Theia Deeps Assay Results Continue to Strengthen Case
Released
Released
Announcement PDF
ASX Announcement
ASX: AAR 15 SEPTEMBER 2026
Astral Resources
Suite 2, Lyall St, South Perth WA 6151
ACN 009 159 077
T +61 8 9382 8822
E info@astralresources.com.au astralresources.com.au | ASX: AAR
THEIA DEEPS ASSAY RESULTS CONTINUE TO STRENGTHEN
THE CASE TO GROW THE 1.4Moz RESOURCE AT DEPTH
HIGHLIGHTS
Mandilla Gold Project
• Recent deep Diamond Drilling (DD) continues to intersect significant high-grade gold
mineralisation at depth, demonstrating exceptional growth potential of the cornerstone 1.4Moz1
Theia Deposit at the Mandilla Gold Project in WA.
• Best results for AMRCD375 include:
• 22m at 2.73g/t Au from 361m including 0.3m at 133g/t Au from 382.65m
• 5m at 9.92g/t Au from 120m including 1m at 45.2g/t Au from 121m
• 49m at 0.90g/t Au from 284m including 0.3m at 20.9g/t Au from 294.79m
• 4.9m at 3.99g/t Au from 159.1m including 0.3m at 46.5g/t Au from 159.1m
• 5m at 2.02g/t Au from 444m
• Best results for AMRCD424 include:
• 49m at 1.23g/t Au from 252m including 1.1m at 10.3g/t Au from 257m and 0.3m at 14.7g/t
Au from 262m
• 2m at 12.8g/t Au from 390m including 0.3m at 83.5g/t Au from 390.44m
• 5m at 4.14g/t Au from 380m, including 1m at 19.1g/t Au from 382m
• 21m at 0.76g/t Au from 575m
• 18m at 0.82g/t Au from 81m, including 0.3m at 15.8g/t Au from 95.5m
• 8.7m at 1.24g/t Au from 543.71m
• 15 holes of the 21-hole (11,000m) Theia Deeps program have now been completed.
•
1
- Mandilla JORC 2012 Mineral Resource Estimate: 1.3Mt at 1.3g/t Au from 57koz Measured Mineral Resources, 32.6Mt at 1.0g/t Au for
1,092koz Indicated Mineral Resources and 19.6Mt at 0.9g/t Au for 588koz Inferred Mineral Resources (refer to Astral ASX announcement
dated 21 April 2026)
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Astral Resources’ Managing Director Marc Ducler said:
“The highly successful Theia Deeps drill program is continuing to confirm wide high-grade zones of gold
mineralisation within the existing Mineral Resource shell, while also demonstrating significant growth
potential at depth.
“The latest assay results from drill holes AMRCD375 and AMRCD424 confirmed broad zones of gold
mineralisation both within the current MRE – such as 49m at 1.23g/t Au and 49m at 0.90g/t Au – and
beneath the base of the current April 2026 Mineral Resource shell – such as 22m at 2.73g/t Au, 5m at
4.14g/t Au and 2m at 12.8g/t Au.
“Theia Deeps diamond drilling program and Theia RC in-fill program remain in progress. Assay results
from both programs will support an update to the Mandilla MRE, likely to be scheduled in the March
Quarter 2027.
Astral Resources NL (ASX: AAR) (Astral or the Company) is pleased to report assay results for a
further two diamond drill-holes completed as part of the ongoing deep Diamond Drill (DD) program at
the Theia Deposit, part of the 100%-owned Mandilla Gold Project (Mandilla), 70km south of Kalgoorlie
in Western Australia (Figure 1).
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Figure 1 – Map illustrating the location of the Mandilla, Spargoville and Feysville Gold Projects.
MANDILLA DIAMOND DRILLING UPDATE
Astral is undertaking a DD program testing the cornerstone 1.4Moz1 Theia Deposit at depth, with the
program achieving considerable success to date. As a result, the program has been expanded on
multiple occasions and now encompasses 21 holes for 11,000m.
The aim of the program is to determine the potential broader scale of the Theia mineral system.
To date, significant depth extensions have been discovered, with the Theia Deeps program now
focused on testing both the width and strike length of this newly discovered mineralisation.
