AS1 5.56% 1.9¢ asara resources limited

Ann: Second High-Grade Zone Discovered in Granite at Kouri, page-10

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  1. 57 Posts.
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    The other holes are effectively more direct extensions to the existing 1.4 million oz resource and also a potential parallel extension. So the remaining assays on those holes will feed into the existing mineral resources, and if they look good could potentially boost it up to around 2-2.5 Moz in the next resource update (probably early next year).

    Whereas further new drilling near the "bonanza" assay at the granite target will take a few months at least to see any real results and confirm the previous drill holes.

    So I would be careful in assuming that things will get crazy within a few weeks. Potentially in the next 6 months to year, but will have to wait and see. Also never forget the evolving security situation in Burkina Faso. Overall, I'm cautiously optimistic.
 
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