
Astral Resoures’ pre-feasibility study on track for June
2025-03-07
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Astral Resources NL (ASX:AAR) managing director Marc Ducler talked with Proactive about the latest gold recovery results from the Mandilla Gold Project in Western Australia. He shared insights into recent metallurgical test work at the Theia prospect, where 87% gravity recovery and 98% overall recovery were achieved within 24 hours. Ducler highlighted that these strong results support the upcoming mineral resource estimate and pre-feasibility study.
The company is optimising the resource estimate using a A$3,500 gold price and current mining and processing cost assumptions. The updated resource model is expected within two weeks, with the pre-feasibility study targeted for release in the June quarter.
Ducler also provided an update on Astral’s takeover of Maximus Resources, which has reached a 72% acceptance level. The acquisition adds 330,000oz to Astral’s resource base and provides future infrastructure opportunities.
Additionally, the company has active drilling programs, including diamond drilling at Camp Man, an air core program at Feysville, and a 46-hole RC drilling campaign set to begin shortly.
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