An isometric view showing the drill-hole collar locations for the DD program is shown in Figure 2.
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Figure 2 – Isometric view of the Theia Deposit showing the MRE block model, the drill traces for the completed and
planned deep DD holes and the cross-section locations
Assay results for holes AMRCD375 and AMRCD424 (1,215.6m) have now been received.
AMRCD375
Best results for AMRCD375 include:
• 5m at 1.61g/t Au from 64m
• 5m at 9.92g/t Au from 120m including 1m at 45.2g/t Au from 121m
• 9.66m at 0.97g/t Au from 144m
• 4.9m at 3.99g/t Au from 159.1m including 0.3m at 46.5g/t Au from 159.1m
• 49m at 0.90g/t Au from 284m including 0.3m at 20.9g/t Au from 294.79m
• 22m at 2.73g/t Au from 361m including 0.3m at 133g/t Au from 382.65m
• 5m at 2.02g/t Au from 444m
• 9m at 0.95g/t Au from 484m
Cross-section A-A’, as located in Figure 2, is shown below in Figure 3.
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Figure 3 – Cross-section view of the Theia Deposit showing AMRCD375.
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DD hole AMRCD375 returned several zones of gold mineralisation within the April 2026 Mineral
Resource Estimate (MRE) pit shell, with a cumulative gram x metre2
result of 162.9 at an average
grade of 1.21g/t Au.
Additionally, several intersections with a cumulative gram x metre result of 85.6 at an average grade
of 1.67g/t Au were returned below the base of the April 2026 MRE pit shell, further reinforcing the depth
potential at Theia.
AMRCD424
Best results for AMRCD424 include:
• 18m at 0.82g/t Au from 81m, including 0.3m at 15.8g/t Au from 95.5m
• 49m at 1.23g/t Au from 252m including 1.1m at 10.3g/t Au from 257m and 0.3m at 14.7g/t Au
from 262m
• 21m at 0.57g/t Au from 314m
• 5m at 1.52g/t Au from 344m
• 5m at 4.14g/t Au from 380m, including 1m at 19.1g/t Au from 382m
• 2m at 12.8g/t Au from 390m including 0.3m at 83.5g/t Au from 390.44m
• 8.7m at 1.24g/t Au from 543.71m
• 21m at 0.76g/t Au from 575m
• 6m at 1.44g/t Au from 602m
Cross-section B-B’, as located in Figure 2, is shown below in Figure 4.
2
- gram x metres is defined as the length of the reported intersection multiplied by the grade of the reported intersection.
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Figure 4 – Cross-section view of the Theia Deposit showing AMRCD424.
Similarly, DD hole AMRCD424, also returned several zones of gold mineralisation within the April 2026
MRE pit shell, with a cumulative gram x metre result of 119.4 at an average grade of 1.0g/t Au.
As with AMRCD374 (ASX Announcement 8 September 2026), AMRCD424 encountered a zone of
reduced dilation (from 100m down-hole), which restricted the propagation of quartz veins. The
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frequency of quartz veining subsequently increased from 250 metres down-hole with resulting
intersections of 49m at 1.23g/t Au from 253m, 21m at 0.57g/t Au from 314m and 5m at 1.52g/t Au
from 344m all within the April 2026 MRE pit shell.
Several intersections with a cumulative gram x metre result of 107.7 at an average grade of 1.20g/t
Au were also returned below the base of the April 2026 MRE pit shell, which continues to reinforce the
depth potential at Theia.
CURRENT AND FUTURE EXPLORATION WORK PROGRAMS
Both Reverse Circulation (RC) and DD rigs are currently operating at Mandilla.
The DD program is ongoing with 15 holes of the expanded 21-hole (11,000m) program now complete.
In-fill RC drilling of the Theia Stage 1 open pit is ongoing, with 336 holes for 23,900 metres completed
of the 431-hole (44,400m) program.
From a heritage perspective, Kamperman (at Feysville) and the Spiders Deposits (at Spargoville) have
been surveyed, the preliminary report remains pending.
Drill pad preparation is being scheduled, with drilling planned to commence early in the December
Quarter 2027.
Further heritage surveys are also scheduled to commence this week.
