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Astral Resources NL ( (AU:AAR) ) just unveiled an announcement.
Astral Resources NL has completed a 99-hole in-fill drilling program at the Theia Deposit within its Mandilla Gold Project, yielding high-grade assay results that confirm the geological interpretation and potential of the Stage 1 starter pit. The drilling program, which averaged 52.2 gram x metres per hole and 1.93g/t Au across all reported intervals, aims to de-risk the Theia Stage 1 starter pit and enhance the project’s feasibility. The results, including significant gold intersections, bolster Astral’s position in the gold mining sector and provide a positive outlook for stakeholders as the company progresses with further exploration and feasibility studies.
The most recent analyst rating on (AU:AAR) stock is a Buy with a A$0.45 price target. To see the full list of analyst forecasts on Astral Resources NL stock, see the AU:AAR Stock Forecast page.
More about Astral Resources NL
Astral Resources NL is a company operating in the mining industry, focusing on gold exploration and development. Their primary project is the Mandilla Gold Project, located near Kalgoorlie in Western Australia.
Average Trading Volume: 4,221,671
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$317.1M
For detailed information about AAR stock, go to TipRanks’ Stock Analysis page.