Timor-Leste to welcome drill rig ahead of maiden campaign
Released 03 Apr 25
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Announcement summary
Timor-Leste to welcome drill rig ahead of maiden campaign
Estrella Resources (ASX: ESR) has announced a significant partnership with CoreSearch Minerals and Mining Services to establish mineral drilling capability in Timor-Leste, marking a milestone in the country's Minerals Exploration and Mining Industry. The drilling program, set to kick off in May, will focus on manganese prospects at Ira Miri, Sica, and Lalena. CoreSearch, with its extensive expertise in Timor-Leste, is bringing in a custom rig and equipment to support exploration efforts. Estrella's investment in this venture, treated as an unsecured loan, underscores its commitment to unlocking the region's mineral potential. The Company looks forward to leveraging this collaboration to pioneer exploration in Timor-Leste and deliver value to shareholders. For more information, feel free to reach out to Managing Director Chris Daws at +61 8 9481 0389 or via email at info@estrellaresources.com.au. Investors are welcome to inquire about the progress and implications of this exciting development.
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