Highlights

The strongest reported result was 38 metres at 2.1 grams per tonne gold from 48 metres in hole SGRC26-004.

Five reverse-circulation holes were reported.

The drilling represents the company’s first completed drilling outside the Kada permit.

Asara reported that significant mineralisation in the two principal holes occurs entirely within the oxide profile.

West African gold explorer Asara Resources Limited (ASX:AS1) is testing targets beyond its established Massan deposit at the Kada Gold Project in Guinea. The Sogosogoba prospect lies roughly eight kilometres northeast of Massan and forms part of a wider exploration pipeline around Kada’s existing mineral resource. Maiden drilling has now returned significant oxide gold intercepts, with results concentrated in holes positioned within the principal surface anomaly.

A Broad Intercept from the First Campaign

The strongest reported result was 38 metres at 2.1 grams per tonne gold from 48 metres in hole SGRC26-004. The interval included five metres at 6.1 grams per tonne from 57 metres and five metres at 4.3 grams per tonne from 70 metres. The same hole also intersected 15 metres at 1.4 grams per tonne from nine metres, including two metres at 6.3 grams per tonne from 14 metres.

The Primary Anomaly Draws Attention

Five reverse-circulation holes were reported. Only SGRC26-003 and SGRC26-004 were drilled within the primary surface gold anomaly exceeding 100 parts per billion, and both returned significant oxide gold mineralisation. Hole SGRC26-003 included three metres at 5.0 grams per tonne from 19 metres and seven metres at 0.8 grams per tonne from 40 metres. The distinction between holes inside and outside the principal anomaly matters when interpreting the initial results.

Results Sit Beyond the Massan Deposit

The drilling represents the company’s first completed drilling outside the Kada permit. Kada has an existing reported mineral resource of 2.08 million ounces, while Sogosogoba is a separate exploration target. These maiden intercepts indicate gold mineralisation at the new location but do not automatically add ounces to the existing resource estimate. Additional drilling and geological interpretation would be needed to assess geometry, continuity and resource potential.

Oxide Mineralisation Shapes Follow-Up

Asara reported that significant mineralisation in the two principal holes occurs entirely within the oxide profile. The program supports further assessment of the target, but the limited number of holes cannot on its own establish an economic deposit. The next stages will need to address strike and depth continuity, grade distribution and geological controls. The maiden results are exploration assays rather than a mine plan, reserve estimate or development decision.