Astral Resources Completed Rogan Josh In-Fill Drilling Ahead of MRE
THE DRILL SERGEANT: Astral Resources (ASX: AAR) reported final assay results from drilling undertaken at the company’s 100 per cent-owned Feysville gold project outside Kalgoorlie in Western Australia.
Astral Resources received assays from the remaining 16 holes of a 32-hole RC drilling program completed at the Rogan Josh prospect.
Results from the Rogan Josh in-fill program include:
FRC325
8 metres at 1.35g/t Au from 55 metres;
FRC287
8m at 1.28g/t Au from 43 metres; and
FRC326
5m at 1.79g/t Au from 32 metres.
The Feysville project hosts a Mineral Resource Estimate of 3 million tonnes at 1.3 grams per tonne gold for 116,000 ounces of contained gold at the Think Big deposit.
Astral believes this to be a sound foundation to potentially become a source of satellite ore feed to a future operation based on the company’s flagship Mandilla gold project approximately 50km to the south.
“Recent exploration activity at Feysville demonstrated the potential of the project to provide multiple gold deposits capable of producing satellite feed for the 2.5 million tonnes per annum Mandilla process plant contemplated in the September 2023 Scoping Study,” Astral Resources managing director Marc Ducler said in the company’s ASX announcement.
“The recently completed drill programs will provide critical data into Mineral Resource Estimates for the Feysville project, being Think Big, Rogan Josh and Kamperman.
“The previously reported Think Big MRE of 116,000 ounces was unconstrained (not reported within an optimised pit shell), so it is expected a small decrease will be incurred when applying open pit constraints as is best practice.
“On the upside, we are very confident that inaugural contributions from Kamperman and Rogan Josh will see a material increase in the aggregate Mineral Resources at Feysville following the positive exploration results reported, primarily at Kamperman, over the last 18 months or so.”
Astral indicated it has plans underway for a RC in-fill program at the Theia deposit within the Mandilla gold project it anticipates will support an MRE update for Mandilla ahead of detailed mine design for the Mandilla Pre-Feasibility Study.
TO READ THE FULL ANNOUNCEMENT: CLICK HERE