Estrella Resources

Estrella Resources Limited (ESR) is a diverse Western Australian based company, focused on the exploration and development of nickel projects and increasing shareholder value.

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Roboto

Estrella Resources Limited Managing Director Chris Daws talks about the Company's ongoing activities in Timor-Leste as he heads back into Timor-Leste after a short break with family. 

Drilling is going well with Estrella working closely with Coresearch (H2O Pump & Power) to establish Timor-Leste's first hard rock minerals exploration industry and ultimately an economic metallic minerals industry. So far, the Company has located numerous high-grade manganese occurrences which will be drill tested. Iri Miri being the first has already delivered considerable hope for a manganese resource with drilling now running continuously (previously 20:10  day roster) with increase in drill crews and facilities to accommodate an ever-growing exploration team.  Quarterly reporting will provide details via ASX week commencing 28th July so keep an eye out for that via the ASX reporting platform.  

Estrella management will be attending and directly participating in the upcoming TLAUCON25 week commencing 4 August 2025 as well as B2B meetings organised by Australia's DFAT. It will provide an opportunity for our management teams to further build on already strong high-level government relationships the team has built over the past 24 months.

Estrella recently announced the exercise of the Ratta Investment option for Tranche 2 shares equating to an additional A$5,000,000 of working capital the Company will have access to post its 15 August 2025 meeting of shareholders. Funds have already been received by the Company, and it is expected that the shareholder meeting on 15 August is just rubber stamping a deal previously approved by shareholders in 2024. It is a stellar result of the past 6 months efforts by management to drive value for its shareholders.   Stay tuned, stay engaged -GO ESTRELLA!

Estrella Resources Limited (ASX:ESR) MD Chris Daws - Update for Shareholders