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Astral Resources NL (ASX:AAR)

ALERT: Price-sensitive ASX Announcement for AAR
Current share price for AAR : $0.135 -0.055 (-28.95%)+
Announcement
Release
21 Apr 2026 8:25AM
Price at Release
$0.190
Full Release
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Summary
Astral Resources NL has announced an updated Mineral Resource Estimate (MRE) for its Mandilla Gold Project, resulting in an increase of the consolidated mineral resources to 2.07 million ounces of gold. This update reflects a 22% increase in contained gold for the Mandilla project, located south of Kalgoorlie, Western Australia. The updated MRE for Mandilla now stands at 53.5 million tonnes at 1.0 g/t gold for 1.74 million ounces, including a significant contribution from the flagship Theia Deposit. In addition to the Mandilla project, the Feysville and Spargoville projects contribute to the overall resource base, with the consolidated group MRE now estimated at 62 million tonnes at 1.1 g/t gold. The estimates are prepared in accordance with the JORC Code 2012 Edition.
Key Points
  • Mandilla Gold Project MRE increased to 1.74 million ounces of gold.
  • Overall Astral MRE increased to 2.07 million ounces of gold.
  • Mandilla MRE includes 53.5 million tonnes at 1.0 g/t gold.
  • Significant contribution from Theia Deposit.
  • Feysville and Spargoville projects add to resource base.
  • Estimates conform to JORC Code 2012 Edition.
  • Mandilla DFS progresses including latest MRE update.
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.