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Astral Resources NL (ASX:AAR)

ALERT: Price-sensitive ASX Announcement for AAR
Current share price for AAR : $0.140 -0.085 (-37.78%)+
Announcement
Release
23 Oct 2025 8:56AM
Price at Release
$0.225
Full Release
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Summary
Astral Resources NL has announced continued success in their in-fill drilling program at the Theia Deposit, part of the Mandilla Gold Project near Kalgoorlie, Australia. The latest assay results from 16 reverse circulation drill holes have confirmed the presence of broad zones of high-grade gold mineralization. This drilling program is part of an extensive exploration effort aimed at increasing the confidence in the mineral resource estimates for Theia, which is crucial for progressing the project towards a Measured Resource classification. The results include several significant intersections, such as 40 metres at 2.90 g/t gold and other notable grades that support the robust nature of the mineralization. The exploration is focused on the Theia deposit's high-grade structures and potential extensions at depth, contributing to the overall resource estimate of 33.3 Mt at 1.1 g/t gold for 1.15 Moz of contained gold, as reported in April 2025.
Key Points
  • Continued success in Theia in-fill drilling program.
  • Significant gold intersections including 40 metres at 2.90 g/t.
  • Drilling supports strong mineralization correlation to resource estimates.
  • Part of Mandilla Gold Project near Kalgoorlie, Australia.
  • Exploration aims to increase resource classification confidence.
  • Resource estimate of 33.3 Mt at 1.1 g/t for 1.15 Moz gold.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.