Astral Resources Boosts Gold Reserves at Mandilla Project

Astral Resources NL ( (AU:AAR) ) has issued an announcement.

Astral Resources has announced a significant increase in its mineral resources at the Mandilla Gold Project, with a 49% rise in Indicated Resources to over one million ounces of gold. This growth supports the upcoming Pre-Feasibility Study, expected to be completed by June 2025, and marks a major milestone in the company’s strategic efforts to de-risk its operations. The increase in resources, particularly at the Theia deposit, positions Astral as a key player in the Eastern Goldfields district, with further exploration and development activities underway to capitalize on the rising gold prices.

More about Astral Resources NL

Astral Resources NL is a company operating in the mining industry, primarily focused on gold exploration and development. The company is engaged in the exploration of mineral resources, with a significant focus on its flagship Mandilla Gold Project located in Western Australia.

YTD Price Performance: 25.00%

Average Trading Volume: 1,938,528

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$216M

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