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Astral Resources NL (ASX:AAR)

ALERT: Price-sensitive ASX Announcement for AAR
Current share price for AAR : $0.168 -0.018 (-9.46%)+
Announcement
Release
21 Aug 2026 8:57AM
Price at Release
$0.185
Full Release
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Summary
Astral Resources NL has completed a 92-hole in-fill Reverse Circulation (RC) drilling program at the Think Big deposit, which is part of the Feysville Gold Project in Western Australia. This program, conducted by Mineral Mining Services Pty Ltd, has confirmed the presence of shallow, high-grade supergene mineralisation. Significant assay results were reported, highlighting the potential for substantial gold extraction, with some intervals showing gold grades as high as 57.1g/t. The project has received a Native Vegetation Clearing Permit, paving the way for development under a Joint Venture with MMS. The company is progressing with mine development approvals, including resolving objections related to a miscellaneous license application. Updates to the mineralised wireframes for a grade control model are underway in preparation for mining activities.
Key Points
  • 92-hole in-fill RC drilling program completed at Think Big deposit.
  • Best assay results include significant gold grades such as 11m at 7.34g/t Au and 12m at 5.89g/t Au.
  • In-fill drilling confirms presence of shallow, high-grade supergene mineralisation.
  • Native Vegetation Clearing Permit received for development under a Joint Venture with MMS.
  • Mineralised wireframes update in progress for grade control model.
  • Mine development approvals progressing with resolved objections on miscellaneous license application.
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.