Estrella Resources Ltd has been conducting diamond drilling at the Carr Boyd Nickel Project, located 80 kilometres from Kalgoorlie in Western Australia.
Adding potential to the project, it has lots of smoke in the form of disseminated sulphides.
Estrella has this morning been granted a trading halt by the ASX pending an update.
The halt will remain in place until the opening of trade on Wednesday 1st November 2017, or earlier if an announcement is made to the market.