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AuStar Gold Ltd.
Summary
| Project: | Morning Star | |
|---|---|---|
| Deposit: | Morning Star | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/5/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-12-2018: AuStar Gold Ltd. announces an Exploration/Drilling Update report for its Morning Star deposit at the Morning Star project. Drilling results incl. 1.10m @ 171.84g/t Au from 57.40m. AuStar Gold Limited (ASX: AUL) (‘AuStar Gold’ or ‘the Company’) | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Peter de Vries (Independent) | |
| ABSTRACT: | AuStar Gold Limited (ASX: AUL) (‘AuStar Gold’ or ‘the Company’) is pleased to provide an update in relation to its current diamond drilling program at its high-grade Morning Star Gold Mine: CEO Mr Tom de Vries said: “These further outstanding drill results, especially for the recently identified McNally’s Reef, are allowing us to continue to grow the size of both the Stacpoole North and the McNally Reefs. “Drilling into the McNally’s Reef from the new position on the 6 Level of the Morning Star mine has allowed us to extend the known limits of this reef both to the north and the south. The presence of coarse gold and high grades of plus 5 ounces per tonne (greater than 150 g/t gold) from within the target reef again confirms the potential of these results to give us significant scope for future development. “The two remaining holes in this program are designed to assist in defining the limits of this high grade gold mineralisation which at the moment has not been closed off to the north and south of the reef. “Drilling into the Stacpoole North shows that mineralisation is still open to the north. It is also of great interest to note that drill hole MSA35, which was designed to test the eastern edge of the dyke in the vicinity of other prospective structures, has returned a broad zone with anomalous gold | |
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