- Aston Minerals (ASO) confirms the presence of an extensive gold mineralisation at the Edleston Main, located within Edleston Project in Ontario, Canada
- A total of 30 holes for over 11,168 metres of drilling at Edleston Main has been completed, with the company awaiting results from the remaining 12 holes and once received will refine the geological model
- Mineralisation at the prospect extends for a strike length of 700 metres, with an average width of 400 meters and has been tested to a depth below the surface of 750 metres
- While over at Edleston East, previous exploration recorded 1.5 metres at 1356g/t gold from 362 metres, however, Aston has not been able to replicate this result
- On the market, Aston is down 3.03 per cent and trading at 16 cents per share
Drilling at Aston Minerals’ (ASO) Edleston Main has confirmed the presence of an extensive mineralisation at the prospect.
Edleston Main is located within the Edleston Project, about 60 kilometres south of Timmins, Ontario, Canada.
Aston has so far drilled a total of 30 holes for over 11,168 metres of drilling at Edleston Main.
Results from this include 15.58 metres at 2.57 grams per tonne (g/t) from 75.74 metres, including 2.03 metres at 11.11g/t gold from 79 metres and 148 metres at 0.55g/t gold from 80 metres.
Mineralisation at the prospect extends for a strike length of 700 metres, with an average width of 400 meters and has been tested to a depth below the surface of 750 metres.
The company is now awaiting results for the remaining 12 holes and once received will refine the geological model and appointed an independent industry consultancy to estimate a mineral resource.
“The drilling across Edleston Main has confirmed that there is an extensive body of moderate grade mineralisation and narrower higher-grade domains that justify the estimation of a mineral resource,” Managing Director Dale Ginn said.
While over at Edleston East, previous exploration recorded 1.5 metres at 1356g/t gold from 362 metres.
Follow-up drilling has not been able to replicate the historical gold results, however, extensive nickel mineralisation was encountered.
“The substantial intersection of 1.5 metres at 1356 g/t gold that we encountered Edleston East has proven to be challenging in terms of follow up drilling,” Mr Ginn said.
“The phenomenal grade of this intercept indicates that there is a very substantial amount of localised mineralisation present. The subsequent drilling that we completed in this area did result in numerous low to moderate grade nickel bearing intersections which assisted us in locating the nickel bearing units and discovery at Bardwell that is our current focus.”
On the market this morning, Aston was down 3.03 per cent and is trading at 16 cents per share at 12:40 pm AEDT.