Exceptional Gold Recoveries Achieved at Astral Resources’ Feysville Project

Astral Resources NL-AAR-Mining operations under bright sun.

Astral Resources NL

  • ASX Code: AAR
  • Market Cap: $219,701,358
  • Shares On Issue (SOI): 1,417,428,118
  • Cash: $25,181,000 (as of 31 DECEMBER 2024)
  • This is a special feature article produced for our partner. 

    Astral Resources' Breakthrough Metallurgical Results Unlock Outstanding Gold Recoveries at Feysville Deposits

    In a highly promising development, Astral Resources (ASX: AAR) has announced exceptional metallurgical test results from its wholly-owned Feysville Gold Project near Kalgoorlie. The Kamperman deposit has returned outstanding gold recovery rates of 98.1%, showcasing excellent potential for low-cost, high-recovery gold processing.

    Key Highlights at a glance:

    • Unprecedented gold recoveries of up to 98.1% achieved at Kamperman deposit
    • Rogan Josh deposit demonstrates strong recoveries averaging 91.5% at coarse grind size
    • Maiden Mineral Resource Estimates:
      • Kamperman: 2Mt @ 1.3g/t Au for 83.8koz
      • Rogan Josh: 0.7Mt @ 1.3g/t Au for 27.4koz
    • Results pave way for integration of Feysville as high-value ore sources into upcoming Mandilla Pre-Feasibility Study (Mandilla PFS), due this Quarter

    Metallurgical Results Breakdown:

    Deposit Number of Samples Tested Avg. Gold Recovery (%) Grind Size (µm) Avg. Cyanide Consumption (kg/t)
    Kamperman¹ 5 98.1% (Three Sections) 150 0.41
    Kamperman² 2 87.9% (Copper Affected) 150 1.10³
    Rogan Josh 2 91.5% 150 0.06

    ¹ Three representative samples.
    ² Copper-affected samples, expected to receive higher recoveries upon retesting.
    ³ Higher cyanide consumption due to copper presence.

    Astral Resources' Managing Director Marc Ducler commented:

    "These metallurgical test results clearly demonstrate that the simple, low-cost processing pathway being pursued in the Mandilla PFS will also be suitable for processing Feysville ore. Our intention is clear—we'll incorporate Feysville deposits as high-grade satellite ores, significantly adding value to our proposed 2.5Mtpa Mandilla process plant."

    Investors' Guide: What is Metallurgical Testing?

    Metallurgical Testing is a key stage in mineral project evaluation. It involves laboratory analysis of mineral samples to determine how effectively a mineral—such as gold—can be extracted and recovered from its ore.

    Why it Matters to Investors:

    • High metallurgical recoveries (like the 98.1% obtained by Astral) indicate better potential profitability, lower processing costs, and improved project economics
    • Metallurgical test results impact project valuations significantly, affecting investment returns and overall mine feasibility
    • Metallurgy directly informs the chosen processing technology—a substantial component of both capital and operational expenditure

    Glossary of terms:

    • Free-Milling: Ore type that typically yields high gold recoveries using conventional gravity and cyanidation methods
    • Grind Size (P80): The particle size at which 80% of the material is finer; indicative of energy requirements for grinding
    • Cyanidation: Gold extraction process using dilute cyanide solution

    Robust Forward Momentum: Clear Growth Path & Upcoming Catalysts

    Astral Resources is moving efficiently forward, with clearly outlined project timelines and development milestones:

    • Immediate Retesting of copper-affected samples at Kamperman to push recovery above 90%
    • Mandilla Pre-Feasibility Study Completion scheduled within current quarter
    • Upcoming Drilling Results for Feysville and Mandilla projects expected in near-term

    Project Milestones for Investors:

    Timeline Milestone Location
    Current Quarter Completion of PFS integrating Feysville results Mandilla Project
    Later This Month Assay results from recent air-core drilling Feysville Project
    June Quarter Reverse Circulation drilling results Feysville/Mandilla
    Following RC at Mandilla Commencement of Spargoville RC drilling program Spargoville Project

    Investment Thesis: Why Astral Resources Deserves Investors' Attention

    Astral Resources' Feysville project now offers highly competitive metallurgical results alongside a significant resource profile. This places the company in a strategic growth position among its regional peers, situated in a Tier-1 mining jurisdiction near significant regional deposits such as the KCGM Super Pit and St Ives Gold Mine.

    Astral vs Regional Peer Comparison:

    Metric Astral Resources (Feysville) Peer Average (Regional WA)
    Gold Recovery (%) 98.1% (Kamperman) ~90-94%
    Indicated Resource Grade 1.3 g/t Au ~1.0-1.3 g/t Au
    Cyanide Consumption (kg/t) 0.41 kg/t (average) ~0.5-0.8 kg/t

    Astral is clearly leading in terms of recovery and cost-efficiency metrics, highlighting exciting upside and investor potential.

    Why Investors Should Track Astral Resources' Growth Story Closely

    Investors looking for a compelling gold story should closely follow Astral Resources. The company not only continues to define substantial gold resources but also consistently demonstrates above-average gold recoveries, ensuring the project's commercial viability and profitability potential.

    Top Reasons to Follow Astral Resources:

    • Exceptional Gold Recoveries (98%+) from recent metallurgical results
    • High-grade Mineral Resources at Feysville offering robust economics
    • Strategic Location within Kalgoorlie's gold-rich province
    • Clear Path to integrate Feysville into advanced-stage Mandilla PFS
    • Major Drill Programs and Results Upcoming, offering consistent news flow

    "Astral Resources is becoming one of Western Australia's standout gold development stories, backed by exceptional metallurgical results, robust economics, and an ambitious growth plan. With significant near-term catalysts in drilling results and feasibility study completion, investors should closely follow developments at this exciting gold company."

    Ready to Capture Astral's Golden Opportunity?

    Discover why Astral Resources' exceptional 98.1% gold recoveries and strategic project integration make it one of Western Australia's most compelling gold investment opportunities. For the complete investor presentation and to stay updated on upcoming drilling results and the Mandilla Pre-Feasibility Study, visit Astral Resources' website today and position yourself ahead of this promising gold development story.

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