APPROVED FOR RELEASE
This announcement has been authorised for release by the Managing Director.
For further information:
Investors Media
Marc Ducler Nicholas Read
Managing Director Read Corporate
Astral Resources +61 419 929 046
+61 8 9382 8822
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ABOUT THE MANDILLA GOLD PROJECT
The Mandilla Gold Project is situated in the northern Widgiemooltha greenstone belt, approximately 70
kilometres south of the significant mining centre of Kalgoorlie, Western Australia.
The area hosts world-class deposits such as the Golden Mile Super Pit in Kalgoorlie, owned by Northern
Star Resources Limited (ASX: NST), and the St Ives Gold Mine approximately 20 kilometres to the
south-east of Kambalda, owned by Gold Fields Limited, as well as the Beta Hunt Gold Mine immediately
to the south of Kambalda, owned by Westgold Resources Limited (ASX: WGX).
Mandilla is covered by existing Mining Leases which are not subject to any third‐party royalties other
than the standard WA Government gold royalty.
The Mandilla Gold Project includes the Theia, Iris, Eos and Hestia deposits.
Gold mineralisation at Theia and Iris is comprised of structurally controlled quartz vein arrays and
hydrothermal alteration close to the western margin of the Emu Rocks Granite and locally in contact
with sediments of the Spargoville Group.
Significant NW to WNW-trending structures along the western flank of the project are interpreted from
aeromagnetic data to cut through the granitic intrusion. These structures are considered important in
localising gold mineralisation at Theia, which has a mineralised footprint extending over a strike length
of more than 1.6km.
A second sub-parallel structure hosts gold mineralisation at the Iris deposit. The mineralised footprint
at Iris extends over a strike length of approximately 700 metres, combining with Theia to form a
mineralised zone extending over a strike length of more than 2.3 kilometres.
At Eos, located further to the south-east, a relatively shallow high-grade mineralised palaeochannel
deposit has been identified which extends over a length of approximately 900 metres. A primary gold
source is also present, with further drilling required to determine both the nature and structural controls
on mineralisation and its extent.
Mineralisation delineated over approximately 1,300 metres of strike at the Hestia deposit, located
approximately 500 metres west of Theia, is associated with a shear zone adjacent to a mafic/sediment
contact, interpreted to be part of the major north-south trending group of thrust faults known as the
Spargoville Shear Corridor.
Locally, the Spargoville Shear Corridor hosts the historically mined Wattle Dam gold mine (266koz at
10.6g/t Au) and, further to the north, the Ghost Crab/Mt Marion mine (>1Moz).
The mineralisation at Hestia, which is present in a different geological setting to the bedrock
mineralisation at Theia and Iris, remains open both down-dip and along strike.
In April 2026, Astral announced a Mineral Resource Estimate (MRE) of 53.5Mt at 1.0 g/t Au for
1.74Moz of contained gold3 for the Mandilla Gold Project.
3
- Mandilla JORC 2012 Mineral Resource Estimate: 1.3Mt at 1.3g/t Au from 57koz Measured Mineral Resources, 32.6Mt at 1.0g/t Au for
1,092koz Indicated Mineral Resources and 19.6Mt at 0.9g/t Au for 588koz Inferred Mineral Resources (refer to Astral ASX announcement
dated 21 April 2026)
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Metallurgical testing undertaken on each of the main deposits at Mandilla – Theia, Iris, Eos and Hestia
– has demonstrated high gravity recoverable gold, fast leach kinetics and exceptional overall gold
recoveries with low reagent consumptions and coarse grinding4,5.
In June 2025, Astral announced the results of a Preliminary Feasibility Study for Mandilla (Mandilla
PFS), which also included the mining of gold deposits at Feysville. It was based on a standalone project
comprising seven open pit mines feeding a 2.75Mtpa processing facility, producing 95koz per year for
the first 12 years. The base case gold price assumption for the Mandilla PFS was A$4,250/oz and
demonstrated a Net Present Value (8% discount rate) (NPV8) of $1.4 billion6. At a A$6,250 gold price,
the NPV8 increases to $2.9 billion.
Four open-pit mines at Mandilla were included in the Mandilla PFS (Theia, Hestia, Eos and Iris), and
three open-pits mines at Feysville (Kamperman, Think Big and Rogan Josh).
