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Astral Resources Reports Positive Gold Drill Results at Mandilla
Company Announcements

Astral Resources Reports Positive Gold Drill Results at Mandilla

Story Highlights
  • Astral Resources focuses on gold exploration at Mandilla near Kalgoorlie.
  • Initial drill results at Theia show strong gold mineralisation, indicating resource upgrade potential.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

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.

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