Mining
Asra Minerals is actively developing gold, lithium and REE projects with tenements covering 360km2, strategically positioned within the resource-rich Eastern Goldfields mining jurisdiction of Leonora, Western Australia.
Through the recent acquisition of the Kookynie West Project, Asra has effectively triple its exploration portfolio in the Leonora region of Western Australia.
The company’s flagship Mt Stirling Project hosts a 152,000oz gold deposit and a unique clay hosted REE deposit of clean, heavy rare earth elements and critical minerals, scandium and cobalt.
Located near the mining town of Leonora, 240km north of Kalgoorlie, Asra’s Mt Stirling Project has:
- Gold: a current JORC compliant mineral resource of gold alongside Red 5’s (ASX; RED) King of the Hills mine. The region has recently produced approximately 14Moz of gold from mines such as Tower Hills, Sons of Gwalia, Thunderbox, Harbour Lights and Gwalia. Mt Stirling is nearby to excellent infrastructure including road, rail and mills.
- REE: A high ratio of heavy rare earths to total rare earths (0.57 to 1) and a lack of radioactivity distinguishes the company’s Yttria and Wishbone prospects which contain a high proportion of the magnet REEs dysprosium, terbium, praseodymium and neodymium, as well as significant anomalous concentrations of scandium.
- Property: The company owns the 172,662-hectare Tarmoola Pastoral Lease underlying the company’s gold and REE deposits and infrastructure. The station also extends north and east to cover Red 5’s KOTH Gold Operation and Aeris’ Jaguar Mining Centre (ASX: AIS).
- Equity: Asra also has free-carried gold joint ventures in the WA Goldfields with Zuleika (ASX: ZAG) and Loyal Lithium (ASX: LLI) as well as an equity holding in LLI.
KEY PEOPLE
RELATED STOCKHEAD STORIES
Stockhead TV
90 Seconds With … Rob Longley, Asra Minerals (ASX:ASR)
News
In Case You Missed It: Lithium acquisitions and commercialising birds’ nests
News
In Case You Missed It: Lithium steals the show yet again
Mining
One of Asra Minerals’ new lithium projects is just down the road from the Bald Hill mine
News
Market Highlights: Wall Street sinks ahead of Fed meeting, and 5 ASX small caps to watch on Monday
News
In Case You Missed It: Rare earths on the rise, and coal seam gas pilot spudded
Mining
Testing to determine avenue to easy rare earths recovery at Asra’s high quality Yttria deposit
Mining
Resources Top 5: Ausgold expands to 3.04m ounces, Asra and Petratherm rise on REEs
News
Top 10 at 11: Emyria soars on funding news, and loads of tasty stuff unearthed in Canada.
Mining
Asra Minerals Mt Stirling project ‘up there with the best quality rare earths deposits’
Stockhead TV
Dysprosium: Renewable energy’s secret sauce
Mining
The gold bulls might be waking. These active explorers are sitting under $40m market cap
Mining
Dysprosium: This future-facing metal is facing a supply dilemma that could put the brakes on electrification
Stockhead TV
90 Seconds With… Rob Longley, Asra Minerals (ASX:ASR)
Mining
Asra flags standout Rare Earths basket price of US$161/kg at Yttria
News
Top 10 at 10: Stock explodes +420% on FDA approval
Stockhead TV