Astral Resources Says Proposed Western Australia Gold Deposit Joint Venture on Target for Cash Flow in June 2027 Quarter

MT Newswires Live

Jul 27

Astral Resources (ASX:AAR) said the proposed joint venture with Mineral Mining Services for the Think Big gold deposit in Western Australia, part of the Feysville project, is on target to produce cash flow during the June 2027 quarter, subject to finalizing commercial terms, according to a Monday Australian bourse filing.

It completed nine diamond drill holes for 4,816 meters during the June quarter for the Theia Deeps program at the Mandilla gold project in Western Australia, testing for depth extensions of the ore body below the current Stage Five open pit design. A total of 148 holes for 14,782 meters of reverse circulation drilling were completed during the period.

Settlement of the AU$850,000 acquisition of the Mandilla Homestead, a freehold parcel of land located approximately 500 meters from the Mandilla project, is scheduled for on or around Aug. 10.

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A total of 148 holes for 14,782 meters of reverse circulation drilling were completed during the period.</p><p>Settlement of the AU$850,000 acquisition of the Mandilla Homestead, a freehold parcel of land located approximately 500 meters from the Mandilla project, is scheduled for on or around Aug. 10.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4168","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2654009286","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2654009286","pubTimestamp":1785133100,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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