News Articles for Astral Resources

Mid-cap developer Astral Resources has announced it will raise $65 million in order to fast-track development across its Mandilla, Feysville and Spargoville gold projects.

The gold stock wants to work with Mineral Mining Services to fast-track gold at Think Big by 2026.

Astral boosted its total gold inventory to 1.76 million ounces after bringing the Spargoville project into the fold.

Gold-focused Astral Resources has filed documents to merge with Maximus Resources courtesy of an all-scrip off-market offer.

In this edition of Bulls N' Bears Big Hits, we examine some notable drill hits revealed on the ASX, including Cygnus Metals' 9.1 per cent copper hit at its Canadian Chibougamau Copper-Gold project. Brazilian Critical Minerals has another interesting drilling program underway at its Ema rare earths project in Brazil, as does Astral Resources at its Mandilla gold project near Kalgoorlie in Western Australia.

Gold miner Beacon Minerals has raised its March 2025 quarterly production guidance, on the back of a solid end to 2024.

In this week's edition of Bulls N' Bears Big Hits we examine some notable drill intercepts on the ASX including Astral Resources' 25m hit at 24.3g/t gold that contains 3m going a stellar 177 g/t gold. We also take a look at Core Lithium's results from its Shoobridge gold-lithium project in the NT and Arika Resources' Yundamindra project in WA.

South Perth-based junior Astral Resources plans to raise $25 million in order to further accelerate exploration at its Mandilla and Feysville gold projects in the Goldfields.

In order to advance its Goldfields-based Mandilla and Feysville gold projects, Astral Resources has announced it will raise $7 million courtesy of a share placement.

Our board moves wrap includes Mark Connelly, Leigh Warnick, Martina Merz, and Sharon Thorne.

Auric Mining's Jeffreys Find gold project near Norseman in Western Australia has kept the company's till ringing with another $1.65 million banked after it sold 1448 ounces to take its stage-one share to a more-than-expected $3.85 million. The Jeffreys Find “pot of gold”, which is expected to keep pouring out next year, will fund Auric's development of its bigger-play Munda gold project.

Our board moves wrap includes Stephen Gerlach, Kevin Reid, Justin Osborne, David Coyne, Tejal Magan, David Baumgartel, Peter Evans, and Colin McCavana.

Our board moves wrap includes John Jones, Max Johnston, Bruce McHarrie, Krista Bates, Jean-Sebastien Boutet, Phillip Gallagher, John Welborn, Warwick Davies, Richard Nicholls-Maltman, James Eggins, Peter Meagher, Simon Jackson, Robyn Elliott, and Neville Gardiner.

Anglo Australian Resources has tabled an impressive 33 per cent increase in the mineral resource estimate for its flagship Mandilla gold project in WA. Mandilla now boasts a JORC resource of 19.8 million tonnes at 1.0 gram per tonne gold for 664,600 ounces of contained gold. The company already has the rods turning again as it embarks on the next massive 55,000m drilling blitz.

Anglo Australian Resources continues to intersect gold with extensional drilling at its Mandilla gold project in WA. Eye-catching widths and impressive grades include a staggering 64.57 metres grading 3.49 grams per tonne gold from 190m at Mandilla East. An update to the mineral resource estimate has commenced. The company believes recent results are likely to add significantly to the resource.

Anglo Australian Resources has received a final payment from AuKing Mining for a 25 per cent stake in a joint venture covering base metals at its Koongie Park project about 20km south-west of Halls Creek in WA's eastern Kimberley region. Anglo Australian retains the right to explore for and develop gold and other precious metals deposits within the Koongie Park project area.

Anglo Australian Resources has tabled an impressive maiden resource for its flagship Mandilla gold project in WA, with the company defining over 500,000 ounces of gold. The milestone is the culmination of nearly 18 months of solid exploration, with the company having now outlined gold mineralisation over more than 2.5 kilometres of strike and down to 300 metres below surface.

ASX-listed Anglo Australian Resources has delivered further stellar gold hits at the Mandilla gold project in WA, with a maiden resource estimate due for release shortly. The new drill intercepts at Mandilla East have extended the known mineralisation by 130m to the south and include 66m going 1.77 grams per tonne gold. Results from nearly 10,000m of drilling remain pending.

Anglo Australian Resources continues to build an impressive ensemble of gold discoveries at its Mandilla project in WA. The company's latest batch of results have delivered broad intercepts of gold mineralisation from infill drilling over the Mandilla East Main Zone including an eye-catching 83 metres grading 1.47 grams per tonne gold from 96m down-hole.

Anglo Australian Resources continues to pump out high-grade gold hits, as it charges towards a maiden resource over its Mandilla gold project in WA. Drilling at Mandilla East has returned a series of impressive results, with the latest batch including an impressive 18 metres at 4.74 grams per tonne gold from 54m and 29m at 1.81 g/t gold from 105m down-hole.

A frustrating wait from assay labs gave way to satisfaction as in-fill and extensional drill results at Anglo Australian's Mandilla project near Kambalda pointed to wide mineralised zones to the north of the project which remains open at depth and along strike. The company is now awaiting results from drilling at the Mandilla East zone before a short march to a maiden resource at project.

ASX-listed gold explorer, Anglo Australian Resources, has added a second RC drill rig to its exploration program chasing extensions to the known mineralisation at its 100 per cent-owned, historic Mandilla gold project, 70km south of Kalgoorlie in Western Australia. In a rush to firm up some fresh gold resource numbers, Anglo has the drill rods spinning in tandem at both the Mandilla East and South targets.

