Theia Deeps Drilling Delivers Highest Ever Assay Grade
Released
Released
Announcement PDF
ASX Announcement
ASX: AAR 10 NOVEMBER 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 DRILLING DELIVERS HIGHEST-EVER ASSAY
GRADES WITHIN WIDE ZONES OF GOLD MINERALISATION
Results include 0.34m at 1,146g/t Au within 31m at 13.5g/t Au and 0.3m at 317g/t Au within 40m
at 3.3g/t Au
HIGHLIGHTS
Mandilla Gold Project
• Diamond drilling (DD) delivers exceptionally high-grade assay results as well as wide zones of
strong gold mineralisation from the Theia Deeps drilling program at the cornerstone 1.4Moz1
Theia Deposit at the Mandilla Gold Project in WA.
• Assay results for three DD holes totalling 1,796 metres drilled have been received.
• Best results for AMRCD468A include:
• 31m at 13.5g/t Au from 288m including 0.34m at 1,146.3g/t Au from 305.57m
• 1.97m at 7.65g/t Au from 359.83m
• Best results for AMRCD514 include:
• 13m at 1.41g/t Au from 298m
• 2m at 16.5g/t Au from 434m
• 2m at 16.2g/t Au from 517m
• 38m at 0.84g/t Au from 572m
• Best results for AMRCD515 include:
• 40m at 3.30g/t Au from 332m including 0.3m at 317.0g/t Au from 337.9m
• 15m at 1.31g/t Au from 384m
• 111m at 1.12g/t Au from 424m
• 39m at 1.01g/t Au from 496m
• The Theia Deeps DD program is ongoing with assay results pending for AMRCD516 and
AMRCD575. A further DD hole, AMRCD615, is currently being drilled.
•
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)
2
astralresources.com.au ASX: AAR |
Astral Resources’ Managing Director Marc Ducler said:
“The Theia Deeps drill program has delivered some exceptionally high-grade individual assays along
with broad zones of gold mineralisation, reinforcing the significant endowment of the Theia mineral
system and the potential to grow the current Resource.
“Drill-hole AMRCD468A returned a standout intersection of 31m at 13.5g/t Au from 288m which is
within the current Inferred Mineral Resource. The hole included the highest-ever gold assay result
returned at Theia of 0.3m at 1,146.3g/t Au from 305.57m.
“In addition, AMRCD515, which was drilled as an in-fill hole, returned 40m at 3.30g/t Au from 332m
and 15m at 1.31g/t Au from 384m – with both intercepts sitting within the current Inferred Mineral
Resource – plus a very significant extension at depth below the base of the April 2026 MRE open pit
shell of 111m at 1.12g/t Au from 424m.
“We also recently completed drill-hole AMRCD575 on this same section. While assays for this hole are
pending, based on results from recent nearby drilling, the visual logging of quartz veining and the visible
gold in this hole all combine to indicate another strong result.
“The focus of the Theia Deeps program has switched to in-fill within the main gold mineralisation ore
shoot. A further four holes have been added to the program to achieve a 60m x 60m drill density within
this area which is a designed spacing to support the potential declaration of Inferred Mineral Resources
at depth. Meanwhile, the Theia Reverse Circulation (RC) in-fill drill program is also continuing.
“Looking ahead, the phased 55-hole/10,000 metre RC program at the Spiders Deposit at Spargoville is
now scheduled to commence in the March 2027 Quarter, once the Theia in-fill program is completed,
while the DD rig will be moved to Kamperman for a 3-hole exploration and 3-hole geotechnical program
in early December.”
Astral Resources NL (ASX: AAR) (Astral or the Company) is pleased to report assay results for a
further three 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), located 70km south of
Kalgoorlie in Western Australia (Figure 1).
Cautionary Statement: Visual estimates of mineral abundance should never be considered a proxy
or substitute for laboratory analyses where concentrations or grades are the factor of principal
economic interest. Visual estimates also potentially provide no information regarding impurities or
deleterious physical properties relevant to valuations.
JOIN ASTRAL RESOURCES’ INVESTOR HUB
Visit Astral Resources' Investor Hub or scan the QR
code to be a part of Astral’s interactive hub.
Click here to see the latest announcement.
3
astralresources.com.au ASX: AAR |
Figure 1 – Map illustrating the location of the Mandilla, Spargoville and Feysville Gold Projects.
MANDILLA DIAMOND DRILLING UPDATE
The Theia Deeps DD program testing depth extensions of the cornerstone 1.4Moz1 Theia Deposit has
achieved considerable success, with the program expanded on several occasions and now
encompassing a planned 25 holes for 13,400 metres.
To date, significant depth extensions have been identified. The ongoing Theia Deeps program is now
focused on in-filling these depth extensions to a drill spacing considered appropriate to potentially
support mineralisation being classified as Inferred Mineral Resources as part of an upcoming Theia
Mineral Resource Estimate (MRE) update.
