ASR 0.00% 0.6¢ asra minerals limited

Ann: Placement Completed and Exploration Update, page-7

  1. 2,379 Posts.
    lightbulb Created with Sketch. 717
    great to see minimal dilution but I think the most positive part of the announcement was :

    "The Company has commenced drilling the second hole (MSRC-026) in the eight-hole program
    and is delighted to report that the first hole (MSRC-025), which was completed to a depth of
    336m on Friday afternoon 15 May 2020, intercepted 274m of quartz-carbonate veins
    containing pyrite and stoping in this mineralisation at end of hole. The RC assay sample chips
    from MSRC-025 are currently on-route to an ALS laboratory in Kalgoorlie. "

    I asked questions at the last AGM on this project and their hopes for positive steps forward once drilled and the response was anything over 100m of quartz/pyrite would be an outstanding indication. The fact that they intercepted 247m and the hole was open at depth is sensational.

    Looking forward to the assays.

 
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