Astral Resources NL has issued a detailed update on its ongoing drilling and exploration activities at the Feysville Gold Project, located in Western Australia near Kalgoorlie. The company’s comprehensive drilling campaign in 2025 has focused on multiple targets, most notably at the Kamperman deposit, where a series of reverse circulation (RC) holes have delivered promising intersections that reinforce the interpretation of high‐grade gold mineralisation occurring along sheared ultramafic and porphyry contacts. Assay results from several holes show intervals such as 16 metres at 2.08 g/t gold (with a 1-metre interval at 14.5 g/t gold) and further follow-up holes confirming extensions of these high-grade structures. The technical report also details the 313-hole air-core (AC) program across the broader tenement package, which has delineated additional gold anomalies across areas including Empire Rose, the Central Feysville Anticline, and the Southern Feysville region. The announcement provides a wealth of technical information, outlining drilling parameters such as hole depths, spacing (ranging from 20 metres in RC drilling up to composite sampling over 4 metres in AC drilling), and quality control measures including the use of PhotonAssay analysis at ALS. Detailed logs and cross sections accompany the assay data, highlighting intersections that have been used to build a more refined geological model of the deposit. In addition, the company disclosed consolidated JORC 2012 mineral resource estimates across its Mandilla, Feysville, and Spargoville projects, bringing the total resource to approximately 1.76 million ounces of contained gold. The update underscores that the deposit remains open both along strike and at depth, further justifying plans for additional reverse circulation and diamond drilling programs. Looking ahead, Astral Resources NL has outlined further work on the Mandilla Gold Project and the newly acquired Spargoville tenement, where a 10,000-metre exploration program is planned to test extensions along the Spargoville Shear Corridor—an area with a notable historical record, including high-grade intersections from previous mining operations. The technical review emphasizes that follow-up drilling will continue to refine the geological model and expand the current resource base, with structured sampling and assay protocols designed to ensure consistency and reliability of the data. From a sentiment perspective, the technical excellence and encouraging drill intersections provide a bullish signal for investors. The detailed drilling results, robust quality control, and significantly large resource estimates enhance the project’s potential to generate incremental value. Additionally, planned follow-up programs in key areas add to the exploration pipeline, suggesting a promising exploration upside. On the bearish side, there are inherent risks typical of exploration projects, such as the uncertainty of converting drill intersections into economically viable production and the potential for gold price volatility. However, the systematic scientific approach, transparent reporting, and solid technical indicators mitigate some of these concerns, potentially positioning the company for long-term growth in a gold-rich region.