An isometric view showing the drill-hole collar locations for the DD program is shown in Figure 2.
4
astralresources.com.au ASX: AAR |
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 AMRCD468A, AMRCD514 and AMRCD515, totalling 1,796.5 metres, have now
been received.
5
astralresources.com.au ASX: AAR |
AMRCD515
AMRCD515 was drilled as an in-fill hole on the same section as the previously drilled AMRCD260 and
AMRCD376, which returned best results of 52.6m at 1.48g/t Au from 389.4m (AMRCD260) and 45m
at 1.38g/t Au from 389m (AMRCD376).
In the target zone (0mRL to -250mRL), the hole spacing is approximately 60 metres.
Best results for AMRCD515 include:
• 40m at 3.30g/t Au from 332m including 0.3m at 20.9g/t Au from 339.98m, 0.3m at 317.0g/t Au
from 337.9m, 0.3m at 10.9g/t Au from 343.87m, 0.3m at 14.5g/t Au from 352.5m and 0.32m at
12.9g/t Au from 360.68m
• 15m at 1.31g/t Au from 384m including 0.3m at 48.7g/t Au from 385.9m
• 111m at 1.12g/t Au from 424m including 1m at 15.4g/t Au from 468m and 0.3m at 23.3g/t Au from
511.3m
Cross-section A-A’, as located in Figure 2, is shown below in Figure 3.
Cautionary Statement: Visual estimates of mineral abundance should never be considered a proxy
or substitute for laboratory analyses where concentrations or grades are the factor of principal
economic interest. Visual estimates also potentially provide no information regarding impurities or
deleterious physical properties relevant to valuations.
6
astralresources.com.au ASX: AAR |
Figure 3 – Cross-section view of the Theia Deposit showing AMRCD515 and AMRCD575 with the previously
released AMRCD260 and AMRCD376
A significant zone of gold mineralisation has been delineated on this section in multiple holes, which
highlights further potential to grow the Mineral Resource at depth.
AMRCD575 was also recently drilled on this section as a down-dip, 60 metre eastward step. While
assay results are pending for this hole, logging of the diamond core appears to demonstrate that a
7
astralresources.com.au ASX: AAR |
similar extension of gold mineralisation is possible at depth, with quartz veining (right of trace) and
logged visible gold (left of trace) shown in Figure 3 above.
AMRCD468A
DD hole AMRCD468A was drilled on the same section as AMRCD377 and AMRCD378, with the three
DD holes drilled approximately 60 metres apart.
AMRCD377 and AMRCD378 have previously returned 23m at 2.39g/t Au from 418m and 33m at
5.02g/t Au from 450m (AMRCD377) and 52.75m at 4.67g/t Au from 445.25m (AMRCD378).
AMRCD468A was drilled up-dip as a 60-metre westward step from AMRCD378.
AMRCD468A intercepted the western edge of the main mineralised pipe, returning best results
including:
• 31m at 13.5g/t Au from 288m including 1m at 12.6g/t Au from 299m and 0.34m at 1,146.3g/t Au
from 305.57m
• 1.97m at 7.65g/t Au from 359.83m including 1.17m at 12.5g/t Au from 359.83m
Drill hole AMRCD468A also returned the highest-ever assay grade at the project with 0.3m at
1,146.3g/t Au from 305.57m, intersected within a typical Theia cm-scale, shallow south-west quartz
vein.
Cross-section B-B’, as located in Figure 2, is shown below in Figure 4.
Cautionary Statement: Visual estimates of mineral abundance should never be considered a proxy
or substitute for laboratory analyses where concentrations or grades are the factor of principal
economic interest. Visual estimates also potentially provide no information regarding impurities or
deleterious physical properties relevant to valuations.
8
astralresources.com.au ASX: AAR |
Figure 4 – Cross-section view of the Theia Deposit showing AMRCD468A with the previously released AMRCD377
and AMRCD378.
9
astralresources.com.au ASX: AAR |
AMRCD514
AMRCD514 was drilled on the same section as AMRCD261 and AMRCD262. The hole was drilled as
a down-dip 60-metre eastward step.
AMRCD261 and AMRCD262 previously returned intercepts of 54m at 2.38g/t Au from 316m
(AMRCD261) and 30m at 0.97g/t Au from 470m and 25m at 1.67g/t Au from 546m (AMRCD262).
