GoldArc Resources Limited
GoldArc Resources holds a 936-square-kilometre district-scale land position across the Leonora-Kookynie gold belt in Western Australia, flanked by Genesis Minerals, Northern Star, and Vault Minerals, with roughly 200,000 ounces of JORC-compliant resources defined across its Leonora North and Leonora South hubs; the company is advancing two partner-funded, capital-efficient pathways to production -- with BML Ventures at Mt Stirling and Mineral Mining Services funding up to A$20 million of initial development at Leonora South -- targeting first gold as early as Q4 2026.
Lifecycle Milestones
Construction Milestones
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Milestones are recorded only from a company's own dated disclosure. A milestone with no date shown is one we can confirm was reached but for which no date was disclosed — we don't estimate one. "Not yet reached" means exactly that, not that a date is missing. An "Expected" line likewise only ever reflects the company's own guidance (e.g. a study or permit decision targeted for a stated quarter) — most not-yet-reached milestones have none, and that absence means no such guidance has been disclosed, not that one is overdue.
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.
Your Rankings
Management Team
Managing Director of GoldArc Resources Limited, appointed 5 June 2025. Seasoned mining executive with extensive exploration and operations background; co-founder and Executive Director of Crusader Resources Ltd, instrumental in the discovery, development, and operation of the Posse Iron Ore mine in Brazil; has led ASX and LSE-listed companies.
Executive Technical Director of GoldArc Resources Limited. Highly experienced geologist with 30+ years in exploration, mining, and property acquisition; former Chief Mine Geologist at Plutonic and Executive Director at Gold Road Resources; credited with the discovery of the 6.2 million ounce Gruyere gold deposit.
Chief Financial Officer and Company Secretary of GoldArc Resources Limited. Chartered Accountant with 15+ years in resources-industry experience; former Deloitte auditor experienced in ASX/ASIC compliance, corporate governance, financial reporting, and shareholder relations.
Senior Geologist at GoldArc Resources Limited. Exploration geologist with 6+ years in Australian resources, specializing in greenfields and brownfields programs across gold and base metals with ASX-listed companies.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
GoldArc is the former Asra Minerals, renamed in September 2025, holding the Mt Stirling and Kookynie ground around Leonora in Western Australia with a 200,000-ounce JORC resource. The shares have re-rated sharply — up over 400% — but we could not reach a shareholder register for it: the company publishes no substantial-holder list on its website, no producer or strategic shareholder or joint-venture partner is disclosed, and there are no named institutional holders or director-dealing records in our data. Reported institutional ownership is 2.5%, against management at about 30%.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
GoldArc Total JORC Mineral Resources, reaffirmed current per the 17 Sep 2025 ASX announcement's own Competent Persons Statement (underlying estimates dated 25 Feb 2019, 29 Jan 2020, 5 Sep 2022 for Mt Stirling; 28 May 2024 for Orion-Sapphire): Leonora North -- Mt Stirling: Indicated 391,000t @ 2.1 g/t Au for 26,000oz + Inferred 2,158,000t @ 1.6 g/t Au for 111,000oz. Leonora North -- Stirling Well: Inferred-only 198,000t @ 2.3 g/t Au for 15,000oz. Leonora South -- Orion: Inferred-only 370,000t @ 2.2 g/t Au for 26,409oz. Leonora South -- Sapphire: Inferred-only 320,000t @ 2.1 g/t Au for 21,605oz. Portfolio total: 3,437,000t @ 1.82 g/t Au for 200,064oz. Mt Stirling's 26,000oz Indicated tranche is the only Measured/Indicated material company-wide -- ouncesFound = 26,000 (M+I-only, this repo's convention). ECONOMICS: GoldArc holds 100% ownership of the Mt Stirling mining lease but funds it via a 50/50 net-profit-share JV with BML Ventures (BML fully funding a 34,000m grade-control RC program); per the company's own disclosure, this JV/ore-sale structure removes the requirement for a formal Feasibility Study before mining, targeted to commence H2 CY2026 via toll treatment. No PEA/scoping-study-level NPV, IRR, or mine-life figure was found this pass -- genuinely not disclosed, consistent with a company that has structured its way around needing one, not an oversight.