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Aston Minerals (ASX:ASO) expands tenement, hits visible gold at Canada project

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ASX:ASO      MCAP $14.24M
12 July 2021 16:00 (AEST)

Aston Minerals (ASO) has expanded its footprint at its Edleston Project by 140 kilometres as well as striking visible gold during its ongoing drill programme.

The company reported it had filed for a direct licence application for the tenement to take the Ontario project’s total land area to 262 square kilometres.

Aston affirms the interpreted southern area of this tenement extends for three kilometres of strike and contains the same host litholigies as Edleston and contains a “substantial expanse” of unexplored units.

In addition, the company also identified occurrences of visible gold during its ongoing maiden drill programme across three holes at Edleston Main and Sirola
Prospect.

The first of which in the Sirola Zone intersected visible gold at 469.5 metres within a quartz-carbonate vein with fuchsite alteration surrounding the vein.

Aston said this is being cut and processed ahead of being sent to laboratory for analysis.

Aston Minerals Managing Director Dale Ginn commented on the updates.

“The ground position Aston has rapidly consolidated in the region is
significant in terms of scale compared to prior holders. It has given us the platform to complete large scale regional targeting,” he said.

“The intersection of further visible gold at Edleston and in the maiden drill hole at Sirola Prospect provides substantial confidence in our ability to target mineralisation.”

Aston Minerals closed today’s session in the grey to trade at 15 cents.

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