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5 stories mentioning ASX:ESRUpdated 34d ago

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Estrella Resources Says Electromagnetic Survey Completed at East Timor Manganese Project; Shares Up 4%

Estrella Resources (ASX:ESR) said an unmanned aerial vehicle passive electromagnetic geophysical survey was completed at its Ira Miri manganese project in East Timor, according to a Friday Australian bourse filing.Results from the survey are expected to rank and prioritize deeper drill targets beneath and adjacent to the current Ira Miri pit as well as refine the company's geological and structural model of the Ira Miri manganese system, per the filing.The company's shares rose nearly 4% in recent trading on Friday.

ASX:ESR
Asia

Estrella Resources Names CEO as Managing Director

Estrella Resources (ASX:ESR) Chief Executive Officer Robert Mencel was appointed managing director of the firm in line with its leadership transition program, effective immediately, according to a Friday Australian bourse filing.Chris Daws will remain with the firm as a nonexecutive director.

ASX:ESR
Asia

Estrella Resources Begins Electromagnetic Survey at East Timor Manganese Project

Estrella Resources (ASX:ESR) began a mobile magnetotellurics unmanned aerial vehicle (UAV) passive electromagnetic geophysical survey at its Ira Miri manganese project in East Timor, according to a Tuesday Australian bourse filing.The survey is designed to investigate extensions to the known manganese mineralization and determine if a larger mineralized system is present. The system acquires near-continuous passive electromagnetic data with effective sampling intervals of around five meters, per the filing.

ASX:ESR
Asia

Estrella Resources Declares Maiden Inferred Mineral Resource at East Timor Limestone Project

Estrella Resources (ASX:ESR) declared a maiden inferred mineral resource of 621 million tonnes at its Werumata limestone project in East Timor, according to a Thursday Australian bourse filing.The resource contains 493 million tonnes of high-grade limestone suitable for sale as an acid neutralization agent at an average acid neutralization capacity of 83.2%, 33 million tonnes of lower-grade limestone suitable for industrial uses at an average acid neutralization capacity of 35.6%, and 95 million tonnes of high-silica material suitable for road paving, construction aggregate, road base, and rockfill, with an average silicon dioxide content of 58%.Open-cut mining is the only economically feasible extraction method, and all three products are direct shipping ores that require only crushing and screening.Its shares rose over 2% in recent trading on Thursday.

ASX:ESR
Asia

Estrella Resources Recieves AU$4 Million Under Tranche Two Of Listed Options Underwriting Agreement, Shares Fall 3%

Estrella Resources (ASX:ESR) received the final AU$4 million under the second tranche of its listed options underwriting agreement with its counterparty, Million Link (China) Investment, according to a Monday Australian bourse filing.Estrella will now complete its payment terms to Million Link.Under the agreement, Million Link underwrote the exercise of a total of 445 million options, equalling AU$8 million before costs.Its shares fell 3% in recent trading on Monday.

ASX:ESR

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