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East Star Resources ( (GB:EST) ) has issued an update.
East Star Resources PLC announced its annual financial results for 2024, highlighting significant progress in its exploration activities in Kazakhstan. The company published a maiden JORC Inferred Mineral Resource for the Verkhuba Copper Deposit and commenced a diamond core drilling program to enhance the resource model. Additionally, East Star was selected by BHP Xplor for a grant to initiate a copper porphyry exploration strategy, leading to the identification of promising targets. The company also formed a joint venture with Getech Group Plc to explore sediment-hosted copper deposits. These developments position East Star as a key player in the copper and gold exploration sector, with potential for significant discoveries that could impact stakeholders positively.
More about East Star Resources
East Star Resources PLC is a company focused on the discovery and development of copper and gold in Kazakhstan. It operates with a permanent management team on the ground, supported by local expertise. The company is pursuing exploration strategies including Volcanogenic Massive Sulphide (VMS) copper discovery, porphyry copper and epithermal gold exploration, and sediment-hosted copper exploration.
YTD Price Performance: -4.35%
Average Trading Volume: 1,930,376
Technical Sentiment Signal: Hold
Current Market Cap: £4.37M
For an in-depth examination of EST stock, go to TipRanks’ Stock Analysis page.