Astral Resources’ Managing Director Marc Ducler said: “This initial reconnaissance drill program has highlighted two new zones of gold anomalism. The first anomaly represents a potential Kamperman-style analogue located approximately 150 metres north-east of the Empire Rose Prospect, coincident with a large magnetic break, and defined by a zone of thick gold anomalism. The second anomaly, a significant zone of gold anomalism has also been identified associated with intense shearing and interpreted to be the extension of the Ethereal Shear.
“Two potential gold discoveries from the first half of a four line-kilometre reconnaissance drill program is an exciting start. With over 25% of the 120 AC holes drilled intersecting significant gold anomalism (>0.1g/t Au) – well above background and 100-times above the detection limit – we are confident we have demonstrated the potential for further gold discoveries within our Feysville tenement package.
“While the Rogan Josh in-fill program didn’t return the high-grade intervals we might have hoped for, it confirmed our current interpretations of gold mineralisation, closed off parts of the potential resource, and will greatly assist with completion of the Rogan Josh MRE, which is currently underway.
“Meanwhile, the exploration team is progressing an in-fill RC program at Kamperman before our attention turns to a planned 14,000 metre RC in-fill program at the cornerstone Theia deposit at the Mandilla Gold Project. This will provide information vital for progression of advanced mining studies and MRE updates.
“Our intention at Feysville continues to be on the demonstration of its potential to deliver higher-grade satellite ore feed to a Mandilla Processing Hub as contemplated in our September 2023 Scoping Study.
“We are now more confident than ever that Think Big and Kamperman will deliver on this upside. With this new reconnaissance drilling pointing to new upside opportunities with a potential Kamperman-style analogue and possible extensions to the mineralised Ethereal Shear, we see the very real chance of delivering on our growth ambitions from the Feysville Project.”
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