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Astral Resources NL ( (AU:AAR) ) has provided an update.
Astral Resources has secured the grant of Mining Lease M26/846 over part of its Feysville Gold Project, covering the Think Big and Rogan Josh deposits, enabling the company to progress an early production opportunity at Think Big. The company plans to promptly seek a separate mining lease for the Kamperman deposit, expected to be finalised by the June 2026 quarter, strengthening Feysville’s role as a satellite ore source to Mandilla, where prefeasibility work has already demonstrated the project’s contribution to a 1.41Moz production target and reinforces Astral’s strategy of building a regional gold operation in the highly endowed Kambalda-Kalgoorlie belt.
The most recent analyst rating on (AU:AAR) stock is a Hold with a A$0.28 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 an Australian gold exploration and development company focused on advancing its Mandilla and Feysville gold projects in Western Australia’s Kambalda-Kalgoorlie region, a tier-one gold and nickel district within the Norseman–Wiluna Greenstone Belt. The Feysville project, located about 14km south of the KCGM Super Pit, hosts multiple deposits including Kamperman, Think Big and Rogan Josh, and is envisaged as a key source of satellite ore feed for a future processing hub at Astral’s flagship Mandilla Gold Project.
Average Trading Volume: 3,831,619
Technical Sentiment Signal: Buy
Current Market Cap: A$474.8M
See more data about AAR stock on TipRanks’ Stock Analysis page.