Astral Resources

#asxnews #aar SPECTACULAR HIGH-GRADE GOLD INTERCEPT OF 3 METRES AT 177g/t AT KAMPERMAN RC hole FRC378 returned 12 metres at 7.26g/t Au from 23 metres and 25 metres at 24.3g/t Au from 68 metres, including a very high-grade zone of 3 metres at 177g/t Au from 74 metres Assay results received for the first 20 holes (2,580 metres) of a 31-hole (3,834 metre) reverse circulation (RC) drill program at Feysville’s Kamperman Prospect, with best results including: ·      12 metres at 7.26g/t Au from 23 metres including 1 metre at 16.5g/t Au from 24 metres and 1 metre at 39.7g/t Au from 27 metres and, further down-hole, 25 metres at 24.3g/t Au from 68 metres, including 1 metre at 28.0g/t Au from 69 metres and 3 metres at 177g/t Au from 74 metres in hole FRC378; ·      12 metres at 1.96g/t Au from 20 metres and 5 metres at 1.25g/t Au from 58 metres in hole FRC377; ·      4 metres at 2.95g/t Au from 61 metres and 11 metres at 0.96g/t Au from 91 metres in hole FRC372; and ·      18 metres at 0.90g/t Au from 25 metres in hole FRC371. RC holes FRC377 and FRC378 were designed to in-fill the northern end of the Kamperman prospect while also testing for potential north-plunging mineralisation, as characterised by previous intercepts of 14 metres at 1.44g/t Au from 54 metres in hole FRC304 and 12 metres at 1.99g/t Au from 78 metres in hole FRC341. The results from RC holes FRC377 and FRC378 are encouraging, and diamond drilling (DD) is planned in this area to better understand the orientation of the very high-grade zone in hole FRC378. Step-out holes to the north and north-east intersected gold mineralisation, demonstrating that Kamperman remains open to the north. Further assay results from the Kamperman program are pending. The RC rig is currently undertaking a program of several drill holes at Mandilla to determine dewatering requirements as part of the hydrogeological work program for the Mandilla Pre-Feasibility Study (PFS). At the Iris Deposit, a program of ten holes for 1,365 metres of in-fill drilling has been completed with a further ten holes remaining to be drilled. At the Eos Deposit, 16 holes for 2,540 metres will be drilled shortly. At Mandilla, a DD rig has commenced a four-hole/1,600 metre drill program of four deep in-fill holes ahead of an update to the Theia Mineral Resources Estimate (MRE), which is expected to be reported in the March Quarter, 2025. #gold #goldexploration #golddevelopment

#asxnews #aar STRONG IN-FILL DRILLING RESULTS PAVE WAY FOR UPGRADE OF CORNERSTONE THEIA DEPOSIT AT MANDILLA   In-fill drilling demonstrates strong continuity of known gold mineralisation, supporting upgrade from Inferred to Indicated status   Assay results received for a 70-hole (6,512 metre) in-fill reverse circulation (RC) drill program at the cornerstone Theia deposit at the Mandilla Gold Project, with best results including: 8 metres at 1.82g/t Au from 29 metres and 33 metres at 1.82g/t Au from 64 metres, including 2 metres at 25.9g/t Au from 90 metres in MDRC886; 10 metres at 5.33g/t Au from 38 metres including 1 metre at 37.5g/t Au from 43 metres in MDRC908; 6 metres at 1.74g/t Au from 70 metres and 18 metres at 2.54g/t Au from 84 metres including 1 metre at 24.8g/t Au from 93 metres in MDRC906; 7 metres at 0.70g/t Au from 44 metres and 19 metres at 2.12g/t Au from 67 metres including 1 metre at 19.5g/t Au from 71 metres and 1 metre at 14.8g/t Au from 78 metres in MDRC885; 17 metres at 0.73g/t Au from 40 metres and 14 metres at 1.64g/t Au from 83 metres including 1 metre at 12.5g/t Au from 84 metres in MDRC875;     29 metres at 0.67g/t Au from 25 metres and 17 metres at 1.37g/t Au from 64 metres including 1 metre at 14.9g/t Au from 80 metres;     1 metre at 223 g/t Au from 15 metres in MDRCD918;     1 metre at 21.3g/t Au from 12 metres and 22 metres at 0.53g/t Au from 60 metres in MDRC869;    15 metres at 1.27g/t Au from 60 metres in MDRC899;    14 metres at 1.35g/t Au from 96 metres in MDRC894;    2 metres at 5.56g/t Au from 70 metres in MDRC902; and    6 metres at 1.96g/t Au from 69 metres in MDRC910. 34-hole (3,750 metre) extensional and in-fill RC drill program completed recently at the satellite Kamperman deposit, with assay results pending. The RC rig has now been relocated to Mandilla to complete a 20-hole (3,579 metre) in-fill program at the Iris deposit to support its inclusion in the upcoming Pre-Feasibility Study (PFS). Once this program is complete, a 16-hole (2,540 metre) extensional drill program will be undertaken to test for extensions to the fresh rock gold mineralisation at the Eos deposit. As part of the current RC drill program at Mandilla, several dedicated RC holes will be drilled for the purpose of groundwater testing to support the hydrogeological study stream of the PFS. A diamond drill (DD) rig will also be mobilised this quarter to complete four deep in-fill holes ahead of an update to the Theia MRE, which is expected in the March Quarter, 2025. #gold #goldexploration #golddevelopment

