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New VMS Licence Award at Rulikha Deposit
East Star Resources Plc has been granted a new exploration licence, 3631-EL, covering the remaining IP anomaly north of the Rulikha Deposit, giving them 100% ownership of the entire anomaly. Historical drilling highlights within the new licence include 11.4m @ 9.8% Zn, 3.1% Cu, and 1.1% Pb from 196.6m, and 6.9m @ 17.6% Zn, 1.0% Cu, and 3.3% Pb from 237.4m. The company is currently modelling 180 historical drill holes to provide an Exploration Target and assess the Reasonable Prospects for Economic Extraction (RPEE). The Rulikha Deposit is located 33km northwest from East Star's Verkhuba Deposit which has a JORC MRE of 20.3Mt @ 1.16% copper, 1.54% zinc and 0.27% lead. Disclaimer*
About this update from East Star Resources Plc
[{"type":"text","content":"\n\n21 October 2025\n \nEast Star Resources Plc\n \n(\"East Star\" or the \"Company\")\n \nNew VMS Licence Award at Rulikha Deposit\n \nEast Star Resources Plc (LSE:EST), which is exploring for copper and gold in Kazakhstan, is pleased to announce it has been awarded a new exploration licence - 3631-EL (the \"Licence\"), encompassing the remaining part of the induced-polarisation (IP) anomaly north of the Rulikha Deposit.\n \nWith the entire IP anomaly at Rulikha now under 100% ownership by East Star, execution of the next phase of exploration can begin. Additional historical drilling within the newly awarded Licence has also been included in East Star's ongoing assessment of both the Rulikha Deposit and its geological interpretation of the Rulikha IP anomaly. Some highlighted intersections from the historic drilling are below.\n \nHighlights of Historical Intersections Within New Licence:\n \n· 11.4m @ 9.8% Zn, 3.1% Cu and 1.1% Pb from 196.6m\n· 6.9m @ 17.6% Zn, 1.0% Cu and 3.3% Pb from 237.4m\n· 11.2m @ 5.5% Zn, 0.32% Cu and 1.2% Pb from 236.0m\n· 8.7m @ 5.4% Zn, 0.3% Cu and 0.3% Pb from 256.2m\n \n180 historical drill holes are currently being modelled to provide an Exploration Target and assess the Reasonable Prospects for Economic Extraction (RPEE).\n \nAlex Walker, East Star CEO, commented:\n \n\"East Star is expanding its VMS opportunities through this additional highly prospective exploration licence, adding a second soviet-era deposit to our East Region assets. Although permitting is expected to be more arduous due to proximity to a settlement, at less than 2km from an existing rail line and 11km from an underfed mill, we are eager to assess the potential economic viability of this deposit, in a region which has been mined since the mid-1700s.\n \nIn remodelling such detailed historical data, East Star will be able to assess the reasonable prospects for economic extraction prior to on the ground exploration and therefore, like Verkhuba, we will undertake a low-cost exploration campaign to verify the data and convert the exploration target to a JORC Resource.\n \nWe are grateful for the support from the Shemonaikha District in allowing us to apply for the Licence and we look forward to updat...