Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEast Star Reso Regulatory News (EST)

Share Price Information for East Star Reso (EST)

Share Price is delayed by 15 minutes
Get Live Data
4.15    -0.05 (-1.19%)
Bid:
4.10
Ask:
4.20
Spread: 0.10 (2.439%)
Market Cap: £22.83m
EST Live PriceLast checked at - London Stock Exchange

Intraday East Star Reso Share Chart

VMS Drilling Update

16 Sep 2025 07:00

RNS Number : 4231Z
East Star Resources PLC
16 September 2025
 

16 September 2025

 

East Star Resources Plc

 

("East Star" or the "Company")

 

VMS Drilling Update

 

Sulphides logged in every hole; assays pending

 

East Star Resources Plc (LSE:EST), which is exploring for copper and gold in Kazakhstan, is pleased to provide an update on drilling activities, which have been ongoing at the Company's VMS copper targets and the Verkhuba Copper Deposit ("Verkhuba") in East Kazakhstan since mid-June.

 

The Company has completed its current drill programme with 2,302.8 m of drilling across nine holes over the three target areas:

 

· RU_25_DD001 - drilled to 400.3m, located at the northern end of the Rulikha IP anomaly

· TAL_24_DD001 - drilled to 305.5m at the Talovskoye West IP anomaly

· VU_25_DD009 - VU_25_DD-015 - drilled a total of 1,597m targeting the central orebody and resource extensions to the shallowest part of the resource model at Verkhuba (see Figure 1)

 

Drilling has now been completed with five of the holes logged, cut, sampled and sent to the ALS laboratory in Karaganda, Kazakhstan, for assay. The remaining four holes will be sent over in the coming weeks, with assay results expected from the end of Q3 and into Q4 2025.

 

Although assay results are pending, East Star is pleased to confirm that all holes have recorded sulphides in the target formations. Most notably, mineralisation was observed outside of the current resource envelope at Verkhuba where four drill holes focussed on extending the shallowest part of the deposit to the north.

 

East Star is planning further exploration work at all three locations, including geophysical surveys and follow-up drilling.

 

Alex Walker, East Star CEO, commented:

 

"Drilling has been conducted safely and on budget, with mineralisation observed in all holes. We look forward to receiving the assay results and, for Verkhuba, updating the resource model in Q4 2025.

 

In addition to drilling in the East region, East Star has also had field teams out in the Karaganda region, visiting more than 20 targets, prospective for copper/gold porphyry and epithermal gold deposits, derived from our participation in the BHP Xplor programme in 2024. Several applications have been lodged as a result of this work, which we expect to update the market on in Q4 2025.

 

Further work has also been undertaken at the Snowy epithermal gold target, including site visits and sampling by Australian specialists in epithermal gold deposits. We are pleased with the prospectivity of this licence and will provide an update on this work in the near future."

Figure 1: Recent drill locations into the central formation of Verkhuba and step-out holes drilled to the north of the shallowest mineralisation where the best open pit economics can be achieved. The resources are shown as grade (%CuEq) x thickness, with orange and red colours representing the thickest, highest-grade ore in the resource model.

 

East Star Resources Plc

Alex Walker, Chief Executive Officer

Tel: +44 (0)20 7390 0234 (via Vigo Consulting)

 

SI Capital (Corporate Broker)

Nick Emerson

Tel: +44 (0)1483 413 500

 

Vigo Consulting (Investor Relations)

Ben Simons / Peter Jacob

Tel: +44 (0)20 7390 0234

 

About East Star Resources Plc

 

East Star Resources is focused on the discovery and development of copper and gold in Kazakhstan. East Star's management are based permanently on the ground, supported by local expertise. The Company is pursuing multiple exploration strategies:

 

· Volcanogenic massive sulphide (VMS) exploration, which to date includes a deposit with a maiden JORC MRE of 20.3Mt @ 1.16% copper, 1.54% zinc and 0.27% lead, in an infrastructure-rich region, amenable to a low capex development

· Copper porphyry and epithermal gold exploration, with multiple opportunities for Tier 1 deposits, initially supported by an initial US$500k grant from BHP Xplor in 2024

 

 

Visit our website:

www.eaststarplc.com

 

Follow us on social media:

LinkedIn: https://www.linkedin.com/company/east-star-resources/

 

X: https://x.com/EastStar_PLC

 

Subscribe to our email alert service to be notified whenever East Star releases news:

 

www.eaststarplc.com/newsalerts

 

The person who arranged for the release of this announcement was Alex Walker, CEO of the Company.

