Estrella Resources Limited (ASX: ESR) has received its first assay results from the Ira Miri manganese prospect in Timor-Leste, confirming high-grade intersections. Key results include 6.45m @ 51.7% Mn (EMDD001), 8.05m @ 53.0% Mn (EMDD002), and 1.5m @ 35.8% Mn (EMDD003). These assays validate earlier discoveries and highlight the potential for significant manganese mineralisation in the region.
The company has adjusted its exploration approach to target both primary and secondary manganese beds within the Noni Formation. Recent drilling (EMDD022 and EMDD023) intersected secondary enriched manganese zones, strengthening the geological model. Estrella is now extending drilling along strike to define mineralisation continuity as part of its maiden campaign, which includes 3,000m diamond and 10,000m RC drilling. With strong assay results, ongoing exploration, and plans to develop a market appraisal parcel of 20,000–30,000 tonnes, Estrella is advancing Timor-Leste’s first modern minerals drilling program.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.