Estrella Resources Reports Early Drilling Win at Carr Boyd

THE DRILL SERGEANT: Estrella Resources (ASX: ESR) greeted Day One of the 2021 RIU Sydney Resources Roundup by announcing the start to the Phase 3 drill program at the company’s T5 prospect on the company’s 100 per cent owned Carr Boyd Tenements.

Estrella reported on hole CBDD0053 that intersected a 16.35 metres zone of disseminated to highly disseminated nickel-copper sulphides within the T5 pyroxenite feeder-zone.

The sulphides encountered in CBDD053 are located adjacent to the T5 contact 75m below previous hole CBDD033 (20.1m at 1% Ni, 0.7% Cu) and 65m above another earlier hole CBDD035 (8.05m at 0.8% Ni and 0.5% Cu).

Wedge holes from CBDD053 are currently being drilled.

“With two rigs currently on site, Phase 3 is a unique opportunity for the company to learn as much as we can about the controls on mineralisation within the T5 feeder zone and to extend it laterally along the basal contact,” Estrella Resources managing director Chris Daws said in the company’s ASX announcement.

“Our hunt for more massive sulphides is well underway and I look forward to what the drilling reveals next.”