A map of Mandilla illustrating both the local area geology and mineral deposits is set out in Figure 6.
Figure 5 – Map of Mandilla Gold Project on local area geology.
4
ASX Announcement 6 June 2022 “Outstanding metallurgical test-work results continue to de-risk Mandilla.”
5
ASX Announcement 17 September 2024 “Outstanding metallurgical results further de-risk Mandilla.”
6
Mandilla Project Pre-Feasibility Study – Maiden Ore Reserve (refer to Astral ASX Announcement dated 25 June 2025)
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CONSOLIDATED MINERAL RESOURCE & ORE RESERVE ESTIMATES
Ore Reserve Estimates
The Group’s consolidated JORC 2012 Ore Reserve Estimate as at the date of this report is detailed in
Table 1 below.
Table 1 – Group Ore Reserves
Project
Probable Total Ore Reserve
Tonnes Grade Metal Tonnes Grade Metal
(Mt) (Au g/t) (oz Au) (Mt) (Au g/t) (oz Au)
Mandilla7
34.3 0.9 1,000,000 34.3 0.9 1,000,000
Feysville7
2.3 1.2 88,000 2.3 1.2 88,000
Total 36.6 0.9 1,082,000 36.6 0.9 1,082,000
Ore Reserves are a subset of Mineral Resources.
Ore Reserves are estimated using a gold price of AUD $3,000 per ounce.
The preceding statement of Ore Reserves conforms to the Australasian Code for Reporting of Exploration Results, Mineral Resources and
Ore Reserves (JORC Code) 2012 Edition. All tonnages reported are dry metric tonnes. Minor discrepancies may occur due to rounding to
appropriate significant figures.
The Ore Reserves for Mandilla are reported at a cut-off grade of 0.30 g/t Au lower cut-off and Feysville are reported at a cut-off grade of
0.40 g/t Au lower cut-off.
Group Mineral Resource Estimates
The Group’s consolidated JORC 2012 Mineral Resource Estimate as at the date of this report is detailed
in Table 2 below.
Table 2 – Group Mineral Resources
Project
Measured Indicated Inferred Total Mineral Resource
Tonnes Grade Metal Tonnes Grade Metal Tonnes Grade Metal Tonnes Grade Metal
(Mt)
(Au
g/t)
(oz
Au)
(Mt)
(Au
g/t)
(oz Au) (Mt)
(Au
g/t)
(oz Au) (Mt)
(Au
g/t)
(oz Au)
Mandilla3
1.3 1.3 57,000 32.6 1.0 1,092,000 19.6 0.9 588,000 53.5 1.0 1,736,000
Feysville8
- - - 3.5 1.3 144,000 1.5 1.1 53,000 5.0 1.2 196,000
Spargoville9
- - - 1.9 1.3 81,000 1.1 1.6 58,000 3.0 1.4 139,000
Total 1.3 1.3 57,000 38.1 1.1 1,317,000 22.2 1.2 698,000 61.6 1.0 2,072,000
The preceding statement of Mineral Resources conforms to the Australasian Code for Reporting of Exploration Results, Mineral Resources and
Ore Reserves (JORC Code) 2012 Edition. All tonnages reported are dry metric tonnes. Minor discrepancies may occur due to rounding to
appropriate significant figures
The Mineral Resources are reported at 0.40g/t Au lower cut-off for Mandilla and 0.39 g/t Au lower cut-off for Spargoville and Feysville, while
constrained within pit shells derived using a gold price of AUD$4,500 per ounce for Mandilla, AUD$3,500 for Spargoville and AUD$2,500 per
ounce for Feysville.
7
Mandilla Project Pre-Feasibility Study – Maiden Ore Reserve (refer to Astral ASX Announcement dated 25 June 2025)
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Feysville JORC 2012 Mineral Resource Estimate: 4Mt at 1.3g/t Au for 144koz Indicated Mineral Resources and 1Mt at 1.1g/t Au for 53koz
Inferred Mineral Resources (refer to Astral ASX announcement dated 1 November 2024).
