Astral Resources says Theia drilling confirms Mandilla upside
Melbourne, Victoria
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November 09, 2023 12:30 PM Eastern Standard Time
Astral Resources NL (ASX:AAR) MD Marc Ducler tells Proactive the company has intersected more high-grade gold in infill drilling at the Theia deposit of the flagship Mandilla Project in Western Australia, including results of 32 metres at 1.74 g/t gold and 1 metre at 35.35 g/t. The reverse circulation program was conducted over 5,531 metres across 37 holes, targeting infill data to support a mineral resource estimate update for the deposit (released in July), extensional data on the eastern flank, and drill collars for deeper diamond drilling.
“Following the release of the July 2023 MRE update and the September 2023 Mandilla scoping study, the exploration team has been busy with several drill programs across both Mandilla and Feysville,” Ducler said.
“These latest RC infill drill results further demonstrate our ability to continually grow the resource base at Theia – which is already a significant deposit in terms of its scale – and, as demonstrated by the scoping study, a very significant deposit in terms of its potential profitability.”
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