DILI, 28 February 2025 (TATOLI) – Estrella Resources (ASX: ESR) has announced a significant new discovery at the Soru Manganese Prospect in the Lautém Manganese Project, in Timor-Leste.
The discovery encompasses a large area of tertiary manganese derived from the erosion of secondary manganese found in nearby hills. This discovery includes a layer of alluvial and exposed secondary manganese spanning 1.5km by 700m.
Currently, work is ongoing to determine the grade, width, and source of the manganese, with samples being analyzed in Australia.
This development showcases Estrella’s successful exploration model and signifies a promising advancement in the Lautém Manganese Project.
Commenting on the new discoveries Estrella Managing Director Chris Daws said: “We are very pleased to report the discovery of extensive surficial alluvial manganese at the newly identified Soru Manganese Prospect which have come about through the development of Estrella’s exploration model which is now being tested and proving highly successful.”
“This is a promising development and our team is currently working to ascertain the grade, width, and source of the manganese,” he said.
Daws said that to facilitate further exploration and resource definition, “we are in the process of upgrading our Environmental License to enable trenching and drilling activities. The necessary environmental assessment documents are being prepared to support this upgrade. Once authorised, we will be able to undertake the necessary ground-disturbing activities to gain a more detailed understanding of the mineralisation and move forward with economic studies.”
He said that Estrella has already transported several indicative samples back to Australia for laboratory analysis.
“We look forward to sharing the results with our shareholders as they become available. This is yet another exciting step forward for Estrella as we continue to progress the Lautém Manganese Project,” Daws concluded.
Estrella Resources Limited (ESR) is a minerals exploration and development company focused on emerging manganese assets in Timor-Leste as well as advanced minerals projects in Western Australia.
Estrella was one of only four entities (and one of just two ASX-listed companies) from a pool of global applicants to be successful, being awarded three Exploration and Evaluation Concessions (initially totalling 121.5 km2) in the Lautém Municipality, north-east Timor-Leste.
Related: News: Estrella completes A$3.75 million placement to fund Drilling Program in Timor-Leste
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