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ASX BRIEFS

ASRA MINERALS LTD (ASR) - CEO Paul Stephen Discusses the Gold Rush Revival and Highly Prospective Tenements

25 Mar 2025

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Send us a textThe gold exploration landscape in Western Australia is heating up as Asra Minerals undergoes a dramatic transformation. CEO Paul Stephen reveals how this ASX-listed explorer is pivoting sharply from diversified metals to become a laser-focused gold company with ambitious resource targets in the legendary Leonora goldfields.With fresh leadership and a renewed strategy, Asra has already delivered compelling high-grade intercepts at their Sapphire and Orion prospects—part of the highly prospective Kookynie area in their Leonora South project. These narrow but exceptionally rich quartz veins echo the million-ounce Raleigh deposit successfully mined by Evolution Mining.What sets Asra apart is their strategic consolidation of previously fragmented tenements, creating the first unified exploration approach across this promising gold system in decades. The recent $3 million sale of their Tarmoola Pastoral Lease has strengthened their financial position without shareholder dilution, while removing operational distractions. With drilling set to commence by April 2025 and ambitious plans to grow resources beyond 500,000 ounces, Paul's focused approach promises to deliver substantial shareholder value through the drill bit.

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