Latest Astral Resources (Asx:Aar) News

Astral Resources has successfully raised A$65 million through a strongly supported placement to advance its Mandilla Gold Project and accelerate exploration across its Western Australian gold assets.

Astral Resources has completed a comprehensive in-fill drilling program at its flagship Theia Deposit within the Mandilla Gold Project, confirming robust high-grade gold mineralisation that underpins the Stage 1 starter pit. The results reinforce the project’s strong economic potential as it advances towards production.

Astral Resources confirms robust high-grade gold zones at Theia Deposit and discovers a promising new target west of Theia, advancing its Mandilla Gold Project development.

Astral Resources reports robust exploration results across its Western Australian gold projects and key progress on the Mandilla Definitive Feasibility Study, alongside a new joint venture at the Think Big deposit.

Astral Resources has strengthened its leadership and advisory teams to drive the Mandilla Gold Project towards production, targeting first gold output by the end of 2027. The company has also engaged GR Engineering Services for critical feasibility work and appointed Taylor Collison to assist with debt financing.

Astral Resources has secured a pivotal Land Use Agreement with the Marlinyu Ghoorlie Native Title Claim Group, clearing the way for funded development of the Think Big Gold deposit in Western Australia.

Astral Resources reports robust assay results from its Theia Deposit in-fill drilling program, reinforcing the potential for a profitable starter pit at its Mandilla Gold Project. Ongoing diamond drilling and regional exploration at Feysville aim to further unlock value.

Astral Resources has secured a fully-funded joint venture with Mineral Mining Services to accelerate early gold production at its Think Big Gold Project near Kalgoorlie, promising reduced funding risks and faster cash flow.

Astral Resources reports strong assay results from 29 additional holes at Theia Deposit, confirming broad zones of high-grade gold consistent with its existing resource model. The ongoing in-fill drilling program advances the Mandilla Gold Project towards production readiness.

Astral Resources reports strong assay results confirming gold mineralisation extensions at its Spargoville Gold Project, while advancing drilling at Mandilla and completing lithium exploration under a joint venture.

Astral Resources reports strong initial assay results from its Theia Deposit in-fill drilling, confirming broad gold mineralisation and exceptional high-grade zones that align closely with existing resource models.

Astral Resources has reported robust gold intercepts from its recent drilling at the Spargoville Gold Project, highlighting potential to expand existing resources beneath the 8500N palaeochannel deposit. Concurrent exploration at Mandilla and lithium targets at KOMIR JV further underpin the company’s multi-asset growth strategy.