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East Star Resources reports “bonanza” grade gold discovery

Published by
Global Mining Review,


East Star Resources Plc, the Kazakhstan-focused gold and copper explorer, has announced the first batch of assay results from reconnaissance Reverse Circulation (RC) drilling undertaken in September 2021 on the Apmintas Licence in the Chu-Ili Gold Belt in central Kazakhstan.

The results include a ‘discovery hole’ at the first drill target at ‘Novoe’ returning 63 m at 4.51 g/t Au from surface.

Highlights:

  • AP_008 discovery hole with 63 m @ 4.51 g/t Au from surface including 19 m @ 14.36 g/t Au from 44m – hole ended in mineralisation, remaining open at depth.
  • Vein system with stockwork style mineralisation with four higher grade veins, including a bonanza grade zone of 2 m @ 131.4 g/t Au.
  • Mineralisation starting from surface and plunging below depths previously mined by artisanals.
  • 12 holes drilled at Novoe target – one of seven targets tested in the 51-hole drilling programme in September 2021.

Alex Walker, East Star CEO, commented:

“We are delighted to report outstanding high-grade intersections from the first set of assay results received from our 51-hole September 2021 drilling programme. The discovery hole shows high grade gold hosted within near vertical stockwork mineralised zones close to surface. Four higher grade veins include a bonanza grade zone of 2 m at 131.4 g/t.

“AP_008 hole was collared close to artisanal workings where historic lump samples assayed up to 401.7 g/t. Data from an ultra-high resolution drone-based survey flown in September 2021 is currently being processed to determine strike extent and direction and will be used in planning follow-up diamond drilling exploration expected to commence in 2Q22.”

Read the article online at: https://www.globalminingreview.com/mining/26012022/east-star-resources-reports-bonanza-grade-gold-discovery/

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