Quarterly Activities & Cashflow Report

Astral Resources reported on their activities for the quarter ending December 31, 2024. They completed multiple drilling programs at the Mandilla Gold Project and updated the JORC 2012 Mineral Resource Estimate for the Feysville Gold Project. The company also completed a two-tranche placement to raise approximately $25.0 million and entered into an agreement to acquire a strategic stake in Maximus Resources Limited.

Astral Resources is fully funded for future investment decisions, including exploration activities and feasibility studies. The company had approximately $25.2 million in cash at the end of the quarter.