Ann: Timor-Leste Tenement Upgrades Granted, page-2

Estrella Converts Reconnaissance Permits to Exploration & Evaluation Licenses on the Back of Strong Exploration Results
HIGHLIGHTS ➔ Four Reconnaissance Permits converted to Exploration and Evaluation Licenses (Figure 1) ➢ Initial Reconnaissance completed with manganese & limestone prospectivity considered very high ➢ Exploration License holding in Lautém Municipality increases from 121.5 km2 to 268.7 km2 ➢ Conversion enables areas to be explored using ground-disturbing techniques such as drilling and trenching ➢ Limestone mineralisation added to converted Exploration and Evaluation Licenses