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FINWIRES

Estrella Resources Says Mobile Magneto-Telluric Drone Survey at East Timor Project Generates Prospective Targets

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Estrella Resources (ASX:ESR) said a mobile magneto-telluric drone survey completed at the Ira Miri project in East Timor generated new, prospective targets, according to a Wednesday Australian bourse filing.

The survey identified multiple high-conductivity anomalies. The strongest of these anomalies appear as "plumes" extending upwards from depth, and these have a spatial relationship with the Laleno Dome, possibly representing hydrothermal-fluid pathways that deposited sulfide mineralization.

It plans to conduct a 3,000-meter reverse circulation and diamond-tails drilling campaign to test three compelling targets.

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