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Estrella Resources Limited ( (AU:ESR) ) just unveiled an update.
Estrella Resources Limited announced significant progress in their exploration activities in Timor-Leste, uncovering two supergene manganese discoveries at the Ira Miri and Sica prospects. These findings are part of an ongoing exploration model that predicts manganese mineralization and could potentially open up new opportunities for resource development and economic benefits for Timor-Leste. The company is preparing for reverse circulation drilling to test geological targets, backed by a recent $1.25 million placement to support these efforts.
More about Estrella Resources Limited
Estrella Resources Limited is engaged in the mining industry, focusing on the exploration and potential development of manganese resources. The company operates primarily in Timor-Leste, where it explores supergene manganese deposits, aiming to establish mineable resources.
YTD Price Performance: 35.00%
Average Trading Volume: 5,256,994
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$51.33M
Find detailed analytics on ESR stock on TipRanks’ Stock Analysis page.
