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Astra Provides Corporate Update, Commences Phase III Drilling at La Manchuria Gold and Silver Project in the Deseado Massif, Argentina

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Executive Summary

Astra Exploration Inc. has initiated its Phase III drilling campaign at the La Manchuria Gold and Silver Project located in Santa Cruz Province, Argentina, within the prolific Deseado Massif. The company has successfully mobilized drilling equipment and operations are underway, targeting specific areas within the Main Zone of the property.

The Deseado Massif represents one of Argentina's most significant gold-silver mining districts, hosting numerous epithermal deposits and active mining operations. Astra's progression to Phase III drilling indicates positive results from earlier exploration phases and demonstrates the company's commitment to advancing the project through systematic exploration.

This drilling campaign represents a continuation of Astra's methodical approach to exploring the La Manchuria property, building on previous phases to expand understanding of the mineralization and potential resource base. The focus on the Main Zone suggests this area has emerged as a priority target based on earlier geological work and drilling results.

For the junior mining sector, this development illustrates ongoing exploration activity in established mining jurisdictions despite broader market challenges. The advancement to Phase III drilling represents meaningful progression in project development and could potentially lead to resource definition work if results continue to be encouraging.
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Press Release

Vancouver, British Columbia – May 6, 2026 – Astra Exploration Inc. (TSX-V: ASTR, OTCQB: ATEPF, FSE: S3I) (“Astra” or the “Company”) is pleased to announce that mobilization of equipment for the Phase III drill program has taken place and drilling is well underway at the La Manchuria Gold and Silver Project in Santa Cruz, Argentina. The Phase III program will test some areas of the Main Zone…

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