Estrella Resources Completes East Timor Manganese Project Category B Market Appraisal Extraction Program, Shares Up 3%

MT Newswires Live

05/11

Estrella Resources (ASX:ESR) said the Category B market appraisal extraction program was completed at the Ira Miri manganese project in East Timor, according to a Monday Australian bourse filing.

The Ira Miri stage one stockpile inventory currently totals around 27,371 tonnes, based on surveyed stockpile volumes, measured bulk density, and stockpile assay reconciliation. This includes around 4,984 tonnes of high-grade material grading over 49% of manganese.

In-situ ultra-high-grade manganese mineralization was confirmed up to over 60% grade of manganese in pit sampling.

Its shares rose 3% in recent trading on Monday.

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