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Estrella Resources Limited (ASX:ESR)

ALERT: Price-sensitive ASX Announcement for ESR
Current share price for ESR : $0.025 -0.008 (-24.24%)+
Announcement
Release
15 Oct 2025 9:48AM
Price at Release
$0.033
Full Release
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Summary
Estrella Resources Limited has announced continued success in its exploration efforts at the Ira Miri site in Timor-Leste, as part of the Lautém Manganese Project. The recent step-out drilling has extended the strike length of manganese mineralisation to nearly 100 meters, which is open to further exploration both northeast and southwest. Significant intersections include high concentrations of secondary supergene manganese oxides. Additionally, surveys such as LiDAR and DroneMag at the Ira Miri site and a bathymetric survey for potential port facilities have been completed. The company is optimistic about the potential of unlocking a new manganese province, with further drilling planned to expand understanding of the geology.
Key Points
  • Exploration at Ira Miri has extended manganese mineralisation strike length to nearly 100 meters.
  • High secondary supergene manganese oxide concentrations found in recent drill holes.
  • LiDAR and DroneMag surveys completed at Ira Miri to aid future targeting.
  • Bathymetric survey initiated for potential port facilities at Werumata.
  • Further drilling planned to expand geological understanding.
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.