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Astral Resources NL ( (AU:AAR) ) has shared an update.
Astral Resources NL has announced initial results from its in-fill drilling program at the Theia Deposit, part of the Mandilla Gold Project, demonstrating broad zones of gold mineralization with high-grade intercepts. These results are crucial for the project’s development, as Theia is expected to contribute significantly to the project’s gold production. The drilling program aims to validate the current Mineral Resource Estimate and ensure successful project development. Additionally, the company has commenced a drilling program at the Spargoville Project to explore lithium-pegmatite targets in a joint venture with KOMIR.
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, primarily focusing on gold exploration and development. Its flagship project is the Mandilla Gold Project near Kalgoorlie, which is 100% owned by the company. Astral is also involved in a joint venture with KOMIR to explore lithium-pegmatite targets.
Average Trading Volume: 3,116,603
Technical Sentiment Signal: Buy
Current Market Cap: A$235.6M
See more data about AAR stock on TipRanks’ Stock Analysis page.