New Supergene Manganese Discovery
Released 17 Nov 24
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Announcement summary
New Supergene Manganese Discovery
Estrella Resources Limited (ASX: ESR) announces two new in-situ supergene manganese discoveries in Timor-Leste. The Ira Miri Prospect and Sica Prospect show high-grade manganese mineralization. Ira Miri, located 4.4km SE of Sica, exhibits 57.5% and 63.4% Mn grades in XRF analysis. Estrella's exploration model successfully predicted these discoveries and will be further tested with geophysics. The Company's MD, Chris Daws, highlights the potential for developing high-grade manganese deposits and commends the accuracy of the exploration model.
The secondary supergene manganese found at Ira Miri and Sica provides significant size potential, enhancing the Company's prospects. Further geophysical surveys, including Induced Polarisation, will be conducted. The Company aims to refine its exploration model with upcoming IP surveys. The Company plans to conduct mapping activities and deploy the IP system extensively in manganese prospects.
Shareholders will be updated as more information becomes available, and the Board has authorized this announcement for release. For further inquiries or information, please contact Managing Director Christopher J. Daws. Estrella remains dedicated to advancing its exploration efforts in Timor-Leste, utilizing cutting-edge methodologies and technology to unlock the full potential of its manganese projects.
The secondary supergene manganese found at Ira Miri and Sica provides significant size potential, enhancing the Company's prospects. Further geophysical surveys, including Induced Polarisation, will be conducted. The Company aims to refine its exploration model with upcoming IP surveys. The Company plans to conduct mapping activities and deploy the IP system extensively in manganese prospects.
Shareholders will be updated as more information becomes available, and the Board has authorized this announcement for release. For further inquiries or information, please contact Managing Director Christopher J. Daws. Estrella remains dedicated to advancing its exploration efforts in Timor-Leste, utilizing cutting-edge methodologies and technology to unlock the full potential of its manganese projects.
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