Kada Gold Project
Advancing a Major Oxide Gold Asset in Guinea's Prolific Siguiri Basin
Resource
Gold
Region
Guinea,West Africa
Ownership
Earning upto 75%
Phase
Advanced Exploration
Project Summary
The Company’s flagship project is the advanced Kada Gold Project in eastern Guinea. Guinea remains one of the most under-explored countries in West Africa. Asara has outlined a Mineral Resource of 30.30Mt at 0.95g/t gold for 923,000oz, the majority of which is shallow oxide-transitional gold mineralisation. Asara is focused on growing the Mineral Resource.
Asara is focused on growing the Mineral Resource. Most of the >100km² project area remains under-explored and there is considerable upside for the discovery of additional oxide gold mineralisation. Asara has developed a pipeline of prospects at Kada to continue growing the resource, including Sounkou in the south, Bereko South and Sadan.
Highlights
Under-explored by Newmont
Multiple, broad oxide gold zones confirmed along a N-S structural corridor.
Mineral Resource is Just the Start
Mineral Resource of 30.30Mt at 0.95g/t gold for 923,000 ounces over only 1.4km of strike; 58% of the Mineral Resource is shallow, higher-grade oxide-transitional material.
40% of the oxide gold is now drilled to an Indcated classification.
Exceptional Exploration Upside
MRE area only covers 11% of 15km bedrock gold anomaly, with multiple targets identified to expand gold inventory.
Attractive Mining Attributes
Mineral Resource is predominately comprised of soft, potentially free-digging oxide material, which is also free-milling with gold recoveries up to 97% and suitable for conventional CIL processing.
