Quarterly Activities & Cashflow Report
| Stock | Astral Resources NL (AAR.ASX) |
|---|---|
| Release Time | 13 Jan 2026, 8:52 a.m. |
| Price Sensitive | Yes |
Quarterly Activities & Cashflow Report for Astral Resources NL
- Completed 52 holes (6,394 metres) of RC drilling and 14 holes (2,783 metres) of diamond drilling at Mandilla Gold Project
- Reported assay results for 82 holes (9,096 metres) of Theia RC In-fill Program, with multiple high-grade gold intersections
- Signed Letter of Intent for Development Partnership/Joint Venture on Think Big Gold Deposit
Astral Resources NL (ASX: AAR) reported on its activities during the quarter ended 31 December 2025. The company continued to progress the Mandilla Project, which comprises the Mandilla Gold Project, Feysville Gold Project, and Spargoville Gold Project. During the quarter, Astral completed 52 holes (6,394 metres) of reverse circulation (RC) drilling and 14 holes (2,783 metres) of diamond drilling at the Mandilla Gold Project, focused on infill, extensional and sterilisation drilling at the Theia, Hestia and Eos deposits. Assay results were reported for a total of 82 holes (9,096 metres) of the Theia RC In-fill Program, with multiple high-grade gold intersections. At the Feysville Gold Project, 17 holes (2,954 metres) of RC drilling were completed at the Kamperman deposit. Astral also signed a Letter of Intent 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. On the corporate front, Astral announced a two-tranche placement to raise approximately $65 million and received $5 million from the exercise of listed options. The company ended the quarter with cash of approximately $76 million.
Astral has not provided any high-importance, price-sensitive forward-looking financial metrics in the announcement.