Astral Resources Drills Consistent High-Grade Gold at Kamperman

THE DRILL SERGEANT: Astral Resources (ASX: AAR) reported assay results received for the first four holes of a recently completed 19-hole reverse circulation (RC) program at the Kamperman prospect, part of the company’s 100 per cent-owned Feysville gold project outside Kalgoorlie in Western Australia.

Astral Resources’ Feysville project hosts a Mineral Resource Estimate (MRE) of 3 million tonnes at 1.3 grams per tonne gold for 116,000 ounces of contained gold at the Think Big deposit, which the company considers a foundation to potentially become a source of satellite ore feed to a future operation based at its main Mandilla gold project, located just down the road.

Latest results from the Kamperman prospect include:

FRC267
14 metres at 0.98 grams per tonne gold from 25m and 35m at 3.81g/t gold from 86m, including 1m at 11.7g/t gold from 96m, 2m at 12g/t gold from 105m and 1m at 19.2g/t gold from 114m;

FRC269
13m at 1.55g/t gold from 141m and 3m at 2.54g/t gold from 177m; and

FRC268
10m at 0.95g/t gold from 189m.

“These latest RC results from the first four holes of a 19-hole drill program have further reinforced the potential scale and grade of the recently discovered Kamperman prospect at Feysville,” Astral Resources managing director Marc Ducler said in the company’s ASX announcement.

“FRC267 was drilled to infill the 80-metre sectional spacing between previously reported intersections of 35 metres at 2.19g/t gold and 5 metres at 5.89g/t gold.

“To have returned the widest, highest-grade intersection seen at Kamperman to date with such consistent gold mineralisation down the length of the reported mineralised zone, was especially pleasing.

“The potential for Kamperman to become a valuable contributor of high-grade satellite ore feed to the Mandilla gold project development continues to increase with every hole drilled.

“With assay results from a further 15 RC-holes still pending, we are confident that the best may yet be to come.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE