- Aston Minerals (ASO) has intersected visible gold for the second time at the Edleston Gold Project in Ontario, Canada
- Drilling has been undertaken at the Edleston Main Zone prospect and intersected visible gold in two zones at 113.4 metres and 162.6 metres downhole depths
- Two diamond drill rigs are at the prospect, but one rig will move to the Northern Edleston Zone in the coming days for follow-up drilling
- Despite this positive news, Aston is down 10.8 per cent on the market and is trading at 16.5 cents per share
Aston Minerals (ASO) has intersected visible gold for the second time at the Edleston Gold Project in Ontario, Canada.
Drilling has been undertaken at the Edleston Main Zone prospect and intersected visible gold in two zones at 113.4 metres and 162.6 metres downhole depths.
Aston is also currently undertaking a high-resolution 3D induced polarisation (IP) across the prospect to provide a detailed 3D model of the survey area. This survey is nearly completed, covering an area of around 5.6 kilometres across the prospect.
Two diamond drill rigs are at the prospect, but one rig will move to the Northern Edleston Zone in the coming days for follow-up drilling.
“Hitting visible gold in the second diamond drill hole since moving the rig to the Edleston Main Zone is testimony towards the high grade component of this system, within the overall broader mineralised envelope,” Managing Director Dale Ginn said.
“Upon receiving the 3D IP data further refinement of the drilling program underway will be conducted. The enhanced depth coverage and increased resolution will provide us with a greater understanding of the overall target potential from the Edleston Main Zone all the way past Sirola and including the Edleston Northern Zone.”
So far, 17 diamond drill holes was completed for 6366 metres of drilling in the current program.
On the market today, Aston is down 10.8 per cent and is trading at 16.5 cents per share at 11:52 am AEST.