Quarterly Activities & Cashflow Report
| Stock | Astral Resources NL (AAR.ASX) |
|---|---|
| Release Time | 20 Apr 2026, 8:23 a.m. |
| Price Sensitive | Yes |
Quarterly Activities & Cashflow Report
- 102 holes (13,069m) of reverse circulation (RC) drilling completed at Mandilla Gold Project
- Commenced diamond drilling program (6 holes, ~3,000m) at Theia deposit
- Assay results reported for 7 diamond drill holes at Mandilla
- Assay results reported for 17 RC holes at Kamperman deposit, Feysville Gold Project
- Proposed joint venture with Mineral Mining Services Pty Ltd for Think Big Gold Deposit
Astral Resources NL (ASX: AAR) has reported on its activities during the quarter ended 31 March 2026. Key highlights include:Mandilla Gold Project:- 102 holes (13,069m) of reverse circulation (RC) drilling completed, including grade control, extensional and sterilisation drilling- Commenced a diamond drilling program (6 holes, ~3,000m) at the Theia deposit to test for depth extensions- Reported assay results for 7 diamond drill holes, including high-grade intersections from the Theia 230 Shear and Theia East Extensional programsFeysville Gold Project: - Reported assay results for 17 RC holes at the Kamperman deposit, including multiple high-grade intersections- Announced a proposed joint venture with Mineral Mining Services Pty Ltd for the development of the Think Big Gold DepositSpargoville Gold Project:- Completed 114 holes (13,947m) of RC drilling, including resource definition and sterilisation drilling- Reported assay results for the Wattle Dam Complex RC Program- Completed a target generation program identifying a significant pipeline of targetsThe company also provided updates on the Mandilla Definitive Feasibility Study, which remains on track, and noted the potential impact of the escalating military conflict in the Middle East on supply chains and financial inputs for the study.
Astral will monitor the impact of the escalating military conflict in the Middle East on supply chains and financial inputs for the Mandilla Definitive Feasibility Study, but has not provided any specific forward-looking financial guidance.