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Estrella Resources Limited ( (AU:ESR) ) has shared an update.
Estrella Resources Limited has announced a significant discovery of 6.45 meters of massive manganese oxides in its maiden drill hole at the Ira Miri Prospect in Timor-Leste. This marks the first modern metallic minerals exploration in the region, providing the company with a first-mover advantage. The discovery, achieved within six months of the initial find, highlights the potential for further exploration and development of manganese deposits in the area, with support from local partners and authorities.
More about Estrella Resources Limited
Estrella Resources Limited is a company engaged in the exploration and development of mineral resources. The company focuses on discovering and developing rich mineral deposits, with a particular emphasis on manganese exploration in underexplored regions.
Average Trading Volume: 3,460,981
Technical Sentiment Signal: Buy
Current Market Cap: A$90.29M
For detailed information about ESR stock, go to TipRanks’ Stock Analysis page.
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