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East Star Resources ( (GB:EST) ) just unveiled an announcement.
East Star Resources has reported significant progress in its exploration activities in Kazakhstan, with promising results from drilling at the Verkhuba Copper Deposit and the identification of new mineralisation outside the current resource envelope. The company has also advanced its exploration at the Rulikha and Talovskoye sites, revealing substantial anomalies that suggest further potential for resource expansion. Additionally, East Star has raised £0.6 million through an oversubscribed funding round to support its ongoing exploration efforts. With copper supply deficits expected to deepen and gold prices at record highs, East Star is well-positioned to capitalize on these market conditions and deliver significant returns through its resource development initiatives.
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 permanent management presence in the region.
Average Trading Volume: 2,229,778
Technical Sentiment Signal: Buy
Current Market Cap: £8.02M
See more insights into EST stock on TipRanks’ Stock Analysis page.