Asra Minerals Ltd has launched an Aircore drilling program at its Leonora South Gold Project, located near Kookynie in Western Australia. The program, involving 50 planned drill holes for a total of approximately 2,000 meters, is designed to investigate interpreted extensions of the gold mineralisation seen at the area’s historical mining sites. These sites, known as the Cosmopolitan and Altona gold mines, have a rich history with past productions of 360,000 ounces and 88,700 ounces respectively. The drilling efforts are focused on prospect areas identified through recent geophysical and geological assessments and are expected to be completed within one to two weeks. The approach uses a low-cost Aircore drilling technique to test for additional high-grade mineralisation beneath the known mining areas. This initiative underlines the company’s aim to uncover new gold discoveries while enhancing its understanding of the geological potential of a region already recognized for its historical significance in gold production. The drilling program forms part of the broader strategy aligned with the company’s activities in the prolific Eastern Goldfields, where similar geological settings have been linked to multi-million-ounce gold deposits. The news carries bullish sentiment as it reflects strategic exploration efforts on prospective ground, which could potentially lead to new mineral discoveries and further resource expansion. With targeted drilling in a region with proven high-grade production, the initiative is seen as an encouraging step for future growth. On the bearish side, inherent risks include the uncertainties typical of early-stage exploration and the fact that results are pending, reminding investors that mineral exploration outcomes remain speculative until verified.