9
Spargoville JORC 2012 Mineral Resource Estimate: 2Mt at 1.3g/t Au for 81koz Indicated Mineral Resources and 1Mt at 1.6g/t Au for
58koz Inferred Mineral Resources (refer to Astral ASX announcement dated 7 May 2025).
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Competent Person’s Statements
Mandilla
The information in this announcement that relates to exploration targets and exploration results for the Mandilla
Gold Project is based on, and fairly represents, information and supporting documentation compiled by Ms Julie
Reid, who is a full‐time employee of Astral Resources NL. Ms Reid is a Competent Person and a Member of The
Australasian Institute of Mining and Metallurgy. Ms Reid has sufficient experience that is relevant to the style of
mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a
Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results,
Mineral Resources and Ore Reserves’. Ms Reid consents to the inclusion in this report of the material based on
this information, in the form and context in which it appears.
The information in this announcement that relates to the Ore Reserves for the Mandilla Gold Project were
announced in the Company’s ASX announcement dated 25 June 2025 titled “Mandilla Project Pre-Feasibility
Study – Maiden Ore Reserve". The Company confirms that it is not aware of any new information or data that
materially affects the information included in the ASX announcement dated 25 June 2025 and all material
assumptions and technical parameters underpinning the estimates in the relevant market announcement continue
to apply and have not materially changed. The Company confirms the form and context in which Competent
Persons’ findings are presented have not materially changed from previous market announcements. The reports
are available to view on the ASX website and on the Company’s website at www.astralresources.com.au.
The information in this announcement that relates to the Mineral Resources for the Mandilla Gold Project reported
in this announcement were announced in the Company’s ASX announcement dated 21 April 2026 titled " Mineral
Resource Increased to 2.07 Million Ounces - Mandilla Now at 1.74 Million Ounces Gold". The Company confirms
that it is not aware of any new information or data that materially affects the information included in the ASX
announcement dated 21 April 2026 and all material assumptions and technical parameters underpinning the
estimates in the relevant market announcement continue to apply and have not materially changed. The Company
confirms the form and context in which Competent Persons’ findings are presented have not materially changed
from previous market announcements. The reports are available to view on the ASX website and on the
Company’s website at www.astralresources.com.au.
The information in this announcement that relates to metallurgical test work for the Mandilla Gold Project reported
in this announcement were announced in the Company’s ASX announcements dated 28 January 2021, 6 June
2022, 17 September 2024 and 5 March 2025. The Company confirms that it is not aware of any new information
or data that materially affects the information included in the ASX announcements dated 28 January 2021, 6 June
2022, 17 September 2024 and 5 March 2025 and all material assumptions and technical parameters in the
relevant market announcement continue to apply and have not materially changed. The Company confirms the
form and context in which Competent Persons’ findings are presented have not materially changed from previous
market announcements. The reports are available to view on the ASX website and on the Company’s website at
www.astralresources.com.au.
Feysville
The information in this announcement that relates to exploration targets and exploration results for the Feysville
Gold Project is based on, and fairly represents, information and supporting documentation compiled by Ms Julie
Reid, who is a full‐time employee of Astral Resources NL. Ms Reid is a Competent Person and a Member of The
Australasian Institute of Mining and Metallurgy. Ms Reid has sufficient experience that is relevant to the style of
mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a
Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results,
Mineral Resources and Ore Reserves’. Ms Reid consents to the inclusion in this report of the material based on
this information, in the form and context in which it appears.
The information in this announcement that relates to the Ore Reserves for the Feysville Gold Project were
announced in the Company’s ASX announcement dated 25 June 2025 titled “Mandilla Project Pre-Feasibility
Study – Maiden Ore Reserve". The Company confirms that it is not aware of any new information or data that
materially affects the information included in the ASX announcement dated 25 June 2025 and all material
assumptions and technical parameters underpinning the estimates in the relevant market announcement continue
to apply and have not materially changed. The Company confirms the form and context in which Competent
Persons’ findings are presented have not materially changed from previous market announcements. The reports
are available to view on the ASX website and on the Company’s website at www.astralresources.com.au.
