Astral Resources Reports Exceptional Gold Recoveries at Mandilla Project

Astral Resources NL ( (AU:AAR) ) has issued an announcement.

Astral Resources NL has reported exceptional metallurgical test results from its Theia deposit at the Mandilla Gold Project, with gold recoveries averaging 98.2% and gravity recovery at 87.6%. These results, achieved with low reagent consumption and coarse grind size, are expected to support low processing costs in the upcoming Pre-Feasibility Study (PFS) due in June. The company is also progressing with an updated Mineral Resource Estimate for Mandilla and is advancing its exploration efforts at the Feysville Project. Additionally, Astral is moving forward with the takeover of Maximus Resources, holding a 72.20% interest.

More about Astral Resources NL

Astral Resources NL operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in gold mining and is advancing its projects, including the Mandilla Gold Project, which is a key focus area for its operations.

YTD Price Performance: -3.57%

Average Trading Volume: 1,492,097

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$167.8M

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