Estrella Resources Confirms Potential Of Lautém Project With 60.8% Manganese Assay

Estrella Resources Ltd (ASX: ESR) has confirmed the potential for high-grade manganese at its Lautém Project in Timor-Leste following the release of rock-chip assays of up to 60.8% manganese.

In November 2023, Estrella was awarded three Mining Concessions in the Lautém Municipality of Timor-Leste in the Country’s inaugural Minerals Tender 2023.

Estrella entered a binding Memorandum Of Understanding (MOU) with state-run Murak Rai Timor, E.P. (MRT).

MRT is free-carried 30% in a joint-venture partnership with Estrella up to the publication and approval of a Definitive Feasibility Study on a Mining Concession.

The company has documented manganese exposures across the 503.7 square kilometre leases in Lautém where no modern exploration has previously been undertaken.

High-grade results

Four samples were taken during an initial visit to the area in January 2024 to gauge the potential of surficial and outcropping manganese mineralisation.

The results were from initial rock-chip samples taken before the historical granting of the EELs and Reconnaissance Permits (PLs) in Timor-Leste.

The samples were brought back to Australia and sent to ALS in Malaga where they underwent analysis.

Results of samples taken within Estrella’s Exploration and Evaluation Licenses (EELs).

JV agreement to be finalised this quarter

The company is working with state-owned Murak Rai Timor with the finalisation of a JV agreement expected early this quarter.

Estrella Managing Director Chris Daws said: “The exploration potential across our recently granted tenure in Timor-Leste is significant. Our team has already located very high-grade manganese mineralisation at the surface with work continuing.”

Next steps

Regional reconnaissance mapping and sampling has started with Estrella currently training its new in-country geological team following the historical granting ceremony.

Estrella is mobilising crushing and other laboratory equipment to Timor-Leste.

This will test and report multi-element pXRF results from within the country, including the use of the portable ppb gold detection system.

Select samples will be returned to Australia for standard laboratory analysis as standard reference checks.

This will alleviate sample bottlenecking and vastly improve analysis times to enable exploration to progress at a much faster pace.

 

Articles of Interest