#asxnews #aar ASTRAL FUNDED THROUGH TO FINAL INVESTMENT DECISION FOLLOWING STRONGLY SUPPORTED $25M PLACEMENT   Proceeds to accelerate exploration and evaluation activities at Mandilla and Feysville, including completion of Pre-Feasibility and Definitive Feasibility Studies #gold #goldexploration #golddevelopment

Astral Resources Managing Director spoke to Tylah Tully of Proactive Investors to discuss the recent metallurgical testwork results and expand on the significance of the Kamperman drill program that is currently underway. https://lnkd.in/gJmChmHw

#asxnews #aar OUTSTANDING METALLURGICAL RESULTS SIGNIFICANTLY DE-RISK MANDILLA GOLD PROJECT Highlights Exceptional metallurgical characteristics of the Mandilla Gold Project reconfirmed by recent test-work undertaken on samples from the Hestia, Eos and Iris deposits. Metallurgical testing was completed under a range of grind sizes and under very modest cyanide concentrations reflecting typical process plant conditions. Outstanding results were achieved, with extremely high gravity gold recoveries and very rapid leaching. At a 212µm grind size, the final gold recoveries achieved after only eight hours of leaching were: ·      For Hestia, 96.5% gravity recovery, 99.5% final recovery; ·      For Eos, 17.9% gravity recovery, 98.8% final recovery; and ·      For Iris, 66.8% gravity recovery, 96.5% final recovery. Consistent with the results achieved previously at Theia, Mandilla’s flagship deposit, metallurgical results at Hestia, Eos and Iris demonstrate extremely high gold recoveries, fast leach kinetics and low reagent consumptions. Turning to exploration, the first phase of an in-fill RC program at Theia has recently been completed with 70 holes drilled for an aggregate 6,500 metres. The drill rig has relocated to the Feysville Gold Project to undertake a 34-hole (3,750 metres) program to test for extensions to the Kamperman deposit. Seven out of the 34 holes have already been completed; encouragingly, the first three holes, including a 200-metre step-out to the north and the two most north-eastern step-outs, have all intersected significant quartz and sulphide mineralisation which is a characteristic of the lithologies which host mineralisation elsewhere at Kamperman. Mineral Resource estimations are currently underway for Think Big, Rogan Josh and Kamperman – all at Feysville – and are expected to be reported later this month. #gold #goldexploration #golddevelopment #exploration

#asxnews #aar RC DRILL RESULTS FURTHER CONFIRM KAMPERMAN POTENTIAL Highlights Assay results for the final three holes from the 26-hole (2,808 metres) reverse circulation (RC) infill and extensional drilling program at the Kamperman Prospect (Feysville Gold Project) have been received, with best results including: ·      10 metres at 5.04g/t Au from 99 metres in FRC350; and ·      32 metres at 2.13g/t Au from 125 metres in FRC360. In-fill results continue to support the interpretation of a very continuous, steeply west-dipping, zone of high-grade gold mineralisation in the southern part of the deposit. A maiden Mineral Resources Estimate (MRE) for Kamperman is scheduled to be reported in the September Quarter as part of an updated MRE for the broader Feysville Gold Project. #gold #goldexploration #golddevelopment #exploration

Astral Resources Managing Director Marc Ducler was fortunate enough to be able to present our Astral story at the Diggers & Dealers Mining Forum last week. If you have 15 minutes to spare it is well worth the watch as he provides a very succinct summary as to why Astral Resources should be on your watchlist.

