Proactive Investor: Astral's Mandilla DFS on track as gold price surges
Astral Resources Managing Director Marc Ducler talked with Proactive about recent high-grade gold intercepts from extensional drilling at the Kamperman deposit, part of the Feysville Gold Project in Western Australia.
He also outlined progress at the Mandilla Project, where diamond drilling at the Theia deposit continues to confirm high-grade structures. Astral aims to deliver a Definitive Feasibility Study (DFS) in the June 2026 quarter, with a final investment decision expected by September, pending approvals.
The company is well-funded, with $78 million in the bank following a recent $65 million equity raise. A joint venture with Mineral Mining Services is being finalised, with plans to mine the Think Big deposit as an early revenue stream.
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