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Estrella Resources to Launch Maiden Drilling Campaign in Timor-Leste

Story Highlights
  • Estrella Resources is set to begin its first drilling campaign in Timor-Leste.
  • The campaign marks a milestone with Timor-Leste’s new mining code and a partnership with CoreSearch.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Estrella Resources Limited ( (AU:ESR) ) has shared an update.

Estrella Resources Limited has announced an upcoming investor webinar where Managing Director Chris Daws will discuss the company’s Timor-Leste project and the preparations for its maiden drilling campaign. This campaign marks a significant milestone as it will be the first drilling conducted by Estrella in Timor-Leste, coinciding with the country’s adoption of a modern mining code. The company has partnered with CoreSearch Minerals and Mining Services LDA for the drilling, focusing on the Ira Miri, Sica, and Lalena manganese prospects.

More about Estrella Resources Limited

Estrella Resources Limited is a company operating in the mining industry, focusing on exploration and development projects. The company is currently engaged in a project in Timor-Leste, with a particular emphasis on manganese prospects.

Average Trading Volume: 3,525,064

Technical Sentiment Signal: Buy

Current Market Cap: A$73.87M

For detailed information about ESR stock, go to TipRanks’ Stock Analysis page.

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