Astral Resources reports strong Mandilla gold hits - ICYMI

Core Insights - Astral Resources NL has reported high-grade gold results from the Theia deposit at the Mandilla Gold Project in Western Australia, indicating strong potential for the project [1][6][7] - The company is focused on de-risking the stage one open-pit development, with expectations of significant cash flow upon commencement of operations in a favorable gold price environment [2][8] Drilling Results - Recent assays from Theia deposit include notable intercepts: 18.00 metres at 6.70 grams per tonne (g/t), 39.00 metres at 3.00 g/t, and 19.00 metres at 3.80 g/t [1][7] - A new exploration target, Theia West, has shown promising early results with initial drilling returning 1.00 metre at 24.00 g/t and 3.00 metres at 4.00 g/t, including 1.00 metre at 10.00 g/t [3][9] Exploration Potential - The mineralized structure at Theia West may extend over two kilometers, suggesting a significant exploration corridor [4][10] - Parallel drilling activities are ongoing at the Kamperman deposit, targeting high-grade zones, while diamond drilling at Theia has intersected known mineralization [4][12] Future Expectations - Remaining infill results and initial diamond assays are anticipated before the end of the year, with lab turnaround times of two to three weeks [5][13] - The company is optimistic about additional high-grade mineralization being demonstrated in upcoming results [11][12]