Australia's Astral Resources hits 3-week high on gold finds in WA

Astral Resources NL

12/04/2023 05:05

** Shares of Astral Resources  AAR.AX  rise as much as 7.2%
to A$0.089, their highest level since March 22
    ** Co says drilling at Hestia deposit in its Mandilla
project in Western Australia (WA) confirms presence of more gold
than previously estimated 
    ** Managing Director Marc Ducler says team is confident the
next update on Hestia's mineral resource estimate will have "a
significant increase both in terms of ounces and grade"
    ** Drilling at Kamperman prospect at its Feysville project
in WA also intersected high-grade gold
    ** As of last close, stock up 15.3% YTD

 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com))