Asara Resources Reports 125% Rise in Guinea Project Resource to Over 2 Million Ounces, Shares Down 3%

MT Newswires Live

Yesterday

Asara Resources (ASX:AS1) said the total mineral resource for its Kada Gold Project in Guinea has increased 125% to 92.9 million tonnes at 0.7 grams per tonne gold for almost 2.1 million ounces of contained gold, according to a Monday Australian bourse filing.

The 2023 total mineral resource estimate was 920,000 ounces at a 0.5 g/t cut-off, with the updated mineral resource estimate reported at a 0.32 g/t cut-off, the filing added.

The company said indicated mineral resources have increased more than sixfold to nearly 1.3 million ounces, now representing 61% of total contained gold compared with 24% in the 2023 MRE, providing a strong foundation for the definitive feasibility study targeted for completion by the end of the second quarter of 2027.

The company's shares fell 3% in recent Monday 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.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://au1.tigerplaytime.com/news/2663102572"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2663102572\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2663102572?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-31 09:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2663102572","market":"sg","top_or_hot":-1,"title":"Asara Resources Reports 125% Rise in Guinea Project Resource to Over 2 Million Ounces, Shares Down 3%","media":"MT Newswires Live","content":"<html><body><p> Asara Resources (ASX:AS1) said the total mineral resource for its Kada Gold Project in Guinea has increased 125% to 92.9 million tonnes at 0.7 grams per tonne gold for almost 2.1 million ounces of contained gold, according to a Monday Australian bourse filing.</p><p>The 2023 total mineral resource estimate was 920,000 ounces at a 0.5 g/t cut-off, with the updated mineral resource estimate reported at a 0.32 g/t cut-off, the filing added.</p><p>The company said indicated mineral resources have increased more than sixfold to nearly 1.3 million ounces, now representing 61% of total contained gold compared with 24% in the 2023 MRE, providing a strong foundation for the definitive feasibility study targeted for completion by the end of the second quarter of 2027.</p><p>The company's shares fell 3% in recent Monday 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 Reports 125% Rise in Guinea Project Resource to Over 2 Million Ounces, Shares Down 3%</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 Reports 125% Rise in Guinea Project Resource to Over 2 Million Ounces, Shares Down 3%\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\">2026-08-31 09:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Asara Resources (ASX:AS1) said the total mineral resource for its Kada Gold Project in Guinea has increased 125% to 92.9 million tonnes at 0.7 grams per tonne gold for almost 2.1 million ounces of contained gold, according to a Monday Australian bourse filing.</p><p>The 2023 total mineral resource estimate was 920,000 ounces at a 0.5 g/t cut-off, with the updated mineral resource estimate reported at a 0.32 g/t cut-off, the filing added.</p><p>The company said indicated mineral resources have increased more than sixfold to nearly 1.3 million ounces, now representing 61% of total contained gold compared with 24% in the 2023 MRE, providing a strong foundation for the definitive feasibility study targeted for completion by the end of the second quarter of 2027.</p><p>The company's shares fell 3% in recent Monday trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AS1.AU","symbol_name":"Asara Resources Limited","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2663102572","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2663102572","pubTimestamp":1788140916,"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 the total mineral resource for its Kada Gold Project in Guinea has increased 125% to 92.9 million tonnes at 0.7 grams per tonne gold for almost 2.1 million ounces of contained gold, according to a Monday Australian bourse filing.The 2023 total mineral resource estimate was 920,000 ounces at a 0.5 g/t cut-off, with the updated mineral resource estimate reported at a 0.32 g/t cut-off, the filing added.The company said indicated mineral resources have increased more than sixfold to nearly 1.3 million ounces, now representing 61% of total contained gold compared with 24% in the 2023 MRE, providing a strong foundation for the definitive feasibility study targeted for completion by the end of the second quarter of 2027.The company's shares fell 3% in recent Monday trade.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"AS1.AU":"Asara Resources Limited","BK7141":"包装食品与肉类","BK7104":"黄金"},"translate_title":"Asara Resources 报告几内亚项目资源量增长 125%，超过 200 万盎司，股价下跌 3%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AS1.AU":1},"content_text":"Asara Resources (ASX:AS1) said the total mineral resource for its Kada Gold Project in Guinea has increased 125% to 92.9 million tonnes at 0.7 grams per tonne gold for almost 2.1 million ounces of contained gold, according to a Monday Australian bourse filing.The 2023 total mineral resource estimate was 920,000 ounces at a 0.5 g/t cut-off, with the updated mineral resource estimate reported at a 0.32 g/t cut-off, the filing added.The company said indicated mineral resources have increased more than sixfold to nearly 1.3 million ounces, now representing 61% of total contained gold compared with 24% in the 2023 MRE, providing a strong foundation for the definitive feasibility study targeted for completion by the end of the second quarter of 2027.The company's shares fell 3% in recent Monday 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":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}