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Estrella Resources Limited (ASX:ESR)

ALERT: Price-sensitive ASX Announcement for ESR
Current share price for ESR : $0.030 -0.006 (-16.67%)+
Announcement
Release
26 Aug 2026 12:53PM
Price at Release
$0.036
Full Release
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Summary
Estrella Resources Limited (ASX: ESR) has identified significant copper mineralisation at the Laleno Dome in Timor-Leste through their exploration activities. The company has discovered five new sites of copper mineralisation, bringing the total to nine known occurrences around the northern flank of the dome. The discoveries were made using a Mobile Magneto-Telluric drone survey, which helped identify high-conductivity anomalies. The copper mineralisation is associated with the Noni Formation and a porphyritic intrusive rock, suggesting a hydrothermal origin. Further exploration, including a deep drilling campaign and a large regional magneto telluric survey, is planned to continue advancing the project. Estrella aims to confirm the extent of mineralisation and explore new targets with these upcoming geophysical surveys and drilling activities.
Key Points
  • Estrella Resources identified copper mineralisation at Laleno Dome.
  • Five new sites discovered, total of nine copper occurrences.
  • Mobile Magneto-Telluric drone survey used for exploration.
  • Copper associated with Noni Formation and porphyritic rock.
  • Suggests hydrothermal origin of mineralisation.
  • Upcoming deep drilling and regional magneto telluric survey planned.
  • Aims to confirm mineralisation extent and explore new targets.
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.