01/09/2026
Astral Resources NL (ASX: AAR) has released the assays from the 92-hole (5,229m) in-fill RC program completed by MMS at the Think Big deposit, part of the Feysville Gold Project near Kalgoorlie, which MMS is developing under a fully-funded Joint Venture with Astral.
Results have returned broad zones of high-grade, near-surface supergene gold across multiple sections, including:
– 11m @ 7.34g/t Au from 38m
– 12m @ 5.89g/t Au from 30m
– 3m @ 10.0g/t Au from 21m
– 27m @ 1.36g/t Au from 41m
The average assay grade across the program was 1.78g/t Au, against the 1.2g/t Au at which Think Big was modelled in the Mandilla PFS.
This is the first major milestone under our fully-funded Development Joint Venture with Astral, under which MMS funds 100% of the development costs and manages the project through to production.
Astral Resources' Managing Director, Marc Ducler, commented: "We have made tremendous recent progress towards the development of the Think Big deposit as an early cash-flow opportunity through our proposed mining Joint Venture with MMS. Permitting is also advancing, with the NVCP approved within six months of submission, which was ahead of our internal schedule. Think Big remains on track for development in the March Quarter of 2027, with revenue expected in the June Quarter of 2027."
Our Chief Development Officer, Emma Edwards, added: "This is a really strong result and full credit to the crew who drilled it. Think Big is shaping up well and we are on track for mining in the March quarter."
Fully funded, drilled out and on track. We look forward to getting it done.