Estrella Resources Secures Two Exploration, Evaluation Licenses in East Timor; Shares Up Over 3%

MT Newswires Live

6小時前

Estrella Resources (ASX:ESR) was awarded two new exploration and evaluation licenses of 50 square kilometers, the MEL2025-CA-ZE002 concession, in East Timor by the Autoridade Nacional dos Minerais Timor-Leste, according to a Wednesday Australian bourse filing.

The maiden export of a 100-tonne high-grade manganese bulk sample from the Ira Miri open pit received conditional approval, and the sample will be delivered via road to an Indonesian customer for processing in a manganese smelter.

Its shares rose over 3% in recent trading on Wednesday.

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