Asra fast-tracks Kookynie gold project
Asra Minerals (ASX: ASR) has accelerated preparations for drilling at Kookynie East in WA.
This follows documentation from Bullseye Mining and Kalgoorlie Mining Associates, detailing agreement to dismiss all Applications for Forfeiture over the tenements.
The tenements are being acquired by Asra to add to its expanding gold portfolio in the Leonora-Kookynie region of WA.
Asra executive chairman Paul Summers says this development provides certainty for progressing drilling preparations.
“This legal matter, which was unrelated to Asra and largely outside of the Company’s control, has not affected our ongoing planning and preparation for drilling at Kookynie in the very near future,” he said.
“The rapid and successful resolution between the two Parties means we can now push forward with our exploration activities at these highly prospective tenements in WA’s prestigious Goldfields.
“Our new team members, Gold Road (ASX: GOR) founders Ian Murray and Ziggy Lubieniecki, have been working undeterred with our executive management and technical team to implement the best exploration strategy and identify priority drill targets at both Kookynie and Mt Stirling.”
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