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Astral Resources NL (ASX:AAR)

ALERT: Price-sensitive ASX Announcement for AAR
Current share price for AAR : $0.130 -0.085 (-39.53%)+
Release
28 Oct 2025 8:42AM
Price at Release
$0.215
Full Release
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Summary
Astral Resources NL (ASX: AAR) announced key appointments to advance their Mandilla Gold Project towards development and operations. The appointments include Jed Whitford as Chief Operating Officer and Mathew Wilson as General Manager – Mandilla. GR Engineering Services has been appointed to conduct the Definitive Feasibility Study (DFS) for the project, with completion expected by mid-2026 and a Final Investment Decision by the September 2026 Quarter. Debt advisory will be handled by Taylor Collison. The project aims for first gold production by the end of 2027.
Key Points
  • Jed Whitford appointed as Chief Operating Officer.
  • Mathew Wilson appointed as General Manager – Mandilla.
  • GR Engineering Services to undertake the DFS.
  • DFS completion expected by mid-2026.
  • Final Investment Decision targeted for September 2026 Quarter.
  • Debt financing advisory by Taylor Collison.
  • First gold production planned by the end of 2027.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.