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Estrella Resources Ltd has been conducting diamond drilling at the Carr Boyd Nickel Project, located 80 kilometres from Kalgoorlie in Western Australia.
Estrella Resources Ltd (ASX:ESR) has successfully completed a placement to institutional and sophisticated investors to raise $1.36 million at $0.04 per share.
Estrella Resources Ltd (ASX:ESR) this week pounced on the historic Carr Boyd Nickel Project, which was mined by Great Boulder Mines and WMC in the 1970's.
Estrella Resources Ltd (ASX:ESR) has been granted a trading halt by the ASX, pending details of an acquisition.
Estrella recently commenced reverse circulation drilling at the Mt Edwards Lithium Project, which is located in Western Australia.
The parties have agreed to establish the preliminary framework of cooperation to acquire, explore, develop and finance a mineral asset portfolio in Australia.
The project is situated 40 kilometres south of Neometals’ (ASX:NMT) Mt Marion Lithium mine, which is currently in production.
Estrella Resources Ltd (ASX:ESR) has an acquisition on the table, with the ASX granting the company a trading halt to prepare.