Asara Resources Limited released maiden assay figures from reverse circulation drilling at the Sogosogoba prospect. The drill programme targeted gold mineralisation within the Company’s Kada Gold Project.
The technical report presents assay results from five drill holes totalling 624 metres of reverse circulation penetration. Two holes tested the primary geochemical anomaly and intersected intervals of oxide gold:
- Hole SGRC26-004 intersected 15 metres at 1.4 grams per tonne gold from 9 metres depth, which includes 2 metres at 6.3 grams per tonne gold from 14 metres.
- The same hole returned 38 metres at 2.1 grams per tonne gold from 48 metres depth, containing multiple internal zones including 2 metres at 3.2 grams per tonne gold, 5 metres at 6.1 grams per tonne gold, 5 metres at 4.3 grams per tonne gold, and 3 metres at 5.0 grams per tonne gold.
- Hole SGRC26-003 intersected 3 metres at 5.0 grams per tonne gold from 19 metres depth, including 1 metre at 14.1 grams per tonne gold, alongside 7 metres at 0.8 grams per tonne gold from 40 metres.
- Hole SGRC26-005 tested ground peripheral to the primary footprint and returned 1 metre at 4.9 grams per tonne gold from 51 metres, alongside 1 metre at 3.2 grams per tonne gold from 60 metres.
Drill holes SGRC26-001 and SGRC26-002 yielded no significant intervals above the technical cutoff threshold of 0.3 grams per tonne gold. The weathering profile extends past 100 metres vertical depth across the target zone.
Key Takeaways & Impact
The results confirm primary bedrock gold beneath surface geochemical anomalism outside the existing deposit boundaries. Exploration teams identified mineralisation outside the Massan deposit footprint for the first time.
The Kada concession currently holds a combined Mineral Resource Estimate of 92.9 million tonnes at 0.70 grams per tonne gold, containing 2.08 million ounces of gold. The Massan deposit accounts for 91.23 million tonnes at 0.70 grams per tonne gold containing 2.04 million ounces. The satellite Bereko deposit contains 1.65 million tonnes at 0.81 grams per tonne gold yielding 0.04 million ounces.
The oxide component constitutes 35.83 million tonnes at 0.77 grams per tonne gold for 0.89 million ounces within the resource inventory. Weathered oxide material requires less energy during extraction and milling compared to primary fresh rock. Ongoing discovery work provides potential feed volume to expand the project inventory as Asara advances technical studies towards development.
Sogosoba Target – Maiden drilling results and current drill plan [Arasa Resources]
Matthew Sharples, Managing Director and Chief Executive Officer of Asara Resources, stated:
“These are an outstanding first set of assay results from our maiden drilling campaign at the Sogosogoba target that represents an important milestone for the Kada Project.
Our first drilling outside Massan has delivered an extremely encouraging start, with both of the first two holes drilled into the primary >100 ppb Au anomaly returning significant oxide gold mineralisation. SGRC26-004 in particular has delivered an exceptional first-pass result, including 38m at 2.1g/t gold with multiple higher-grade zones throughout the intercept.
Sogosogoba is only around 8km from Massan and is just one of six drill-ready targets within our broader exploration pipeline. Our approach is deliberately iterative, with each batch of drilling and assay results informing the next drill holes so that we can iteratively adjust our drilling strategy to target the strongest mineralisation.
These early drilling results reinforce our view that there is substantial demonstrated discovery potential beyond Massan and highlights the opportunity to establish additional deposits across the broader Kada Project.”
Key Players & Partners
Asara Resources Limited, an exploration Company listed on the Australian Securities Exchange under the ticker code AS1, directs the project. The Company holds a 51 per cent interest in Kada and exercised its contractual right to earn 75 per cent equity. Asara secures the additional 24 per cent equity interest through the funding and completion of a Definitive Feasibility Study.
Key technical personnel manage operational workflows across the exploration portfolio:
- Managing Director and Chief Executive Officer Matthew Sharples oversees overall corporate and operational execution.
- Vice President of Exploration Andrew de Klerk compiles exploration data and serves as the Competent Person under JORC guidelines.
