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Asara Resources evaluating Kada as low-cost heap leach gold operation

Asara Resources evaluating Kada as low-cost heap leach gold operation

Asara Resources Ltd (ASX:AS1, OTC:GMRMF) managing director Tim Strong sits down with Proactive's Jonathan Jackson to discuss the latest updates from the Kada Gold Project in Guinea. Asara has recently started metallurgical testing at Kada to evaluate its viability as a low-cost heap leach operation. The company is not only advancing its flagship project but is also strategically streamlining its portfolio. Asara has initiated the divestment process for its non-core assets, including the Paguanta silver and zinc project in Chile and the 2-million-ounce Kouri Gold Project in Burkina Faso, with advanced discussions underway. Strong recently highlighted Asara's focused approach: “Our ongoing metallurgical tests at Kada will guide us towards potentially rapid production. Simultaneously, we’re implementing a strategic plan for sustainable growth, which includes divesting non-core assets to sharpen our focus on Guinea.” This strategic shift comes at a time when investor confidence in precious metals is rejuvenating, positioning Asara as a compelling and undervalued exploration opportunity. With significant gold and silver reserves across its portfolio, Asara is poised to strengthen its standing.

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