Best results for AMRCD514 include:
• 8m at 1.09g/t Au from 267m
• 13m at 1.41g/t Au from 298m including 0.3m at 19.6g/t Au from 301.95m and 0.3m at 15.0g/t Au
from 308.59m
• 21m at 0.92g/t Au from 329m
• 2m at 16.5g/t Au from 434m including 0.82m at 40.2g/t Au from 434m
• 25.88m at 0.73g/t Au from 484.62m including 0.3m at 10.2g/t Au from 486.92m
• 2m at 16.2g/t Au from 517m including 0.3m at 106.4g/t Au from 517.6m
• 38m at 0.84g/t Au from 572m including 1m at 14.4g/t Au from 579m
AMRCD514 has returned mineralisation both at the base of the April 2026 MRE open pit shell and
deeper, further demonstrating the potential for continued growth of the Mineral Resource.
Cross-section C-C’, as located in Figure 2, is shown below in Figure 5.
10
astralresources.com.au ASX: AAR |
Figure 5 – Cross-section view of the Theia Deposit showing AMRCD514 with the previously released AMRCD261
and AMRCD262
11
astralresources.com.au ASX: AAR |
CURRENT AND FUTURE EXPLORATION WORK PROGRAMS
Both Reverse Circulation (RC) and DD rigs continue operating at Mandilla.
The ongoing DD program has recently been further expanded to 25 holes (13,400m), with six holes
remaining. The remaining holes are focused on achieving a 60m x 60m drill density within the main
pipe of gold mineralisation at Theia, where a significant vertical extension of the gold mineralisation has
recently been delineated.
The DD rig will be moved to Kamperman (Feysville) in early December to complete a 3-hole exploration
program and a 3-hole geotechnical program (approximately 1,800m in total).
The Theia Deeps program will re-commence in January 2027 and is expected to be completed in the
March 2027 Quarter.
In-fill RC drilling of the Theia Stage 1 open pit is ongoing, with the program expected to be completed
in the December 2026 Quarter.
The Spiders RC program, originally scheduled for the current December Quarter, has been delayed to
allow completion of the Theia in-fill drilling. The Spiders (Spargoville) RC program will commence early
in the January 2027 Quarter.
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
12
astralresources.com.au ASX: AAR |
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).
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 gold2 for the Mandilla Gold Project.
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 grinding3,4.
2
- 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)
3
ASX Announcement 6 June 2022 “Outstanding metallurgical test-work results continue to de-risk Mandilla.”
4
ASX Announcement 17 September 2024 “Outstanding metallurgical results further de-risk Mandilla.”
13
astralresources.com.au ASX: AAR |
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 billion5. 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).
The Company is currently progressing a Definitive Feasibility Study for Mandilla (Mandilla DFS). The
Mandilla DFS is forecast for completion during the March Quarter 2027, with the projected timing reliant
on the completion of native title heritage surveys, which are required for the submission of approval
documentation.
Simultaneously, the Company is pursuing an early mining opportunity at the Think Big deposit at
Feysville, which could produce cash flow during the June Quarter 2027.
A map of Mandilla illustrating both the local area geology and mineral deposits is set out in Figure 6.
5
Mandilla Project Pre-Feasibility Study – Maiden Ore Reserve (refer to Astral ASX Announcement dated 25 June 2025)
14
astralresources.com.au ASX: AAR |
Figure 6 – Map of Spargoville and Mandilla Gold Projects on local area geology.
15
astralresources.com.au ASX: AAR |
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)
Mandilla6
34.3 0.9 1,000,000 34.3 0.9 1,000,000
Feysville6
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)
Mandilla2
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
Feysville7
- - - 3.5 1.3 144,000 1.5 1.1 53,000 5.0 1.2 196,000
Spargoville8
- - - 5.1 1.1 186,000 3.4 0.9 95,000 8.5 1.0 281,000
Total 1.3 1.3 57,000 41.2 1.1 1,422,000 24.5 0.9 735,000 67.0 1.0 2,214,000
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 a 0.40 g/t Au lower cut-off for Mandilla, Spiders, Eagles Nest, 8500N and 5B, and a 0.39g/t Au lower
cut-off grade for Feysville and the remainder of Spargoville and is constrained within pit shells derived using a gold price of A$4,500 per ounce
for Mandilla, Spiders, Eagles Nest, 8500N and 5B, A$3,500 for the remainder of Spargoville and A$2,500 per ounce for Feysville.
6
Mandilla Project Pre-Feasibility Study – Maiden Ore Reserve (refer to Astral ASX Announcement dated 25 June 2025)
7
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).
8
Spargoville JORC 2012 Mineral Resource Estimate: 5.1Mt at 1.1g/t Au for 186koz Indicated Mineral Resources and 3.4Mt at 0.9g/t Au for
95koz Inferred Mineral Resources (refer to Astral ASX announcement dated 9 October 2026).
16
astralresources.com.au ASX: AAR |
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.
17
astralresources.com.au ASX: AAR |
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 9 October 2026 titled "Substantial Increase in Mineral
Resources at Spargoville Project, WA Following Re-Estimation of Key Deposits". 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 9 October 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.
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 pro
Share your feedback
Discover