New Discovery at Soru Manganese Prospect
Released 25 Feb 25
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Announcement summary
New Discovery at Soru Manganese Prospect
Estrella Resources (ASX: ESR) has announced a significant new discovery at the Soru Manganese Prospect in the Lautém Manganese Project, Timor-Leste. The discovery encompasses a large area of tertiary manganese derived from the erosion of secondary manganese found in nearby hills. This discovery includes a layer of alluvial and exposed secondary manganese spanning 1.5km by 700m. Currently, work is ongoing to determine the grade, width, and source of the manganese, with samples being analyzed in Australia.
To facilitate further exploration and resource definition, Estrella is seeking an Environmental License upgrade to allow for trenching and drilling activities. Once authorized, these activities will provide a more detailed understanding of the mineralization and support economic studies. Samples have been transported back to Australia for laboratory analysis, with results expected in late March.
Investors are invited to ask questions about this exciting discovery and the company's next steps in exploring the Soru Manganese Prospect. This development showcases Estrella's successful exploration model and signifies a promising advancement in the Lautém Manganese Project. Stay tuned for updates on this significant progress.
To facilitate further exploration and resource definition, Estrella is seeking an Environmental License upgrade to allow for trenching and drilling activities. Once authorized, these activities will provide a more detailed understanding of the mineralization and support economic studies. Samples have been transported back to Australia for laboratory analysis, with results expected in late March.
Investors are invited to ask questions about this exciting discovery and the company's next steps in exploring the Soru Manganese Prospect. This development showcases Estrella's successful exploration model and signifies a promising advancement in the Lautém Manganese Project. Stay tuned for updates on this significant progress.
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