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Astral Resources NL ( (AU:AAR) ) has shared an update.
Astral Resources NL has announced significant high-grade gold findings at its Feysville Gold Project, particularly within the Kamperman pit shell, with assays reaching up to 100.7g/t Au. These results, obtained from a geotechnical drilling program, suggest potential for increasing the mineral resources beyond the areas considered in the Mandilla Pre-Feasibility Study. The company is also advancing its drilling programs at Mandilla and Spargoville, aiming to unlock further potential in its regional land holdings. This development positions Astral Resources to enhance its mining operations and potentially increase its market share in the gold mining sector.
The most recent analyst rating on (AU:AAR) stock is a Buy with a A$0.29 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 the exploration and development of gold resources. The company is engaged in several projects, including the Feysville, Mandilla, and Spargoville projects, with a strong emphasis on increasing its mineral resources and optimizing mining operations.
Average Trading Volume: 2,545,640
Technical Sentiment Signal: Buy
Current Market Cap: A$242.7M
See more data about AAR stock on TipRanks’ Stock Analysis page.