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Aston Mineral’s (ASX:ASO) share price spikes on visible gold hit at Edleston

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ASX:ASO      MCAP $15.54M
10 March 2021 12:00 (AEST)

Source: Aston Minerals (ASO)

Aston Mineral’s (ASO) share price jumped 64.7 per cent on the back of a visible gold discovery at its maiden drilling campaign at Edleston Gold in Canada.

Diamond drilling efforts at the Ontario situated project, intersected veinlets of visible gold from 362 metres within the third hole executed so far at the program.

Furthermore, the broader 12 metre interval contains extensive quartz veining with pyritepyrrhotite and occasionally visible gold. Core processing of the interval has been fast-tracked as a result to secure assay results in the coming weeks.

Aston Minerals Managing Director Dale Ginn spoke highly of the findings so far.

“The early success of the program through hitting visible gold veinlets in the third hole, 200 metres along strike to the east of the main Edleston body of mineralisation, provides us with a high degree of confidence of both the scale of the mineralisation and the methodology of targeting,” he commented.

The developments form part of Aston’s 15 hole, 5000-metre drill effort at the prospect, seeking to extend and infill the Edleston Main mineralised trend and test the along strike extension of a high-grade hanging wall target.

Three diamond drill holes for 1,320 metres have been completed to date, with substantial alteration including quartz veining and pyrite-pyrrhotite intersected in all three drill holes so far.

Aston affirms this appears to correlate well with projected target intervals.

Aston Minerals is up a stellar 64.7 per cent following the find, trading at 5.6 cents per share at 11:36 am AEDT.

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