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The information in this announcement that relates to the Mineral Resources for the Feysville Gold Project reported
in this announcement were announced in the Company’s ASX announcement dated 1 November 2024 titled
"Astral's Group Gold Mineral Resource Increases to 1.46Moz with Updated Feysville MRE". The Company
confirms that it is not aware of any new information or data that materially affects the information included in the
ASX announcement dated 1 November 2024 and all material assumptions and technical parameters underpinning
the estimates in the relevant market announcement continue to apply and have not materially changed. The
Company confirms the form and context in which Competent Persons’ findings are presented have not materially
changed from previous market announcements. The reports are available to view on the ASX website and on the
Company’s website at www.astralresources.com.au.
The information in this announcement that relates to metallurgical test work for the Feysville Gold Project reported
in this announcement were announced in the Company’s ASX announcement dated 22 May 2025. The Company
confirms that it is not aware of any new information or data that materially affects the information included in the
ASX announcement dated 22 May 2025 and all material assumptions and technical parameters in the relevant
market announcement continue to apply and have not materially changed. The Company confirms the form and
context in which Competent Persons’ findings are presented have not materially changed from previous market
announcements. The reports are available to view on the ASX website and on the Company’s website at
www.astralresources.com.au.
Spargoville
The information in this announcement that relates to exploration targets and exploration results for the Spargoville
Gold Project is based on, and fairly represents, information and supporting documentation compiled by Ms Julie
Reid, who is a full‐time employee of Astral Resources NL. Ms Reid is a Competent Person and a Member of The
Australasian Institute of Mining and Metallurgy. Ms Reid has sufficient experience that is relevant to the style of
mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a
Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results,
Mineral Resources and Ore Reserves’. Ms Reid consents to the inclusion in this report of the material based on
this information, in the form and context in which it appears.
The information in this announcement that relates to the Mineral Resources for the Spargoville Gold Project were
announced in the Company’s ASX announcement dated 7 May 2025 titled "Astral's Group Gold Mineral Resource
Increases to 1.76Moz with the inclusion of Spargoville Gold Project". The Company confirms that it is not aware
of any new information or data that materially affects the information included in the ASX announcement dated 7
May 2025 and all material assumptions and technical parameters underpinning the estimates in the relevant
market announcement continue to apply and have not materially changed. The Company confirms the form and
context in which Competent Persons’ findings are presented have not materially changed from previous market
announcements. The reports are available to view on the ASX website and on the Company’s website at
www.astralresources.com.au.
Previously Reported Results
Exploration Results
The information in this announcement that relates to Exploration Results is extracted from the ASX
Announcements (Original Announcements), which have been previously announced on the Company’s ASX
Announcements Platform and the Company’s website at www.astralresources.com.au. The Company confirms
that it is not aware of any new information or data that materially affects the information included in the Original
Announcements and that all material assumptions and technical parameters underpinning the estimates in the
Original Announcements continue to apply and have not materially changed. The Company confirms that the form
and context in which the Competent Persons’ findings are presented have not been materially modified from the
original announcement.
Pre-Feasibility Study
The information in this announcement that relates to the production target for the Mandilla Gold Project was
reported by Astral in accordance with ASX Listing Rules and the JORC Code (2012 edition) in the announcement
“Mandilla Project Pre-Feasibility Study – Maiden Ore Reserve" released to the ASX on 25 June 2025. A copy of
that announcement is available at www.asx.com.au. Astral confirms it is not aware of any new information or data
that materially affects the information included in that market announcement and that all material assumptions
and technical parameters underpinning the production target, and the related forecast financial information
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derived from the production target in that market announcement continue to apply and have not materially
changed. Astral confirms that the form and context in which the Competent Person's findings are presented have
not been materially modified from that market announcement.
Forward Looking Statements
This announcement may contain certain “forward looking statements” which may not have been based solely on
historical facts but rather may be based on the Company’s current expectations about future events and results.
Where the Company expresses or implies an expectation or belief as to future events or results, such expectation
or belief is expressed in good faith and believed to have a reasonable basis.
However, forward looking statements are subject to risks, uncertainties, assumptions, and other factors which
could cause actual results to differ materially from future results expressed, projected or implied by such forward
looking statements. Such risks include, but are not limited to exploration risk, resource risk, metal price volatility,
currency fluctuations, increased production costs and variances in ore grade or recovery rates from those
assumed in mining plans, as well as political and operational risks in the countries and states in which we operate,
and government regulation and judicial outcomes.
