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Estrella Resources Limited ( (AU:ESR) ) has issued an announcement.
Estrella Resources Limited has announced an extension to the milestone timelines in its partnership with PT Raka Energi Mandiri for the Werumata limestone project in Timor-Leste. The revised timelines allow for additional time to obtain necessary licenses and complete studies, reflecting Estrella’s strategic focus on advancing its limestone and manganese projects. This extension is expected to facilitate the company’s exploration activities, with drilling approvals anticipated soon, paving the way for potential resource discovery and subsequent project development.
More about Estrella Resources Limited
Estrella Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is engaged in projects in Timor-Leste, with a particular emphasis on limestone and manganese mining. Estrella aims to establish significant mineral resources and develop infrastructure for export, positioning itself as a key player in the region’s mining sector.
Average Trading Volume: 3,684,712
Technical Sentiment Signal: Buy
Current Market Cap: A$76.9M
See more data about ESR stock on TipRanks’ Stock Analysis page.