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East Star Resources ( (GB:EST) ) just unveiled an update.
East Star Resources has reported promising results from its exploration activities at the Snowy epithermal gold target in Kazakhstan. The company has identified a fertile epithermal gold target, with rock chip analysis revealing gold presence at surface and a vein system traced over 100 meters. The exploration aligns with a low-sulphidation epithermal mineralisation model, similar to notable deposits worldwide, suggesting potential for a large gold system. The company plans further mapping and sampling to better delineate the target and prepare for potential drilling, indicating a strategic focus on expanding its resource base.
More about East Star Resources
East Star Resources Plc is focused on the discovery and development of copper and gold in Kazakhstan. The company employs multiple exploration strategies, including volcanogenic massive sulphide (VMS) exploration and copper porphyry and epithermal gold exploration, supported by local expertise and a grant from BHP Xplor.
Average Trading Volume: 1,965,273
Technical Sentiment Signal: Buy
Current Market Cap: £8.68M
For detailed information about EST stock, go to TipRanks’ Stock Analysis page.