Astral Resources to present Mandilla Gold Project at investor conference

Astral Resources NL managing director, Marc Ducler, will present at the Resources Rising Stars Gold Coast Investor Conference on Thursday, 18th September 2025. The presentation will focus on advancing the Mandilla Gold Project towards a multi-decade 100kozpa gold mining development.

The Mandilla Pre-Feasibility Study (PFS) projects a long-life mine with 95kozpa gold production over an initial 12-year period at a gold price of A$4,250/oz, yielding a pre-tax NPV8 of A$1.4 bn and pre-tax free cash flow of A$2.8 bn with a payback period of approximately 12 months. At a gold price of A$5,500/oz, the pre-tax NPV8 rises to A$2.3 bn, and pre-tax free cash flow to A$4.2 bn, with an estimated payback of around 8 months. The project boasts a robust 1.1Moz maiden Probable Reserve and a growing Mineral Resource inventory of 1.8Moz.

The company's strong balance sheet and experienced management support its development goals in the Kalgoorlie Goldfields. A Definitive Feasibility Study (DFS) is currently underway, alongside an aggressive exploration program targeting resource definition, growth, and new discoveries, including recent positive drill results from the Theia deposit and the Spargoville project.