Astral Resources NL Quarterly Activities & Cashflow Report
Key points
- Updated Mineral Resource Estimate for Mandilla Gold Project at 54Mt at 1.0g/t Au
- 148 holes of reverse circulation drilling and 9 holes of diamond drilling completed
- Joint venture with MMS for Feysville Gold Project aiming for cash flow in June 2027
- Cash balance of approximately $65 million as at 30 June 2026
- Acquisition of Mandilla Homestead for $850,000
Full summary
Astral Resources NL reported on its activities during the quarter ended 30 June 2026. The Mandilla Gold Project saw an updated Mineral Resource Estimate of 54Mt at 1.0g/t Au for 1.74Moz of contained gold. The company completed 148 holes of reverse circulation drilling and 9 holes of diamond drilling, with assay results validating the geological model. The Feysville Gold Project is on track for a joint venture with Mineral Mining Services Pty Ltd, aiming for cash flow in June 2027. The company also acquired the Mandilla Homestead for $850,000, simplifying land access and future approvals. Cash balance stood at approximately $65 million as at 30 June 2026.
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