For more detailed discussion of such risks and other factors, see the Company’s other filings. Readers should
not place undue reliance on forward looking information. The Company does not undertake any obligation to
release publicly any revisions to any “forward looking statement” to reflect events or circumstances after the date
of this announcement, or to reflect the occurrence of unanticipated events, except as may be required under
applicable securities laws.
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Appendix 1 – Drill Hole Details
Mandilla Gold Project
Table 3 – Drill hole data
Hole ID Type
Hole Depth
(m)
GDA (North) GDA (East) GDA RL Dip MGA Azmith
AMRCD375 RCDD 599.7 6,527,473 359,273 318.7 -74 220
AMRCD424 DD 615.9 6,527,596 359,245 318.3 -86 220
Table 4 – Drilling intersections
Hole ID Location From (m) To (m) Length (m)
Grade g/t
Au
AMRCD375 Theia 64 69 5 1.61
80 91 11 0.47
101 105 4 0.46
120 125 5 9.92
Includes 1m at 45.2g/t from 121 metres
125.9 139 13.1 0.47
144 153.66 9.66 0.97
159.1 164 4.9 3.99
Includes 0.3m at 46.5g/t from 159.1 metres
172 178 6 0.61
197.7 200.6 2.9 0.30
209 212 3 0.58
216.8 219.1 2.3 0.60
224 227 3 0.81
234.3 239.45 5.1 0.82
248 255 7 0.40
284 333 49 0.90
Includes 0.3m at 20.9g/t from 294.79 metres
337 341 4 0.49
361 383 22 2.73
Includes 0.3m at 133g/t from 382.65 metres
444 449 5 2.02
458 472 14 0.46
484 493 9 0.95
570.6 572 1.4 0.48
AMRCD424 Theia 40.4 45 4.6 0.74
49 53.32 4.32 0.58
61 75 14 0.69
81 99 18 0.82
Includes 0.3m at 15.8g/t from 95.5 metres
108.33 109.2 0.87 2.69
153.0 155.0 2.0 1.84
157.32 157.62 0.3 10.53
16
astralresources.com.au ASX: AAR |
Hole ID Location From (m) To (m) Length (m)
Grade g/t
Au
252 301 49 1.23
Includes 1.1m at 10.3g/t from 257 metres
Includes 0.3m at 14.7g/t from 262 metres
314 335 21 0.57
344 349 5 1.52
Includes 0.3m at 19.0g/t from 347.91 metres
380 385 5 4.14
Includes 1m at 19.1g/t from 382 metres
390 392 2 12.80
Includes 0.3m at 83.5g/t from 390.44 metres
398 408 10 0.72
419 421 2 0.76
455 457.13 2.13 0.53
468 471.7 3.7 0.45
480.95 495.0 14.05 0.64
519 534 15 0.38
543.71 552.41 8.7 1.24
575 596 21 0.76
602 608 6 1.44
17
astralresources.com.au ASX: AAR |
Table 5 – Assay of intervals with logged visible gold
Hole ID From (m) To (m)
Length
(m)
Quartz
Vein %
Alteration
Type
Grade
g/t Au
Commentary on Visible Gold
AMRCD375 148.4 148.7 0.3 1.5 FG 9.14 VG non-sample side
AMRCD375 151.55 151.85 0.3 6 FG 0.35 VG non-sample side
AMRCD375 159.1 159.4 0.3 IGS 46.51 VG sample side
AMRCD375 199.2 199.51 0.31 0.7 IGS 0.06 VG non-sample side
AMRCD375 200.3 200.6 0.3 2 FG 0.92 VG non-sample side
AMRCD375 239.15 239.45 0.3 3.1 IG 9.36 VG non-sample side
AMRCD375 294.79 295.09 0.3 6 IGS 20.91 VG non-sample side
AMRCD375 304.4 304.7 0.3 5 IGS 0.89 VG sample side
AMRCD375 315.62 315.92 0.3 1.5 IGS 2.49 VG non-sample side
AMRCD375 329.2 329.5 0.3 0.2 IGS 6.99 VG non-sample side
AMRCD375 367.9 3
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