Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
East Star Resources ( (GB:EST) ) has provided an announcement.
East Star Resources has reported drilling results from its Rulikha North and Talovskoye West volcanogenic massive sulphide (VMS) targets in eastern Kazakhstan, confirming mineralisation within the expected host rocks and strengthening its geological model for the area. At Rulikha North, a 400 m drill hole intersected 120 m of disseminated sulphides, including a 90 m interval with more than 20% pyrite, plus copper-, zinc- and lead-bearing stringer zones that define a 1.5 x 1.0 km hydrothermal alteration cell typical of systems proximal to a massive sulphide ore body. Although the interpreted source of the sulphides was not yet hit, management views the results as validation of a large, fertile system and is planning further work, including ground electromagnetic surveys and follow-up drilling in 2026, as part of its broader East Region VMS strategy. At Talovskoye West, a single hole intersected volcaniclastic and breccia lithologies with minor alteration and a short mineralised interval grading in zinc, lead and copper, leaving the chargeability anomaly unresolved but still considered prospective, with additional geophysical work required to refine targets. The update underlines East Star’s belief that its VMS portfolio is beginning to yield encouraging results that can ultimately be monetised, complementing its existing Verkhuba development joint venture and reinforcing its positioning in a historically productive but underexplored Kazakh mining district.
More about East Star Resources
East Star Resources is a London-listed explorer focused on the discovery and development of copper and gold assets in Kazakhstan. The company is advancing multiple exploration strategies, including a joint venture to bring the Verkhuba copper-zinc-lead deposit into production while retaining a 30% production interest, a second VMS exploration target with significant copper-equivalent potential in the same region, a large strategic gold exploration joint venture with Endeavour Mining, and additional tier-one scale copper porphyry and epithermal gold targets in a proven mineral belt.
Average Trading Volume: 3,819,777
Technical Sentiment Signal: Buy
Current Market Cap: £16.63M
Learn more about EST stock on TipRanks’ Stock Analysis page.