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ASTRAL RESOURCES NL (ASX: AAR)

High-grade gold mineralization intersected in multiple drill-holes with significant results from diamond and reserve circulation drilling.
Potential to add resources at depth and widen pit shell to the west demonstrated by DD results.
Extensional RC drilling confirms significant gold mineralization on the eastern flank of Theia.

2023-05-16 13:56:00

Astral Resources secures $3.4 million through a single-tranche share placement, issuing 47.2 million shares at A$0.072 per share to sophisticated and professional investors.
The raised funds, together with the company's existing cash reserves, will be used to advance resource definition drilling and technical studies at its Mandilla & Feysville Gold Projects.
Activities include the completion of drilling projects, exploration, resource definition, and advancement of technical and feasibility studies for the Mandilla Gold Project.

2023-04-28 09:42:00

Diamond drilling at Theia deposit within the Mandilla Gold Project yields high-grade gold mineralization at depth with assays of up to 133.25g/t Au.
Significant gold mineralization is also identified in DD holes MDRCD661 and MDRCD681.
At Eos, three reverse circulation holes reveal the potential for significant fresh rock gold mineralization, with a wide-ranging low-grade zone intersected in MDRC716.

2023-04-24 08:22:00

High-grade reverse circulation drill results from Hestia Deposit at Mandilla Gold Project show potential for significant resource growth beyond current Mineral Resource Estimate.
Approximately 6,000 meters of new drilling completed at Theia up to 4 April, with ongoing drilling providing confidence in an increased Mineral Resource Estimate update.
Single diamond drill hole at Feysville Gold Project's Kamperman Prospect intersects a broad high-grade zone of 10m at 4.57g/t Au from 148m in FRCD208, supporting the aim to increase the resource base for a robust standalone mine development at Mandilla.

2023-04-12 09:36:00

Results received for 6 diamond drill and 26 reverse circulation holes at the Feysville Gold Project
Best results include high-grade gold intersections at Hyperno, Ethereal, Rogan Josh, Rosina and Think Big prospects
Assays from 3 DD holes at the Kamperman, Michelangelo and Rosina prospects at Feysville remain outstanding while drilling continues at the Mandilla Gold Project

2023-03-15 09:52:00

Drilling is well underway at the Company's wholly-owned Feysville Gold Project, the first program since 2019.
Four diamond drill holes (645 metres) were completed on three prospects prior to the 2022 Christmas break.
A 25-hole (2,500 metre) reverse circulation drill program has also commenced, targeting the Ethereal, Hyperno, Rogan Josh, Think Big and Rosina Prospects where high-grade intersections have previously been identified as well as the Michelangelo and Montevesuv e Prospects.

2023-01-16 11:30:00