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ASTRAL RESOURCES NL - Discussion

Astral Resources NL is an Australia-based gold exploration and base metals company. The... Astral Resources NL is an Australia-based gold exploration and base metals company. The Company's projects include Mandilla Gold Project, Feysville Project and Carnilya Hill Project. Its flagship Mandilla Gold Project (Mandilla) is located approximately 70 kilometers (km) south of Kalgoorlie in Western Australia. Mandilla hosts a Mineral Resource Estimate (MRE) of 37 metric tons (Mt) at 1.1 grams per ton of gold (g/t Au) for 1.27 million ounces (Moz) of contained gold. Mandilla's deposits include Theia, Iris, Eos and Hestia. It is also advancing exploration activities at its Feysville Gold Project (Feysville), which is located around 14 km south of the KCGM Super Pit in Kalgoorlie. Feysville hosts a MRE of 3 Mt at 1.3 g/t Au for 116 thousand ounces (koz) of contained gold. The Company has 100% of the gold rights in Carnilya Hill Gold Project, which includes various tenements - M26/047-049, M26/453 representing an aggregate area of approximately 2.65 square kilometers.More