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Astral Resources NL (ASX:AAR)

ALERT: Price-sensitive ASX Announcement for AAR
Current share price for AAR : $0.205 0.055 (36.67%)+
Announcement
Release
17 Aug 2026 9:05AM
Price at Release
$0.150
Full Release
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Summary
Astral Resources NL announced the expansion of their Theia Deeps drilling program at the Mandilla Gold Project in Western Australia. This initiative, which aims to uncover extensive mineralisation below the existing resource shell, has shown promising results with significant gold assays from several drill holes. The drilling program has been expanded to 21 holes, showcasing the company's strategic focus on extending the known Theia deposit at depth and along strike. Notably, hole AMRCD378 revealed a substantial interval of 52.75 meters grading 4.67 g/t gold, highlighting the potential for further resource growth.
Key Points
  • Astral Resources continues with deep diamond drilling at the Theia Deposit, demonstrating significant growth potential.
  • Recent drilling results indicate broad zones of mineralisation below the April 2026 Mineral Resource shell at the Mandilla Gold Project.
  • Significant assays were returned from drill-holes AMRCD262, AMRCD376, and AMRCD378.
  • AMRCD378 reported 52.75m at 4.67g/t Au from 445.25m, with notable higher-grade intervals.
  • The drilling program has expanded from 6 to 21 holes targeting deeper and high-grade extensions.
  • The initiative is part of Astral’s ongoing strategy to expand the known resources at Theia Deeps.
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.