An update from East Star Resources ( (GB:EST) ) is now available.
East Star Resources has announced promising initial drill results from its Verkhuba Copper Deposit in Kazakhstan, with all drill holes intersecting ore grade mineralization. These new intersections, found outside the current resource envelope but within the open pit shell, suggest a potential increase in the Mineral Resource and improved economics for the open pit development. The results indicate that mineralized zones extend further than previously modeled, which could add significant value to East Star’s operations and enhance its market position in the copper and gold exploration industry.
More about East Star Resources
East Star Resources is a company focused on the discovery and development of copper and gold in Kazakhstan. They are engaged in exploring Volcanogenic Massive Sulphide (VMS) deposits, copper porphyry, and epithermal gold, with a goal of finding Tier 1 deposits. The company benefits from local expertise and operates in infrastructure-rich regions, aiming for low capital expenditure development.
YTD Price Performance: 17.39%
Average Trading Volume: 1,505,692
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £5.37M
Learn more about EST stock on TipRanks’ Stock Analysis page.