Proactive - Interviews for investors

Just the Facts: Astral Resources reveals gold grades up to 63.4 g/t

Episode Summary

Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest news from Astral Resources NL (ASX:AAR). The company has received high-grade gold intercepts from the final 11 drill holes at its Kamperman Deposit, part of the Feysville Gold Project in Western Australia. The reverse circulation (RC) drilling campaign comprised 31 holes, revealing significant gold intersections that reinforce the site’s resource potential. Key results include an intercept of 6 metres at 12.8 g/t gold from 76 metres, with a high-grade segment of 1 metre at 63.4 g/t. Other notable results included 33 metres at 3.75 g/t from 58 metres and 22 metres at 5.21 g/t from 149 metres. These findings are expected to strengthen Astral’s geological models and validate its infill drilling approach. The results were not included in the maiden mineral resource estimate (MRE) for Kamperman, announced on November 1, of 2 million tonnes at 1.3 g/t gold for 83,800 ounces of contained gold. Astral intends to incorporate these new results to expand the MRE. Following the Kamperman program, the RC drill rig has moved to the Mandilla Gold Project. Initial diamond drilling at Mandilla’s Theia deposit has shown visible gold, with assay results expected in early 2025. #ProactiveInvestors #AstralResources, #ASX #JusttheFacts #GoldExploration, #KampermanDeposit, #FeysvilleProject, #WesternAustralia, #GoldMining, #HighGradeGold, #DrillResults, #ResourceExpansion, #MandillaGoldProject, #VisibleGold, #DiamondDrilling, #MiningNews, #Geology, #InfillDrilling, #ASXAAR, #MineralExploration, #GoldAssays, #AustralianMining, #GoldPotential