Exploration update at Kookynie and Mt Stirling Projects

Asra Minerals Limited (ASX:ASR) has announced a successful exploration update for the Kookynie and Mt Stirling Projects. The company completed a confirmatory reverse circulation (RC) drill program, which verified the presence of economic gold grades at the depth as indicated by historical drilling. The program also provided valuable structural information from the drill core, improving confidence in the historical drilling and informing resource growth targets and applications to the regional geological model.

Executive Chairman's Comments on Exploration Update

We are excited with the results of these maiden drillholes, that were designed to validate and provide confidence in historical drilling and provide valuable structural information from the drill core. The anticipated high-grade lode positions confirm our interpretation, which means we have very high confidence in the validity of historical drilling information at Sapphire, Gladstone and Orion. Our drilling program will now continue to systematically extend these known targets including a range of additional resource growth and discovery targets that have been generated from our extensive data review. With multiple exploration programs underway we are pleased to provide Asra shareholders with strong news flow for the remainder of the year.

Exploration Update Summary and Outlook

Asra Minerals' successful completion of the confirmatory RC drill program at Kookynie and Mt Stirling Projects has confirmed the presence of economic gold grades and provided valuable structural information. The company's drilling program will now focus on extending known targets and testing additional resource growth and discovery targets generated from extensive data review. With multiple exploration programs underway, Asra Minerals aims to provide strong news flow for the remainder of the year, demonstrating its commitment to exploration and potential growth in the gold projects.