Business news

    Estrella Resources (ASX:ESR) unearths high-grade manganese in Timor-Leste's Laut?m Project

    Article Image

    Estrella Resources discovered high-grade manganese at its Lautém Project in Timor-Leste.

    Initial rock-chip samples, predating the granting of exploration and evaluation licenses, yielded a manganese assay of 60.8% among four samples tested, indicating substantial mineralisation potential within the 503.7km2 leases.

    Estrella Resources is progressing with regional reconnaissance mapping and training a new geological team in Timor-Leste.

    The company aims to finalise its joint venture agreement, which will indicate further exploration and potential development in Timor-Leste's mineral sector.

    Disclaimer

    Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relates to your unique circumstances. Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on the information provided directly or indirectly by use of this platform.

    Publisher
    Grafa