News News
Contact us
  • Customer service number:64321087
  • Commercial service telephone:13918059423
  • Technical service telephone:13918059423
  • Contact person: Mr. Cui 
  • Service
  • Address: room 107, building 8, no. 100, guilin road, xuhui district, Shanghai

Asra eyes Goldfields open pit as resource estimate upgrade looms

The date of: 2022-07-19
viewed: 7

Asra Minerals is just weeks away from completing its updated gold mineral resource estimate for its Mt Stirling project in WA’s eastern Goldfields region that will prioritise the site’s open-pit potential.
The project, comprising about 74 square kilometres of tenure, is 20km north of Leonora and currently has a JORC-compliant resource estimate of about 118,400 gold ounces.
Asra has been busy with the drill in recent months and says at least 167 holes will be included in its upcoming mineral resource estimate.
Since November, the company has completed a 224-hole program across six of its major prospects.
Asra’s Mt Stirling prospect has been a major focus with 70 holes completed for a total of 10,180m that included both infill and extension drilling.
The company has previously said a total of 48 drill holes at Stirling Well are expected to be included in its estimate.
There has also been extensive drilling at its two JORC-compliant resources, MS Viserion and Stirling Well.
MS Viserion sits on 2 million tonnes at 1.54 g/t for 102,000 ounces contained and Stirling Well is 840m south with a resource of 254,000 tonnes at 2.01 g/t gold for 16,400 ounces contained.
Asra says it aims to continue to expand MS Viserion following the release of the upgraded mineral resource estimate in addition to follow-up exploration of its priority targets.
The broader region has recently produced about 14 million ounces of gold from an array of mines including Tower Hills, Sons of Gwalia, Thunderbox, Harbour lights and Gwalia.
Asra’s project lies within 8km of Red 5’s 4-million-ounce King of the Hills gold mine that has produced more than 1 million ounces of gold so far.
The company says Mt Stirling is a “triple play” because the the project hosts multiple commodities with heavy rare earth elements and critical minerals in addition to gold.
Last week Asra announced it will drill up to 50,000m across nine tenements at its Mt Stirling project after receiving approval to probe for rare earths, cobalt and scandium.
Drilling this year verified the presence of rare earths, cobalt and scandium that led to a significant re-brand for the gold miner, previously known as Torian Resources.
Asra is currently running the rule over a mineralogical characterisation study using material from its Yttria and Wishbone prospects with the University of Queensland’s Julius Kruttschnitt Mineral Research Centre.
With a new identity as a multi-resource explorer, an upcoming gold mineral resource estimate and a swag of hits on the board, the market will be keeping a close eye on Asra Minerals’ next steps.

Hot News / Related to recommend
  • 2022 - 11 - 29
    Click on the number of times: 0
    source:universetodayA new particle accelerator at Michigan State University is producing long-awaited results. It’s called the Facility for Rare Isotope Beams, and it was completed in January 2022. Re...
  • 2022 - 11 - 28
    Click on the number of times: 0
    source:natureAbstractThis article presents a resource for automated search, extraction and collation of geochemical and geochronological data from the Figshare repository using web scraping code. To a...
  • 2022 - 11 - 25
    Click on the number of times: 1
    source:natureAbstractIn this study, calcium carbonate, sepiolite, and commonly used diatomite (DE) carriers were mixed to prepare calcium carbonate or sepiolite mixed DE/nano-titanium dioxide (TiO2). ...
  • 2022 - 11 - 24
    Click on the number of times: 2
    source:innovationnewsnetworkCritical minerals, including rare earth elements, are essential to the US’ economy and national security as they are used in a variety of everyday applications. Due to thei...
  • Copyright ©Copyright 2018 2020 Shanghai rare earth association All Rights Reserved Shanghai ICP NO.2020034223
    the host:Shanghai Association of Rare Earth the guide:Shanghai Development and Application Office of Rare Earth the organizer:Shanghai rare earth industry promotion center