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AuStar Gold Ltd.

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Summary

Project:

Rose of Denmark

Deposit:Rose of Denmark
Location:Australia
Commodities:Gold
Date:2/18/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:18-2-2019: AuStar Gold Ltd. announces an Exploration/Drilling Update report for its Rose of Denmark deposit at the Rose of Denmark project. Drilling results incl. 0.80m @ 72.85g/t Au from 18.14m. AuStar Gold Limited (ASX: AUL) has undertaken a drilling pr
Resources:x
CP/QP:[Overall Report]: Peter de Vries (Independent)
ABSTRACT:AuStar Gold Limited (ASX: AUL) has undertaken a drilling program over the last 4 months with 936.8 metres of diamond drilling completed. The Company is pleased to announce further high grade drilling intersections from its ongoing exploration program in the Woods Point to Walhalla gold province. The current program was designed to define the shape and geometry of the main dyke structure which hosts the mineralization. The results have identified further zones of high grade gold mineralization at the Rose of Denmark gold mine capable of near term accessibility. Since November 2018 a total of 16 drill holes have been completed with drilling ongoing. The holes to date have been designed as both up-holes and down-holes to better define the overall geometry, width and shape of the dyke as well as testing for residual material above the mine adit. Multiple holes have returned significant anomalous results. Refer to Table 1. Two drill holes (ROD034 and ROD038) had been targeted to test the up and down plunge potential of a previously reported high-grade percussion drill hole intersection (RDS024 1.20m @ 529.00 g/t Au from 15.60m up-hole). The two holes successfully intersected quartz veining within the dyke host and returned favourable assay results (ROD034 0.80m @ 72.85g/t Au and ROD038 0.50m @ 37.39 g/t Au) Figure 2.

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