 

This announcement contains inside information for the purposes of Article 7 of Regulation 2014/596/EU which is part of domestic UK law pursuant to the Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310) ("UK MAR"). Upon the publication of this announcement, this inside information (as defined in UK MAR) is now considered to be in the public domain.

 

Competent Person Statement

 

Scientific or technical information in this disclosure related to exploration was reviewed by Dr Tremain Woods, a full-time employee of Discovery Ventures Kazakhstan Ltd, a 100% owned subsidiary of East Star Resources PLC. Dr Woods is a member in good standing with the Geological Society of South Africa. He has sufficient experience that is relevant to the commodity, style of mineralisation or type of deposit under consideration and activity which he is undertaking to qualify as a Competent Person under the JORC code (2012 Edition).

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UPDGPUACBUPAPUA
Date   Source Headline
16th Oct 202310:02 amRNSHoldings in Company
5th Oct 20233:33 pmRNSHolding(s) in Company
2nd Oct 20237:26 amRNSPlacing to Raise £540,000 to Advance VMS Licences
20th Sep 20237:00 amRNSDrilling Update: Verkhuba Copper Deposit
10th Jul 20237:00 amRNSVerkhuba Copper Deposit Drilling Contract
29th Jun 202312:25 pmRNSResult of AGM
16th Jun 20237:00 amRNSRare Earth Metallurgical Results
7th Jun 20232:35 pmRNSNotice of AGM
26th Apr 20237:00 amRNSDalny Licence Drilling Results, Kazakhstan
18th Apr 20237:00 amRNSFinal Results
3rd Apr 20237:00 amRNSTalairyk Rare Earths Project Update, Kazakhstan
30th Mar 20232:16 pmRNSChange of Financial Year End
21st Mar 20237:01 amRNSPublication of Investor Presentation
21st Mar 20237:00 amRNSExploration Target: Verkhuba Cu-Zn-Pb Deposit
1st Mar 20237:00 amRNSAdoption of Long-Term Incentive Plan
21st Feb 20237:00 amRNSTalairyk Rare Earths Project Update
13th Feb 20237:00 amRNSApmintas Licence Drilling Results, Kazakhstan
7th Feb 20234:57 pmRNSHolding(s) in Company
1st Feb 20234:40 pmRNSSecond Price Monitoring Extn
1st Feb 20234:35 pmRNSPrice Monitoring Extension
25th Jan 20237:00 amRNSSubstantial Copper-Lead-Zinc Deposit Identified
19th Dec 202210:59 amEQSEast Star Resources' year 'nothing short of exceptional'
28th Nov 202211:06 amRNSSecond Price Monitoring Extn
28th Nov 202211:00 amRNSPrice Monitoring Extension
17th Nov 20227:00 amRNSHeli EM Survey Results, Rudny Altai Licences
16th Nov 20227:00 amRNSTalairyk Rare Earths Project Drilling Update
15th Nov 20224:40 pmRNSSecond Price Monitoring Extn
15th Nov 20224:35 pmRNSPrice Monitoring Extension
15th Nov 20222:06 pmRNSSecond Price Monitoring Extn
15th Nov 20222:00 pmRNSPrice Monitoring Extension
9th Nov 20227:00 amRNSChu-Ili Gold Belt Drilling Update
12th Oct 20227:00 amRNSDrilling to Commence on Rare Earths Project
13th Sep 202211:05 amRNSSecond Price Monitoring Extn
13th Sep 202211:00 amRNSPrice Monitoring Extension
31st Aug 20227:00 amRNSRock Chip Results, Rudny Altai, Kazakhstan
23rd Aug 20227:00 amRNSHalf-year Report
18th Aug 20227:00 amRNSDrilling Update, Kazakhstan
15th Aug 20227:00 amRNSThree New VMS Licences Awarded
8th Aug 20227:00 amRNSNew Rare Earths Licence Awarded
28th Jul 20222:05 pmRNSSecond Price Monitoring Extn
28th Jul 20222:00 pmRNSPrice Monitoring Extension
25th Jul 20227:00 amRNSCommencement of Diamond Drilling, Apmintas Licence
6th Jul 20224:40 pmRNSSecond Price Monitoring Extn
6th Jul 20224:36 pmRNSPrice Monitoring Extension
6th Jul 20227:00 amRNSHeli EM Survey on Rudny Altai Licences Completed
30th Jun 20227:00 amRNSRock Chip Results from Dalny Licence, Kazakhstan
26th May 202212:07 pmRNSResult of AGM
25th May 20227:00 amRNSHeli EM Survey on Rudny Altai Licences
18th May 20227:00 amRNSFarm-In to IAC Heavy Rare Earths Project
16th May 20222:05 pmRNSSecond Price Monitoring Extn

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.