High-Grade Copper, Manganese, Nickel and Silver Discoveries
Summary
Estrella Resources recently announced high-grade copper, manganese, nickel, and silver discoveries in Timor-Leste. Exploration activities revealed copper-bearing oxidized massive sulphide at Sica prospect, with significant grades recorded. The newly defined Daudere prospect, located nearby, also showed oxidized copper mineralization and consistent high-grade manganese samples. These findings suggest a potential relationship between the two prospects within a large geological dome. Preliminary Magneto Telluric drone survey results from Ira Miri are promising, with further data processing ongoing. Managing Director Robert Mencel expressed satisfaction with the results so far and highlighted the significance of the Laleno Dome.
Estrella reported high-grade copper, nickel, silver, and manganese rock-chip assay results from their mineral concessions in Timor-Leste. The firm has various exploration licenses and concessions in the region, allowing for continued systematic exploration. Estrella plans to expand exploration to include copper and precious metals, with upcoming activities at Ira Miri and other prospects. The sale of the trial manganese parcel is progressing well, with multiple interested parties. Shareholders will be kept informed of progress, and potential investors are encouraged to inquire further about the ongoing exploration efforts and findings.
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