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Astral Resources NL ( (AU:AAR) ) has shared an update.
Astral Resources NL announced significant results from its diamond drilling program at the Theia Deposit, part of the Mandilla Gold Project. The drilling, notably hole MDRCD918, delivered high-grade gold intersections with a cumulative 1,079 gram-metres of gold, marking the most mineralized hole at Mandilla so far. These results are expected to support the upgrade of Inferred Mineral Resources to Indicated categories, potentially enhancing the project’s feasibility. Additionally, the company is conducting further drilling at the Kamperman Deposit in the Feysville Gold Project to explore mineralization extensions and improve understanding of high-grade gold controls.
More about Astral Resources NL
Astral Resources NL is involved in the mining industry, focusing on gold exploration and production. The company primarily operates the Mandilla Gold Project and the Feysville Gold Project, both located near Kalgoorlie in Western Australia.
YTD Price Performance: 11.11%
Average Trading Volume: 1,643,606
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$186.5M
Learn more about AAR stock on TipRanks’ Stock Analysis page.