Estrella Resources (ASX: ESR) has commenced a series of investor visits to its growing list of high-grade manganese prospects located in Timor-Leste over the next two weeks.
“I am very pleased with the international interest in Estrella and what we are uncovering within our exploration concessions in Timor-Leste in such a short time since we took possession of these assets in March 2024,” Managing Director, Chris Daws, said.
“We have commenced site visits with interested parties to assist Estrella and its JV to develop what looks to be turning into a fantastic manganese opportunity on the doorstep to South-East Asia.
“I believe Timor-Leste can be a world player in the supply of sea-borne high-grade manganese and we are doing everything possible to make this a reality.
“I appreciate the continued great work of our teams in the field, the support of our Timor-Leste partners and the government bodies charged with the development of an exploration and mining industry in Timor-Leste.”
The aim of the visits is to bolster the company’s support to explore and hopefully develop these exciting new opportunities as the in-country geological team continues to locate surficial manganese mineralisation.
Any transaction proposals that are provided to Estrella (if any), will require consultation with our JV partner Murak Rai Timor E.P., the pertinent government statutory authorities and our shareholders.
The company will host visits to the Com Deep-Sea Port, the Sica Prospect and the Japanese Port stockpile and additional exploration application areas.