Anglo Australian Resources is seeking to raise $14 million for its gold project near Kalgoorlie, while fellow explorers Ardea Resources and Surefire Resources have also announced capital raisings.

ASX-listed gold explorer, Anglo Australian Resources, has continued to hit some very encouraging deep, down-plunge extensions to the known mineralisation at its historic Mandilla gold project 20km south-east of Kambalda, with further wide auriferous zones encountered at Mandilla East.

ASX-listed gold explorer, Anglo Australian Resources, has bought out a couple of legacy third-party royalties that had been hanging over its historic Mandilla gold project 20km south-east of Kambalda in WA. The Perth-based company has now cleared the decks for a potential mine development as it advances towards a maiden resource estimate for Mandilla in the December quarter.

Anglo Australian Resources has encountered deep extensions to the known mineralisation at its Mandilla gold project 20km south-east of Kambalda, with visible gold showing up in its latest diamond drill core. The company says this is indicative of a significant “nugget effect” within the gold mineralisation at the Mandilla East discovery.

Anglo Australian has entered into a farm out agreement with ASX-listed AuKing Mining that will see AuKing earn up to 75 per cent of its Koongie Park base metals project in WA's north by paying A$1m in cash and spending $3m on exploration over three years. Anglo said cash proceeds from the deal will be used to advance its flagship Mandilla gold project near Kambalda.

Anglo Australian Resources Mandilla gold project near Kambalda is rapidly taking on a new complexion with seriously long, high grade intersections now rolling off the drill bit at will. Latest numbers include 26m at 8.29 g/t gold from 76 metres down-hole. Exploration, including DroneMag, has identified a range of new targets and extended the discovery zone to nearly 3 km of strike.

Anglo Australian Resources has managed to get a drilling program going at its Mandilla project near Kalgoorlie in WA as many mining and exploration companies come to terms with operational restrictions as a result of COVID-19. The company has started on a program of three diamond drill “tails” that will test the extents of gold mineralisation at Mandilla East to 200m. It will also drill 27 RC holes at the project.

Gold explorer Anglo Australian has received commitments to raise $5.5 million through a share placement to fast-track exploration at its wholly-owned Mandilla project in Western Australia.

In what looks like a herculean effort, Anglo Australian has locked in $5.5m from investors in the worst market conditions for years. Investors shook off Monday's “flash crash” this week to back Anglo's vision of developing its Mandilla gold project near Kalgoorlie, underscoring the project's potential prospectivity. Putting his money where his mouth is, new Anglo MD, Marc Ducler, led the way with a $250k personal commitment to the raise.

Anglo Australian Resources seemingly can't miss at its Mandilla project near Kalgoorlie in WA after it again hit eye wateringly long gold mineralised intersections at the project during infill drilling. With gold now looking to be settled at well over A$2,000 per ounce, Anglo's latest hits including 45m grading 2.33g/t gold from 82m downhole are looking seriously lucrative.

A summary of the smaller deals from last week, which did not get included in our daily news coverage.

Our board moves wrap includes Leigh Warnick, Marc Ducler, John Jones, Peter Stern, David Varcoe, Graeme Smith, Andrew Barclay, Matt Hardisty, Matthew Banks, Alexander Hewlett, Zane Lewis, Simon Jenkins, Brad Underwood, Mathew Whyte, and Mark Strizek.

Metallurgist and mining executive, Marc Ducler, has taken the helm at Anglo Australian Resources whilst experienced mining lawman, Leigh Warnick, has been appointed Chairman. John Jones, Peter Stern and David Varcoe will remain on the board as part of a pre-Xmas peace deal that saw the warring parties place their batton's back in their knapsacks and appoint the largely independent team of Ducler and Warnick to spearhead the company.

David Sanders has been appointed an alternate director for Matt Hardisty at Anglo Australian Resources.

Our board moves wrap includes Andrew Barclay, Matt Hardisty, Melissa Chapman, Matthew Foy, Tim Markwell, Michael Atkins, Debra Bakker, James Wallbank, Simone Suen, Greg Miles, Janet Wicks, RuCai Ding, ShaoFeng Li, Peter Watson, Peter Main, Daniel Harris, David Riekie, and John Hodder.

It is difficult to know just how many golden secrets Anglo Australian's Mandilla Gold project might still be hiding with recent drilling potentially identifying an 800-metre-long new target in the “Western Zone”, with results like 37m @ 1.64g/t gold from 104m. The new Western Zone is just to the west of Anglo's Mandilla East deposit which is also growing in stature and size.

Our daily board moves wrap includes David Varcoe, Mark Maine, Neville Bassett, David Porter, Marc Ducler, Kelvin Flynn, David Berg, Brendon Morton, Jonathan Downes, Gary Comb, Klaus Eckhof, Michael Montgomery, David Nour, Patrick Burke, Michael Davy, Jurie Wessels, and James Clement.

Anglo Australian has shown that its previously announced 112m drill hit near Kambalda going 1.5 g/t gold was no fluke. This week, the John Jones led explorer has hit pay dirt again with a 163m drill intersection grading 1.75 g/t gold. Confidence is now building in the consistency and tonnages of the gold mineralisation at Anglo's Mandilla East project where the rods will be turning for some time.