Quarterly Activities & Cashflow Report
| Stock | Astral Resources NL (AAR.ASX) |
|---|---|
| Release Time | 31 Oct 2025, 8:07 a.m. |
| Price Sensitive | Yes |
Astral Resources NL Quarterly Activities & Cashflow Report
- 8,270 metres of RC drilling completed at Mandilla Gold Project
- Assay results reported for 105 RC drill holes totaling 13,305 metres
- Letter of Intent signed for Development Partnership/Joint Venture on Think Big Gold Deposit
Astral Resources NL (ASX: AAR) reported on its activities during the quarter ended 30 September 2025. The company continued to progress the Mandilla Project, which comprises the Mandilla, Feysville and Spargoville Gold Projects. At the Mandilla Gold Project, Astral completed 8,270 metres of reverse circulation (RC) drilling, including 68 holes (7,649 metres) of infill drilling at the Theia deposit and 5 holes (621 metres) testing for mineralisation on the bridge between the Theia and Iris deposits. Assay results were reported for a total of 105 RC drill holes (13,305 metres), highlighting significant high-grade intercepts. At the Feysville Gold Project, Astral reported assay results for 15 holes (1,371 metres) of geotechnical drilling and 24 holes (3,342 metres) of regional RC drilling. The company also signed a Letter of Intent with Mineral Mining Services Pty Ltd for a Development Partnership/Joint Venture on the Think Big Gold Deposit and executed a Land Use Agreement with the Marlinyu Ghoorlie Native Title Claimant Group. At the Spargoville Gold Project, Astral completed 11,775 metres of RC drilling, focused on evaluating the broader mineralised potential of the Spargoville Shear Zone and testing greenfields targets and extensions to known mineralisation. The company also made key appointments and engaged service providers to progress the Mandilla Project Definitive Feasibility Study.