Latest Estrella Resources (ASX:ESR) News

Estrella Resources has identified multiple high-conductivity anomalies at its Ira Miri project via a novel UAV geophysical survey, prompting plans for the deepest mineral exploration drilling ever in Timor-Leste starting September 2026.

Estrella Resources has delivered a 27,371-tonne manganese stockpile with nearly 5,000 tonnes grading above 49% Mn at Ira Miri and declared a maiden 621Mt JORC Inferred limestone resource at Werumata, underpinning its emerging Timor-Leste portfolio.

Wild swings hit the ASX this week, with Janus Electric doubling, Aura sliding almost 30%, and TechGen jumping more than 22%. Big news kept landing, but many stocks still fell as early gains faded and traders locked in profits.

Big project news kept landing across gold, rare earths and battery minerals, but many small-cap share prices still fell hard. The week belonged to a giant gold merger at the top end, while further down the board early excitement often gave way to selling.

Estrella Resources (ASX: ESR) has revealed striking high-grade copper and manganese assay results from its Timor-Leste concessions, spotlighting a vast geological dome that could underpin a new multi-commodity mineral province.

Estrella Resources has expanded its manganese exploration footprint in Timor-Leste with rock chip assays up to 57.8% manganese at new Leuro and Sica prospects, confirming broader mineralisation beyond its Ira Miri project.

Estrella Resources has launched a cutting-edge UAV-based electromagnetic survey at its Ira Miri manganese project to explore deeper and lateral extensions of high-grade mineralisation, aiming to refine geological models and support mining licence applications.

Capital raisings, resource updates and Medicare news drove the week’s biggest share moves. The sharpest gains came from silver and tungsten juniors, while the heaviest fall came from a deeply discounted equity raising.

Estrella Resources has announced a substantial maiden JORC (2012) inferred limestone resource of 621 million tonnes at its Werumata project in Timor-Leste, highlighting multiple product streams and significant upside potential.

Estrella Resources has completed a Category B market appraisal at its Ira Miri manganese project, confirming a 27,371 tonne stockpile including nearly 5,000 tonnes of high-grade manganese. Exploration upside remains significant with open mineralisation and upcoming geophysical surveys.

Estrella Resources has initiated Timor-Leste’s inaugural hard rock mineral extraction at its Ira Miri manganese project, advancing towards full-scale mining and simultaneously progressing a major limestone resource at Werumata.

Estrella Resources has inked an $8 million underwriting agreement with Million Link (China) Investment Ltd to support the exercise of 445 million listed options, aiming to strengthen its capital position ahead of the options’ December expiry.