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Astral Resources Reports High-Grade Gold Findings at Theia Deposit

Story Highlights
  • Astral Resources announced significant high-grade gold results from Theia Deposit.
  • The in-fill drilling program aims to enhance resource classification for production readiness.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Astral Resources Reports High-Grade Gold Findings at Theia Deposit

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

Astral Resources NL announced significant results from its in-fill drilling program at the Theia Deposit, part of the Mandilla Gold Project. The results show broad zones of high-grade gold mineralization, reinforcing confidence in the Mineral Resource Estimate. The ongoing 10,000-metre program aims to enhance resource classification and support the project’s progression towards production. The company is also initiating a diamond drill program to explore high-grade structures and an extensional target at depth.

The most recent analyst rating on (AU:AAR) stock is a Buy with a A$0.45 price target. To see the full list of analyst forecasts on Astral Resources NL stock, see the AU:AAR Stock Forecast page.

More about Astral Resources NL

Astral Resources NL is a mining company focused on gold exploration and development. The company operates the Mandilla Gold Project near Kalgoorlie, which is 100% owned by Astral Resources.

Average Trading Volume: 3,955,403

Technical Sentiment Signal: Buy

Current Market Cap: A$345.5M

Learn more about AAR stock on TipRanks’ Stock Analysis page.

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