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Astral Resources NL ( (AU:AAR) ) just unveiled an announcement.
Astral Resources NL has reported promising results from its in-fill diamond drilling program at the Theia Deposit, part of the Mandilla Gold Project. The initial assay results indicate strong gold mineralisation in the first two drill holes, potentially enhancing the resource classification from Inferred to Indicated. These findings are significant for Astral’s operational strategy and could positively impact the company’s market position by demonstrating the project’s potential. Further drilling results are anticipated, which could provide additional insights into the resource’s depth and continuity.
More about Astral Resources NL
Astral Resources NL is a mining company focused on gold exploration and development. The company’s primary project is the Mandilla Gold Project, situated near Kalgoorlie, which includes the Theia and Eos deposits as part of its portfolio.
YTD Price Performance: 0.0%
Average Trading Volume: 1,985,723
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$167.8M
Learn more about AAR stock on TipRanks’ Stock Analysis page.