AS1 0.00% 1.0¢ asara resources limited

enormous gold grades

  1. 1,857 Posts.
    recorded from samples taken at the Falun Copper-Zinc-Gold project.

    0.26m @ 190g/t (one hundred and ninety)
    0.27m @ 116g/t
    0.48m @ 60.4g/t
    0.22m @ 68g/t

    And this is from only 10-20cm length intervals at depth 200-400m (and incomplete btw).

    Then combine this with the drilling about to occur at Sepola smack between the IAMGOLD 13mill ounce and RANDGOLDS 12mill ounce mines.

    Massive massive gold play here.

    Chairman Rick Crabb (also PDN director) holds 9million shares (+ any rights he took up).

    The MD Craig Mackay holds 1.7mill (+ any rights)
    GMR Market Cap - AUD$11million ($3.5mill in cash)
    Drilling just about to start in Mali.

    May get some cheapies this week as rights churners exit, though considering the underwriters only had a shortfall of 8million shares (7% of issue)- very unlikely.

    Cheers,
    The Sparkler
 
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