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REG - East Star Resources - Rulikha IP Survey Results

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RNS Number : 3464I  East Star Resources PLC  13 May 2025

13 May 2025

 

East Star Resources Plc

 

("East Star" or the "Company")

 

Rulikha IP Survey Results

 

Priority 2025 drill target demonstrating strong geophysical anomalies

 

Further to the 24 April 2025 announcement, East Star Resources Plc (LSE:EST),
which is exploring for copper and gold in Kazakhstan, is pleased to announce
the results of the induced polarisation ("IP") survey from the Rulikha high
priority drill target area in East Kazakhstan.

 

This area shows two distinct east-west striking high chargeability trends, in
the same geological units as the known Rulikha Deposit. These anomalies are
large, spanning approximately 1,550m west to east and 1,040m north to south
and are open at depth. They are both strong, with the highest amplitudes
reaching approximately 50m V/V and lie from approximately 100m below surface.

 

 Figure 1 Rulikha IP anomalies

Results from the IP survey of the Talovskoye high priority drill target area
are expected to follow shortly.

 

Alex Walker, East Star CEO, commented:

 

"This large and very strong undrilled IP anomaly is hosted in the same
geological unit as both the Rulikha Deposit, only a few hundred metres to the
south, and the 50Mt-plus Artemyevsky Deposit, approximately 18km to the
northwest. We have all the permissions already in place to test the north and
eastern parts of the target. I'm very much looking forward to getting the
drill rig turning."

 

Survey Details

The Rulikha IP Survey was conducted as a 100m pole-dipole in a north-south
line direction on 200m line spacing and a 1,600m line length at a frequency of
0.125Hz. Measurements were carried out in a profile-based configuration using
a three-electrode forward and reverse setup (AMN-MNA), with simultaneous
recording on 32 channels and electrode spacing of 100 m.

 

Smart Geophysics from Kazakhstan conducted the survey using GDD GRx8-32
receivers and the GDD Tx4 transmitter. Quality control and interpretation was
conducted by Mitre Geophysics Pty Ltd out of Australia.

 

 

East Star Resources Plc

Alex Walker, Chief Executive Officer

Tel: +44 (0)20 7390 0234 (via Vigo Consulting)

 

SI Capital (Corporate Broker)

Nick Emerson

Tel: +44 (0)1483 413 500

 

Vigo Consulting (Investor Relations)

Ben Simons / Peter Jacob

Tel: +44 (0)20 7390 0234

 

About East Star Resources Plc

 

East Star Resources is focused on the discovery and development of copper and
gold in Kazakhstan. East Star's management are based permanently on the
ground, supported by local expertise. The Company is pursuing three
exploration strategies:

 

·    A Volcanogenic Massive Sulphide (VMS) discovery with a maiden JORC
MRE of 20.3Mt @ 1.16% copper, 1.54% zinc and 0.27% lead, in an
infrastructure-rich region, amenable to a low capex development

·    Copper porphyry and epithermal gold exploration, with multiple
opportunities for Tier 1 deposits, initially supported by an initial US$500k
grant from BHP Xplor in 2024.

 

·    Sediment-hosted copper exploration with Getech where the initial
targeting strategy is at no cost to East Star.

 

Visit our website:

www.eaststarplc.com (http://www.eaststarplc.com)

 

Follow us on social media:

LinkedIn: https://www.linkedin.com/company/east-star-resources/
(https://www.linkedin.com/company/east-star-resources/)

 

X (formerly Twitter): https://twitter.com/EastStar_PLC
(https://twitter.com/EastStar_PLC)

 

Subscribe to our email alert service to be notified whenever East Star
releases news:

 

www.eaststarplc.com/newsalerts (http://www.eaststarplc.com/newsalerts)

 

The person who arranged for the release of this announcement was Alex Walker,
CEO of the Company.

 

This announcement contains inside information for the purposes of Article 7 of
Regulation 2014/596/EU which is part of domestic UK law pursuant to the Market
Abuse (Amendment) (EU Exit) Regulations (SI 2019/310) ("UK MAR"). Upon the
publication of this announcement, this inside information (as defined in UK
MAR) is now considered to be in the public domain.

 

Competent Person Statement

 

Scientific or technical information in this disclosure related to exploration
was reviewed by Dr Tremain Woods, a full-time employee of Discovery Ventures
Kazakhstan Ltd, a 100% owned subsidiary of East Star Resources PLC. Dr Woods
is a member in good standing with the Geological Society of South Africa. He
has sufficient experience that is relevant to the commodity, style of
mineralisation or type of deposit under consideration and activity which he is
undertaking to qualify as a Competent Person under the JORC code (2012
Edition).

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