East Star Resources (LSE:EST) has outlined a new Independent JORC-compliant Exploration Target for the Rulikha Deposit in Kazakhstan, estimating an upper range of 23 million tonnes at 2.4% copper equivalent. The target suggests the deposit could host more than 550,000 tonnes of contained copper, marking a substantial potential boost to the company’s overall copper inventory.
The update underscores the deposit’s attractive characteristics — shallow, high-grade copper mineralisation, multiple valuable by-products, and strong local infrastructure. However, East Star notes that water availability and environmental permitting remain key hurdles. Should the target ultimately be upgraded to a formal JORC resource, Rulikha could effectively triple the company’s copper inventory, supporting a large-scale operation with the potential to deliver meaningful benefits to surrounding communities.
More about East Star Resources
East Star Resources focuses on exploring and developing copper and gold assets across Kazakhstan. Its portfolio spans volcanogenic massive sulphide prospects as well as copper porphyry and epithermal gold targets. The company also maintains a strategic joint venture with Endeavour Mining dedicated to gold exploration.
Leave a Reply