass geological mapping, auger drilling, reverse circulation, and diamond core drilling, alongside metallurgical testing and environmental baseline studies to evaluate project development feasibility.

Snapshot

Public AUOwnership
1987Year founded
11–50Employees
West Perth, AustraliaHead office
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Global footprint

Operations

Products and/or services of Asara Resources

  • Gold Exploration: Systematic reverse circulation and diamond core drilling campaigns across central West African concessions to define shallow oxide gold deposits, delineate structural extensions, and calculate updated mineral resource estimates under international reporting codes.
  • Resource Delineation: Advanced geological modeling and multi-element assay analysis targeting shear-hosted mineralized zones within prolific Birimian greenstone belts, quantifying tonnage and grade profiles for near-surface, open-pit constrained mineral deposits.
  • Auger Drilling: Grid-based auger drilling and deep geochemical sampling programs covering extensive regional permit areas to penetrate saprolite cover, map bedrock geochemistry, and identify prioritized drill-ready mineralized targets.
  • Metallurgical Testing: Comprehensive bottle roll leach, column leach, and comminution testwork on composite oxide and fresh rock drill samples to establish gold recovery rates and optimized processing parameters for heap leach or carbon-in-leach flowsheets.
  • Environmental Studies: Systematic hydrological monitoring, baseline flora and fauna evaluations, and community engagement initiatives conducted across active exploration tenements to fulfill regulatory compliance requirements and support environmental permit approvals.
  • Regional Reconnaissance: Airborne magnetic and radiometric interpretation, ground geophysical surveying, and geological structural mapping across peripheral exploration licenses to identify prospective shear corridors and intrusives within underlying gold-bearing rock formations.

Asara Resources executive team

  • Mr. Matthew SharplesChief Executive Officer
  • Ms. Joanna Christina Kiernan BACompany Secretary