ID Codes: ISIN GB00B4323X41 / WKN A1JHWC/CUSIP G05900 108


Nam Hai holds an exploration licence for a potential 1–3 million ounce gold reserve

Astra is undergoing a stepwise acquisition of the shares of Nam Hai Mineral Joint Stock Company Ltd (“Nam Hai”), a company incorporated in accordance with the Laws of Cambodia, with a registered office in Phnom Penh City, Cambodia. Nam Hai holds a Cambodia exploration license #903 covering 222 km2 in Rattanakiri, which was issued on 6 October 2010. Preliminary exploration conducted on behalf of the prior owner of Nam Hai identifies potentially 1–3 million ounce intrusion-related gold reserve. This study indicates, based on limited trench assay results, 6–33 grams per tonne Au with only 1.5 grams per tonne Au used to determine feasibility. Preliminary feasibility assumes 1.1 million ounces of recoverable gold at USD 1,650 per ounce.