Estrella Resources Limited (AU:ESR) has released an update.
Estrella Resources Limited has reported the discovery of the high-grade Dasidara manganese prospect in Timor-Leste, with assay results showing up to 58.4% manganese content. The prospect’s manganese is of exceptional quality, with low phosphorous and optimal iron-to-manganese ratios, making it attractive for smelting operations. The company is preparing for further trenching and drilling to quantify these promising findings amid a backdrop of surging manganese demand and prices.
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