#asx #asxnews STRONG ASSAYS RESULTS AT KAMPERMAN AHEAD OF FEYSVILLE RESOURCE UPGRADE Excellent assay results received from a recently completed in-fill RC program at Kamperman to support a maiden MRE due in the September Quarter HIGHLIGHTS 26-hole/2,808 metre reverse circulation (RC) infill and extensional drilling program completed at the Kamperman Prospect (Feysville Gold Project) with excellent results from the first 23 holes including: ·   38 metres at 2.12g/t Au from 42 metres in FRC358; ·   34 metres at 2.24g/t Au from 33 metres in FRC353; ·   19 metres at 3.32g/t Au from 32 metres including 1 metre at 32.78g/t Au from 48 metres in FRC355; ·   18 metres at 1.51g/t Au from 28 metres in FRC343; ·   19 metres at 1.35g/t Au from 25 metres in FRC345; ·   8 metres at 2.40g/t Au from 20 metres in FRC344; ·   11 metres at 1.38g/t Au from 17 metres and 12 metres at 1.99g/t Au from 78 metres in FRC341; ·   3 metres at 5.45g/t Au from 64 metres including 1 metre at 15.15g/t Au from 65 metres in FRC359; ·   13 metres at 1.13g/t Au from 39 metres in FRC336; ·   8 metres at 1.64g/t Au from 35 metres in FRC351; ·   14 metres at 1.16g/t Au from 118 metres in FRC356; ·   11 metres at 1.24g/t Au from 39 metres in FRC348; and ·   4 metres at 3.09 g/t Au from 67 metres in FRC335; In-fill results support the interpretation of a high-grade west-dipping zone of gold mineralisation extending from north to south over 450 metres of strike. Extensional drilling shows that the mineralisation at Kamperman remains open both to the north and east. The results will underpin a maiden Mineral Resource Estimate (MRE) for Kamperman, due in the September Quarter, as part of an updated MRE for the Feysville Gold Project. Kamperman represents a potential valuable source of high-grade satellite feed for the Mandilla Process Plant contemplated in the September 2023 Scoping Study. #gold #goldexploration #golddevelopment #exploration

#asx #asxnews KAMPERMAN CONTINUES TO GROW AHEAD OF MAIDEN MINERAL RESOURCE ESTIMATE Assay results from the recently completed RC program at the Kamperman Prospect have successfully extended the mineralised strike length to approximately 450 metres, with results to support a maiden Mineral Resource for Kamperman as part of a broader update to the Feysville Gold Project MRE. HIGHLIGHTS Assay results received from an 18-hole (2,172 metres) reverse circulation (RC) drilling program at the Kamperman Prospect (Feysville Gold Project), with best results including: 28 metres at 1.99g/t Au from 68 metres including 1 metre at 12.2g/t Au from 89 metres in FRC295; 17 metres at 1.60g/t Au from 32 metres in FRC301; 14 metres at 1.44g/t Au from 54 metres and 14 metres at 0.68g/t Au from 31 metres in FRC304; 13 metres at 1.44g/t Au from 43 metres and 10 metres at 0.90g/t Au from 16 metres in FRC306; 12 metres at 1.52g/t Au from 30 metres in FRC303; 29 metres at 0.97g/t Au from 25 metres in FRC293; 5 metres at 2.31g/t Au from 65 metres and 4 metres at 1.67g/t Au from 19 metres in FRC299; 3 metres at 2.41g/t Au from 108 metres and 14 metres at 0.82g/t Au from 36 metres in FRC294; and 6 metres at 1.06g/t Au from 30 metres and 8 metres at 0.90g/t Au from 17 metres in FRC302. In-fill and extensional drilling supports interpretation of gold mineralisation over 450 metres of strike which remains open to the north. A 2,000 metre RC drill program is currently underway at the Rogan Josh Prospect to in-fill the previously identified sub-horizontal supergene enriched mineralisation. Preliminary work is underway to deliver an updated Mineral Resource Estimate (MRE) for the Feysville Gold Project, incorporating an updated MRE for Think Big and maiden MREs for Rogan Josh and Kamperman. This has the potential to establish Feysville as a valuable source of higher-grade satellite ore for the Mandilla Processing Plant contemplated in the September 2023 Scoping Study #goldexploration #gold #golddevelopment #exploration

#asx #asxnews RC DRILLING DELIVERS 35 METRES GRADING 3.81g/t Au AT KAMPERMAN RC drill-hole FRC267 returned the widest, most consistent high-grade gold intersection recorded to date at Kamperman – 35 metres at 3.81 g/t Au – further reinforcing the potential scale and grade of this new discovery. HIGHLIGHTS Assay results have been received from the first four holes of a 19-hole/2,459 metre reverse circulation (RC) program at the Kamperman Prospect (Feysville Gold Project), with best results including: * 14 metres at 0.98g/t Au from 25 metres and 35 metres at 3.81g/t Au from 86 metres including 1 metre at 11.7g/t Au from 96 metres, 2 metres at 12.0g/t Au from 105 metres and 1 metre at 19.2g/t Au from 114 metres in FRC267; * 13 metres at 1.55g/t Au from 141 metres and 3 metres at 2.54g/t Au from 177 metres in FRC269; and * 10 metres at 0.95g/t Au from 189 metres in FRC268. RC-hole FRC267 is highly significant, in-filling the 80-metre sectional spacing between FRC240 (35 metres at 2.19g/t Au from 81 metres) and FRC238 (5 metres at 5.89g/t Au1 from 112 metres). Gold assays are pending for the remaining 15 holes (1,662 metres) of in-fill and extensional RC drilling that was recently completed. #aar #exploration #goldexploration #goldinvestment