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Astral Resources Advances Gold Projects and Expands Strategic Stake
Company Announcements

Astral Resources Advances Gold Projects and Expands Strategic Stake

Story Highlights
  • Astral Resources is advancing its Mandilla and Feysville gold projects with extensive drilling and studies.
  • The company raised $25 million and acquired a significant stake in Maximus Resources, signaling expansion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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An update from Astral Resources NL ( (AU:AAR) ) is now available.

Astral Resources NL announced significant progress in its key gold projects for the quarter ending December 2024. The Mandilla Gold Project is advancing with multiple drilling programs and a pre-feasibility study expected to complete by Q2 2025. The Feysville Gold Project reported an updated mineral resource estimate and concluded several drilling programs. Corporate activities included a successful $25 million capital raise and a strategic stake acquisition in Maximus Resources Limited, highlighting Astral’s growth and expansion strategy.

More about Astral Resources NL

Astral Resources NL is a company engaged in the mining industry, particularly focusing on gold exploration and development projects. It operates key projects such as the Mandilla Gold Project and the Feysville Gold Project in Western Australia, areas known for their rich gold deposits.

YTD Price Performance: 3.57%

Average Trading Volume: 2,078,537

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$180.3M

See more data about AAR stock on TipRanks’ Stock Analysis page.

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