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Estrella Resources Limited (ASX:ESR)

ALERT: Price-sensitive ASX Announcement for ESR
Current share price for ESR : $0.026 -0.01 (-27.78%)+
Announcement
Release
14 May 2026 9:33AM
Price at Release
$0.036
Full Release
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Summary
Estrella Resources Limited has announced a maiden Mineral Resource Estimate for the Werumata Limestone Project in Western Australia. The project is located within the Yerrida Basin, with significant geological continuity along the Revere Reef shear system. The maiden resource is classified under the JORC Code (2012) with a total resource estimated at 15 million tonnes at a grade of 0.54 g/t Au, amounting to approximately 260,781 ounces of gold. The Big John and Armstrong areas represent the primary zones of mineralization, with drilling continuing to refine the resource model and expand potential reserves. The company plans further drilling to improve geological understanding and test the continuity of mineralized structures, positioning the project for future exploration and development initiatives.
Key Points
  • Maiden Mineral Resource Estimate announced for Werumata Limestone Project.
  • Located in Yerrida Basin, Western Australia.
  • Resource classified under JORC Code (2012).
  • Total resource: 15 million tonnes at 0.54 g/t Au.
  • Estimated gold: 260,781 ounces.
  • Primary zones: Big John and Armstrong areas.
  • Further drilling planned to enhance geological understanding.
  • Focus on expanding potential reserves and resource model.
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.