Astral Resource (ASX: AAR) – a long-term Kalgoorlie explorer
COMPANY SCOREBOARD
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ABOUT COMPANY
Astral Resources (AAR) (https://astralresources.com.au/) explores gold and base metal projects in Western Australia. Its flagship Mandilla Gold Project in the Kambalda region.
In Feb 2025, the company acquired MXR via a script merge which valued MXR at around $31m. MXR had a resource of 6.886m@1.5 g/t for 335,040.
CAPITAL STRUCTURE
| ASX Code | Share Price | Shares | Option (In) | Market Cap | Cash/Asset ($m) |
| AAR | 0.155 | 1368715590 | 212150916.45 | 24/0 |
| Holders No | Top 20 (Cur) | Top 20 (Pre) | Director Hold | Performance Right | Note |
| 2073 | 49.42% | 49.37% | 3.35% | 18445705 | last raise $25m@9.5c; pre raise $7m@5c |
the largest shareholder, John Jones (Porter Street Investments) retired in 2021.
COMPANY ASSETS
The Mandilla Gold Project Kalgoorlie WA (14.2 km2)
Below are the project’s resources:
OTHER ASSETS
Feysville Gold Project Kalgoorlie WA
Carnilya Hill Gold Project Kalgoorlie WA
Nothing happens.
SUMMARY
Its hard to tell the reserves yet.