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by Proactive
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Asara Resources gets $805,000 cash injection for Kada gold camp

Asara Resources gets $805,000 cash injection for Kada gold camp

Asara Resources Ltd (ASX:AS1, OTC:GMRMF) managing director Timothy Strong is back in the Proactive studio to bring investors up to speed on a slew of company updates. After updating its company name and management team in late 2023, Asara has welcomed strong support from shareholders via an $805,000 placement. The extra capital will fund exploration and early metallurgical work on the oxide gold portion of the Kada Gold Project in eastern Guinea. With divestment of non-core projects and early-stage development options on the cards, Strong is excited for the year ahead.

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