"Funding will be used to fast-track exploration activities across Asra’s portfolio in Western Australia, including exploration, geochemistry, and further expansion of its highly prospective Lake Johnston and Lake Cowan lithium projects in the southern Yilgarn region. The Company is evaluating potential additions to the Lake Johnston lithium portfolio and has teams in the field now looking at both the current portfolio and new opportunities. Metallurgical testwork and orebody modelling at the Company’s Yttria Rare Earth Project and evaluation of scandium potential at Yttria will also be supported by the raise. Asra will also progress exploration work at its gold projects at the flagship Mt Stirling Project, as well as sites in Leonora and Kookynie"
ASR Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
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