Asara Resources Ltd
Asara Resources Limited is an exploration company with a portfolio of advanced minerals projects in Guinea, West Africa and in Chile, South America.
The business
Asara Resources Limited is an exploration company with a portfolio of advanced minerals projects in Guinea, West Africa and in Chile, South America. Its projects consist of Kada, Paguanta, and Loreto. The Company’s flagship project is the advanced Kada Gold Project in eastern Guinea. The Kada Gold Project comprises two exploration permits, Kada and Bamfele, and covers an area of about 200 square kilometers (km2) in eastern Guinea. The project is located in the central Siguiri Basin and lies 36 kilometers (km) along the strike from the 10 million ounces (Moz) Siguiri Gold Mine operated by AngloGold Ashanti. The Paguanta Copper and Silver-Lead-Zinc Project lies on the northern extension of Chile’s West Fissure - a concentration of major porphyry copper-molybdenum deposits. The Loreto Copper Project is located in Northern Chile, South America.
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Latest news
Angel Seafood receives takeover proposal from Laguna Bay Group
Organic and sustainable pacific oyster producer Angel Seafood Holdings (ASX: AS1) has received a conditional takeover proposal from agricultural fund manager Laguna Bay Group. The non-binding offer will see Laguna purchase all of the shares in Angel by way of a scheme implementation arrangement at an indicative all cash consideration of $0.20 per share. It […]
Angel Seafood achieves new monthly record for oyster sales and revenue
After a record September quarter, Angel Seafood (ASX: AS1) has achieved an all-time monthly high for October as demand for its sustainable and organic oysters grows and Victoria and NSW reopen. The company revealed it sold 1.4 million oysters in October, which was 20% higher than September, and up 100% on August’s figures. The number […]
Angel Seafood posts record September quarter revenues despite lockdown restrictions
Organic and sustainable pacific oyster producer Angel Seafood (ASX: AS1) has posted record September quarter revenues despite a string of trading challenges brought on by COVID-19 lockdowns. The company posted a $2.1 million return, representing a 5% increase on the previous corresponding period and amid pandemic restrictions affecting markets in New South Wales, Victoria and the Australian […]
Angel Seafood achieves record half-year driven by domestic oyster demand
Strong domestic demand for sustainable oysters has seen Angel Seafood (ASX: AS1) post a record revenue of $3.6 million for the half year ending June. In its half-yearly report released today, the company cited this record revenue was a 46% increase on the previous corresponding period, underpinned by added scale in the business and local […]
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