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- Astral Resources (AAR) intersects up to 17.2 g/t gold at its Mandilla gold project in WA
- Assays come from AAR’s phase two drilling program at the Eos deposit with results demonstrating the high-grade tenor and consistency of the mineralisation
- Diamond drilling is now underway at the Theia deposit to test the western flank of the deposit to aid in mineral resource definition and test two inferred high-grade gold trends
- Astral will use the results from the phase one and two aircore programs and diamond drilling program to update the Mandilla mineral resource estimate of 24 million tonnes
- Shares in Astral are steady on the market and are trading at 7.8 cents at 2:12 pm AEST
Astral Resources (AAR) has intersected up to 17.2 grams per tonne (g/t) gold at its Mandilla gold project in Western Australia.
The company received assays from a phase two aircore drilling program at the Eos deposit with results demonstrating the high-grade tenor and consistency of the mineralisation.
Better results include one metre at 17.2 g/t gold from 52 metres, one metre at 12.17 g/t gold from 52 metres and three metres at 11.85 g/t gold from 52 metres.
These results demonstrate the potential for an increase to the mineral resource at Eos with infill drilling adding confidence to the tenor and continuity of the mineralisation.
While several holes didn’t reach the designated depth due to drilling conditions and coarse cobbles, mineralisation remains open to the northeast and Astral will undertake follow-up drilling on these holes.
Both the phase one and two programs were successful with the drilling intersecting high-grade zones of palaeochannel mineralisation and 65 per cent of the holes reached the target depth and intersected more than 0.1 g/t gold.
“The latest results from aircore drilling at Eos continue to demonstrate the significant high-grade potential of the palaeochannel mineralisation,” Managing Director Marc Ducler said.
“These results, combined with results from the 1m re-sample of the phase one aircore program reported previously, are expected to deliver a boost to the Eos mineral resource in terms of both grade and ounces.”
Diamond drilling is now underway at the Theia deposit with 17 holes planned to test the western flank of the deposit to aid in mineral resource definition and test two inferred conjugate high-grade gold trends.
Of the five holes drilled, four encountered visible gold with the sixth hole, which is currently being drilled, also intersecting several zones of visible gold.
Astral will use the results from the phase one and two aircore programs and diamond drilling program to update the Mandilla mineral resource estimate which stands at 24 million tonnes at one g/t gold for 784,000 ounces.
Shares in Astral were steady on the market and were trading at 7.8 cents at 2:12 pm AEST.
