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Estrella Resources Limited ( (AU:ESR) ) has issued an update.
Estrella Resources Limited has received necessary approvals to commence drilling at the Werumata limestone project in Timor-Leste. The project aims to develop a 500 million tonne limestone resource, a key condition for a Master Agreement with an international mining partner, which could enhance Estrella’s market positioning and operational capabilities. The drilling campaign will evaluate high-quality limestone deposits, potentially benefiting stakeholders through exclusive marketing and offtake rights.
More about Estrella Resources Limited
Estrella Resources Limited is a company in the mining industry, focusing on exploration and development of mineral resources. Its primary products include limestone and manganese, with a market focus on industrial applications and partnerships with international mining services.
Average Trading Volume: 3,895,423
Technical Sentiment Signal: Buy
Current Market Cap: A$81.34M
See more data about ESR stock on TipRanks’ Stock Analysis page.