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AuStar Gold Ltd.
Summary
| Project: | Rose of Denmark | |
|---|---|---|
| Deposit: | Rose of Denmark | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/28/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-5-2019: AuStar Gold Ltd. announces an Exploration/Drilling Update report for its Rose of Denmark deposit at the Rose of Denmark project. Drilling results incl. 7.30m @ 153.57g/t Au from 21.0m. AuStar Gold CEO, Tom de Vries said “The preliminary resourc | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Peter de Vries (Independent) | |
| ABSTRACT: | AuStar Gold CEO, Tom de Vries said “The preliminary resource drill-out phase below the level of the main Rose of Denmark Adit has continued to show that mineralisation within the dyke extends at depth and has not been closed off. The spectacular results obtain from the drilling shows that coarse gold continues to occur, which when coupled with the trial mining and processing successfully undertaken in 2018 will lead to a confident economic justification to increase production from this strategic asset. “ 7. Near Term Developments: Limited mining continues within a gold bearing structure above the Rose of Denmark adit after being placed on hold for several weeks, to allow uninterrupted diamond drilling to be undertaken. A formal discharge permit has been submitted and advertised in the local papers as required, which will then allow dewatering below the adit level to occur. Further studies and tests are being undertaken to allow the company to apply for a formal Mine Work plan for unlimited mining, via a conventional decline. | |
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