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AuStar Gold Ltd.
Summary
| Project: | Morning Star | |
|---|---|---|
| Deposit: | McNally’s Reef, Stones Reef | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/13/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-3-2019: AuStar Gold Ltd. announces an Exploration/Drilling Update report for its McNally’s Reef, Stones Reef deposit at the Morning Star project. Drilling results incl. 0.5m @ 25.92g/t Au from 72.90m. AuStar Gold Limited (ASX: AUL) has continued to und | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Peter de Vries (Independent) | |
| ABSTRACT: | AuStar Gold Limited (ASX: AUL) has continued to undertake exploratory drilling from the No. 9 Level of the Morning Star Shaft. The final hole in the current program (7 holes) has been completed and the rig is being relocated to the Morning Star Adit to test the next in-mine exploration target. The results confirm that both the McNally and Stone Reefs extend further to the south than previously modelled and that McNally’s reef continues to exhibit strong gold mineralisation, significantly more so than first thought. It remains open to the south. Exploration Program Drilling from No. 9 Level of the Morning Star shaft has been in progress since December 2018, and will now be paused to fully incorporate the new data to enable remodeling and reinterpretation of the geometry of both the Stone and McNally reefs. In the interim, the rig is being relocated to the Morning Star Adit to test the next exploration target (Whitelaw Upper) initially identified by AuStar Gold in June 2018. The interpreted structure is located approximately 30 metres above the historic Whitelaw reef, a reef that produced in excess of 60,000 ounces of gold during the 1920’s and 1930’s. | |
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