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Estrella Resources (ASX: $ESR) identifies 27km manganese host formation

Exploration Update in Timor-Leste


Estrella Resources Limited (ASX: $ESR) has announced an update on its exploration activities in the Lautém Municipality of Timor-Leste. The preliminary geological reconnaissance within the newly granted 503.7km2 tenure has defined prospectivity for Manganese (Mn) and Copper-Gold (Cu-Au). The Noni Formation, spanning over 27km within Estrella's Lautém project, has been identified as the host to extensive manganese mineralisation. The company's Managing Director, Chris Daws, expressed excitement about the high-grade manganese mineralisation already located at the surface, closely associated with the 27km long exposure of the Noni Formation.

Executive Commentary on Exploration Progress


Our initial exploration work is continuing to prove very exciting with over 27km strike of the manganese host Noni Formation having been defined from historical maps within our Lautém project. The very high-grade manganese mineralisation already located at surface is closely associated with the 27km long exposure of the Noni Formation. Estrella has secured a site in Dili for our team to work with the samples that are being collected in the field with a small office and sample preparation area established. Select samples will be returned to Australia for standard laboratory analysis as standard reference checks. This will alleviate sample bottlenecking and vastly improve analysis times to enable exploration to progress at a much faster pace. I look forward to providing regular updates as we continue to progress our exploration campaigns across our 503.7km2 of tenure in Timor-Leste.

Exploration Update Summary


Estrella Resources Limited (ASX: $ESR) has identified a significant 27km manganese host Noni Formation within its Lautém project in Timor-Leste. The company's exploration activities have revealed high-grade manganese mineralisation closely associated with the Noni Formation, with a 60.8% Mn assay identified as mineralisation associated within the Noni formation. Additionally, the company has also identified Cu and Au occurrences associated with the Legumau Range within the Lautém project. Estrella's in-country team is systematically conducting geological mapping and sampling to further explore the potential of the identified Noni Formation. The company is mobilising crushing and other laboratory equipment to Timor-Leste to expedite the exploration process. Estrella's Managing Director, Chris Daws, expressed enthusiasm about the progress and looks forward to providing regular updates as the exploration campaigns continue across their tenure in Timor-Leste.

ESTRELLA RESOURCES LIMITED
ESR | ASX | Materials
0.0040(+0%)
At close 05/07 (AEDT)
Market cap
$7.0M
Volume
323,650
DY Yield
0
PE Ratio
0
52 Week Range
0.003 - 0.01
1YR Return
-96.8%

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