- Full-time employee Dr Ryan Langdon completed the resource estimation work for the Kada project inventory.
External technical service providers also contribute to operational workflows. PROSLABS handles sample prep and analytical procedures at facilities in Kouroussa and Bamako. Historical operator Newmont previously explored the concession area between 2009 and 2012, generating regional datasets that guide current planning.
Location & Geological Context
The drill programme occurred at the Sogosogoba exploration prospect within the Damissa Koura exploration licence in eastern Guinea, West Africa. Permit A/20201694//MMG/SGG covers the field area under subsidiary entity Ara Exploration SARLU.
The Sogosogoba target lies approximately 8 kilometres northeast of the main Massan resource shell. The Kada project spans 150 square kilometres within the Siguiri Basin. AngloGold Ashanti operates the neighbouring Siguiri Gold Mine, a deposit exceeding 10 million ounces situated 36 kilometres north along strike.
The regional geological context features the following attributes:
- Structurally controlled shear systems cut weathered Paleoproterozoic sediment packages.
- Stockwork quartz vein arrays host gold occurrences throughout saprolite and fresh rock domains.
- Surface footprints display geochemical values exceeding 50 parts per billion and 100 parts per billion gold.
- Artisanal mining operations trace mineralised trends across several strike kilometres.
Timeline & Key Milestones
Asara Resources released the technical results to the market on 6 November 2026. The drill campaign followed systematic field groundwork during prior field seasons.
The Company released its preceding Kada Mineral Resource update on 31 August 2026. The project database closed for resource calculation on 23 August 2026. Earlier corporate actions saw Asara secure earn-in options in April 2022 to lift equity from 51 per cent to 75 per cent upon study delivery.
The Ministry of Mines in Guinea reviewed exploration licences nationwide during 2026 and reconfirmed the good standing of the Kada, Bamfele, and Damissa Koura permits. Guinean authorities currently process permit renewals through the digital mining cadastre system.
Next Steps & Future Outlook
Field crews use face-sampling reverse circulation hammer bits to collect samples at one-metre intervals. Riffle splitters divide chip material into sub-samples for laboratory submission.
Analytical technicians perform 50-gram fire assays with atomic absorption spectrometry finishes at the Bamako laboratory facility. Quality control protocols incorporate the following procedures:
- Certified reference material insertions occur alongside blank samples and duplicates at an insertion rate of one in twenty samples.
- Field operators track sample weights and reject damp material to prevent contamination.
- Gyroscopic downhole instruments record directional drift every 30 metres, concluding with continuous surface surveys.
- Differential global positioning equipment measures collar coordinates to precision standards within 0.1 metres.
Drill Collar Parameters:
- SGRC26-001: Easting 464421, Northing 1226026, Dip -56°, Azimuth 292°, Depth 138m
- SGRC26-002: Easting 464017, Northing 1226508, Dip -55°, Azimuth 297°, Depth 114m
- SGRC26-003: Easting 464075, Northing 1226481, Dip -56°, Azimuth 298°, Depth 102m
- SGRC26-004: Easting 464070, Northing 1226534, Dip -57°, Azimuth 296°, Depth 130m
- SGRC26-005: Easting 464014, Northing 1226588, Dip -55°, Azimuth 295°, Depth 140m
Asara maintains an iterative drill planning method where new assay numbers determine follow-up drill target collars. Exploration teams will target lateral continuity across Sogosogoba before moving equipment to five additional drill-ready pipeline targets across the Kada district. Concurrent work programmes will continue at Massan to support resource conversion and geotechnical requirements for the Definitive Feasibility Study.
Disclaimer:
This article is for informational purposes only and does not constitute financial, investment, or legal advice. Forward-looking statements and exploration results are subject to risks, uncertainties, and assumptions. Readers should conduct their own independent research and consult professional advisors before making any investment decisions.
Luke Carlino is a seasoned Copywriter, Content Strategist, and Social Media Manager specialising in Mining, Finance, and Business journalism. With more than a decade of industry experience, he brings rigorous editorial standards and commercial acuity to every project.
