Asara Resources has reported further positive drilling results at its Massan deposit, confirming grade continuity and down-dip growth, while initial Phase 2 drilling indicates promising strike extensions at the Kada Gold Project in Guinea.
- Phase 1 drilling confirms consistent mineralisation and down-dip expansion
- Phase 2 drilling affirms strike extension continuity with mineralised intercepts
- Drilling rates increased entering the dry season, supporting ongoing exploration
- Advanced metallurgical and geometallurgical testwork initiated
- Massan deposit remains open along strike and at depth, with resource growth potential
Continued Confidence in Massan Deposit
West African gold explorer Asara Resources Limited (ASX – AS1) has released a new tranche of drilling results from its flagship Kada Gold Project in Guinea, reinforcing the robustness of the Massan deposit. The latest assays from 14 drill holes, totalling 3,718 metres in Phase 1, demonstrate strong grade continuity and confirm the down-dip growth of the deposit. This reinforces confidence in the geological model underpinning the project and supports the ongoing conversion of Inferred Resources to the higher-confidence Indicated category.
Expanding the Resource Footprint
Complementing the Phase 1 infill and depth extension drilling, Asara has commenced Phase 2 drilling focused on expanding the strike length of the Massan deposit. Initial results from four Air Core and Reverse Circulation drill holes, totalling 385 metres, have already returned mineralised intercepts, affirming the continuity of mineralisation along strike. The Phase 2 program aims to extend the Inferred Resource strike length to approximately 3.5 kilometres, highlighting significant potential for resource growth beyond the current core area.
Operational Momentum and Technical Advances
Drilling rates have increased steadily through January 2026 as operations benefit from the onset of the dry season, with contractors performing well and multiple rigs now deployed. The use of diamond drilling tails on Reverse Circulation precollars has proven cost-effective and invaluable in confirming mineralisation at depth, further strengthening geological confidence. In parallel, Asara has initiated a comprehensive metallurgical and geometallurgical testwork program, including sample submissions to Intertek Labs, to support future mining studies and optimise processing strategies.
Strategic Outlook
With the Massan deposit remaining open both along strike and at depth, the company is well-positioned to continue expanding its resource base throughout FY2026. The ongoing drilling campaigns, combined with advanced technical workstreams, aim to deliver a robust dataset ahead of feasibility studies. Asara’s CEO Matt Sharples emphasised the encouraging nature of the results and the significant prospectivity even in the most extensively drilled areas, underscoring the project’s long-term growth potential.
Regional and Corporate Context
The Kada Gold Project is situated within the prolific Siguiri Basin, a region known for major gold deposits. Asara also holds copper and silver-lead-zinc assets in Chile, with plans to divest non-core projects to focus on Kada. The company’s methodical approach to drilling and resource development, supported by rigorous QA/QC protocols and independent reviews, positions it as a notable player in West African gold exploration.
Bottom Line?
Asara’s drilling momentum and technical advances at Massan set the stage for significant resource growth and upcoming feasibility milestones.
Questions in the middle?
- How will ongoing Phase 2 drilling results impact the overall resource estimate and project economics?
- What insights will the metallurgical testwork provide regarding ore processing and recovery rates?
- How might regional exploration success influence Asara’s strategic focus and asset portfolio?