Latest Estrella Resources (ASX:ESR) News

Estrella Resources has ramped up its manganese exploration at the Ira Miri Project in Timor-Leste with a more powerful diamond drill rig and a fresh supergene manganese outcrop discovery, setting the stage for an extensive drilling program.

Estrella Resources has intersected 6.45 meters of massive manganese oxides in its first-ever drillhole in Timor-Leste, confirming the region’s untapped mineral potential and setting the stage for an extensive follow-up drilling campaign.

Estrella Resources has initiated Timor-Leste’s inaugural modern metallic minerals drilling campaign, targeting manganese at the Ira Miri Prospect. This milestone marks a new chapter in the country’s mineral exploration history.

Estrella Resources has entered a landmark Master Agreement with Indonesian firm PT Raka Energi Mandiri, granting exclusive rights to market and purchase limestone from Timor-Leste, targeting sales of up to 500 million tonnes over five years.

Estrella Resources has upgraded four reconnaissance permits to exploration licenses in Timor-Leste, significantly enlarging its landholding and enabling advanced exploration activities targeting manganese and limestone deposits.

Estrella Resources is set to commence the first-ever minerals drilling program in Timor-Leste, backed by strong manganese assay results and a recent $3.75 million capital raise. The company has secured key environmental approvals and community support, positioning itself at the forefront of exploration in this emerging jurisdiction.

Estrella Resources has reported exceptional manganese assay results from its Lautém Project in Timor-Leste, revealing grades up to 58.6% Mn and paving the way for imminent drilling activities.

Estrella Resources has secured $3.75 million through a share placement to fund its upcoming drilling program in Timor-Leste, signaling renewed momentum in its exploration efforts.

Estrella Resources has reported significant manganese discoveries in Timor-Leste, highlighted by exceptional rock chip assays and promising geophysical survey results. The company is advancing towards its first drilling campaign, backed by recent capital raising.