Astral Resources NL reported the final results from the recently completed diamond drilling campaign at its 100%-owned Mandilla Gold Project (Mandilla or Project), located approximately 70km south of Kalgoorlie in Western Australia. Assay results have been returned for the final four DD holes completed, one of which tested the sub-ordinate north trending high-grade gold trend on the eastern flank of the Theia deposit while the other three were designed to test the stratigraphy of the shear-controlled Hestia deposit. The result on the eastern flank of Hestia supports the interpretation of the north trending high-grade gold trend previously identified in this area and provides significant encouragement for upcoming in- fill RC drilling.

Results received for the four final diamond drill (DD) holes at the Theia (one hole) and Hestia (three holes) deposits, part of the 100%-owned Mandilla Gold Project near Kalgoorlie. At Theia, the best results in MDRCD652 include 5.08m at 5.92g/t Au from 182.85m, including 0.3m at 19.94g/t Au from 182.85m and 0.3m at 76.87g/t Au from 186.97m. The high-grade result in MDRCD652, provides encouragement for in-fill drilling in the New Year when the reverse circulation (RC) drill rig will be returned to Mandilla.

At Hestia, the best results include: 20.70m at 1.13g/t Au from 80.3m, including 0.7m at 21.91g/t Au from 81.7m and, further down-hole, 13.2m at 0.81g/t Au from 111.0m in MDRCD653. 12.85m at 1.24g/t Au from 87.0m, including 0.3m at 28.8g/t Au from 90.0.3m and 0.3m at 10.93g/t Au from 99.55m and, further down-hole, 11.35m at 1.42g/t Au from 118.90m in MDRCD654. Additionally, DD at Hestia provides important stratigraphic context for the next phase of RC drilling scheduled to commence in the New Year.

DD is progressing at Feysville with the first hole completed of a 9-hole (1,500 metre) program. The updated Mandilla Mineral Resource Estimate (MRE) is expected to be finalised in December 2022.