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 shared an announcement.
East Star Resources Plc has been awarded two new exploration licenses in the Balkash-Ili Arc in Kazakhstan, targeting copper porphyry deposits. The Piket and Judzha projects show promising geological features, with significant alteration systems and geochemical anomalies indicating potential for copper and gold deposits. The acquisition of these licenses, outside of their joint venture with Endeavour Mining, positions East Star to enhance its exploration portfolio and potentially discover significant mineral resources in the region.
More about East Star Resources
East Star Resources Plc is a company focused on the discovery and development of copper and gold in Kazakhstan. The company is engaged in various exploration strategies, including volcanogenic massive sulphide (VMS) exploration and copper porphyry and epithermal gold exploration, with opportunities for Tier 1 deposits and a strategic joint venture agreement with Endeavour Mining for gold exploration.
Average Trading Volume: 2,410,113
Technical Sentiment Signal: Buy
Current Market Cap: £10.24M
For detailed information about EST stock, go to TipRanks’ Stock Analysis page.