en.Wedoany.com Reported - The La Manchuria gold-silver project in Santa Cruz Province, Argentina, has entered a new exploration phase. Exploration company Astra Exploration Inc. announced that Phase 3 drilling has officially commenced, with the drill rig and other equipment now on site.

The Phase 3 drilling program at the La Manchuria project plans to complete at least 5,000 meters of diamond drilling, focusing on key areas at depths of 250 to 300 meters within the "Main Zone" and "East Zone." Geologists believe the veins in these areas may be interconnected. Concurrently, the drilling will also expand other known veins near the surface. The entire drilling campaign is expected to conclude by mid-June 2026.

Astra stated that this drilling program is fully funded. Following the most recent financing round, the company holds approximately C$17 million in cash, sufficient to sustain operations.

In addition to field work, Astra will participate in several mining and investment industry conferences and events in the coming weeks to showcase the progress of the La Manchuria project and attract potential investors.

La Manchuria is located in the Deseado Massif and is a high-grade gold-silver deposit. This region is one of Argentina's primary mineral resource areas. Under the agreement, Astra has the right to acquire up to a 90% interest in the project.

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