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AuStar Gold Ltd.
Summary
| Project: | Morning Star | |
|---|---|---|
| Deposit: | McNally’s and Stone’s Reefs | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/8/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-1-2019: AuStar Gold Ltd. announces an Exploration/Drilling Update report for its McNally’s and Stone’s Reefs deposit at the Morning Star project. Drilling results incl. 1.2m @ 41.4g/t Au from 2.40m. AuStar Gold Limited (ASX: AUL) has received excellent | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Peter de Vries (Independent) | |
| ABSTRACT: | AuStar Gold Limited (ASX: AUL) has received excellent results from diamond drilling into the McNally’s and Stone’s Reefs at the Morning Star Gold Mine. CEO Mr Tom de Vries said: “The latest phase of exploration drilling from 6 Level at the Morning Star Gold Mine has now been completed and the results continue to be very encouraging. All assays have been returned from drilling on 6 Level and the diamond drill rig is now drilling from 9 Level. The first of the holes from 9 Level has shown that the Stone’s Reef extends well to the south of our previous interpretation and still carries gold mineralisation. Several holes are to be drilled up from 9 Level through Stone’s Reef and up to the McNally’s Reef to test both reefs to the south of previous drilling. Probe drilling (also known as Sludge drilling) into the roof of the 7 Level drive using hand-held rock drills has returned very encouraging results indicating that in parts of 7 Level, McNally’s Reef passes close to the old drives, increasing the extent of the mineralised zones and possibly improving accessibility. The consistently high-grade nature of McNally’s Reef along with that of the Stone’s Reef gives us increasing confidence that we will have sufficient material to warrant the mining of these goldbearing reefs in the very near future.” | |
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