Asra Minerals Unveils High-Grade Gold Hits at Eclipse and Challenge

Asra Minerals confirms multiple high-grade, near-surface gold intercepts at its Leonora South Gold Project, setting the stage for a maiden resource estimate and further exploration.

  • High-grade gold intercepts up to 15m at 10.21 g/t Au at Eclipse
  • Robust, open gold system confirmed at Eclipse and Challenge prospects
  • 40-hole reverse circulation drilling program completed
  • Maiden Mineral Resource Estimate planned for Eclipse
  • Ongoing exploration across Leonora projects with new targets identified
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Drilling Success at Leonora South

Asra Minerals Ltd (ASX – ASR) has released the final assay results from its recent reverse circulation (RC) drilling program at the Eclipse and Challenge prospects, part of its Leonora South Gold Project in Western Australia. The 40-hole program, completed in July, has confirmed multiple significant, near-surface gold zones, including a standout intercept of 15 metres at 10.21 grams per tonne gold (g/t Au) from just 12 metres depth in hole NIC017. These results validate the presence of a robust and structurally controlled gold system that remains open along strike and at depth.

Expanding the Gold Footprint

The drilling has not only confirmed historical mineralisation but also extended known zones, demonstrating continuity and scale. At Eclipse, several high-grade intercepts were recorded, including 6m at 3.54 g/t Au and 9m at 3.22 g/t Au, while Challenge also delivered encouraging results such as 6m at 3.56 g/t Au. The shallow nature of these intercepts enhances the project's economic potential and supports the development of a maiden Mineral Resource Estimate (MRE) for Eclipse, a key milestone for the company.

Strategic Positioning in a Proven Gold District

Located near historic Orion and Sapphire gold mines, which host an existing resource of 48,000 ounces at 2.2 g/t Au, Asra’s Leonora South project benefits from geological similarities to established deposits. The gold mineralisation is associated with quartz veining within the Niagara Layered Complex, a geological setting known for hosting significant gold deposits in the Eastern Goldfields region. This strategic positioning underpins Asra’s confidence in resource growth potential.

Looking Ahead – Follow-Up and Broader Exploration

Asra’s Managing Director, Paul Stephen, highlighted the significance of these results, emphasizing that the initial high-grade intercept was not an isolated event but part of a larger mineralised system. The company is already planning follow-up drilling to test extensions along strike and at depth, alongside infill drilling to increase confidence ahead of resource estimation. Additionally, exploration continues across the broader Leonora portfolio, with recent aircore drilling at Cosmopolitan and Altona South pending assay results, and new targets being generated at Mt Stirling, Whistler, and Jessop Creek.

Technical Rigor and Quality Assurance

The drilling program employed industry-standard RC techniques, with samples analysed by accredited laboratories using photon assay methods. Quality control measures included certified reference materials and blanks to ensure data integrity. The geological logging and sampling protocols support a reliable foundation for resource estimation and future development planning.

Bottom Line?

Asra Minerals’ latest drilling success at Leonora South marks a pivotal step toward unlocking a significant new gold resource in a proven district.

Questions in the middle?

  • How will the upcoming maiden Mineral Resource Estimate at Eclipse impact Asra’s valuation?
  • What are the potential scale and grade of extensions along strike and at depth beyond current drilling?
  • How might results from other Leonora targets like Mt Stirling and Whistler influence the company’s growth trajectory?