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Project: | Morning Star | |
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Deposit: | Stacpoole North | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 10/18/2018 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 18-10-2018: AuStar Gold Ltd. announces an Exploration/Drilling Update report for its Stacpoole North deposit at the Morning Star project. Drilling results incl. 6.35m @ 4.33g/t Au from 40.75m. 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 the ongoing diamond drilling into the Stacpoole North structure at the Morning Star Gold Mine. CEO Mr Tom de Vries said: ‘’Drilling for mineralisation associated with the Stacpoole North Target has commenced and by applying ongoing adjustments the program is beginning to show results. The assay results received for MSA29 are encouraging and confirm and expand the high-grade zone encountered in historical drillhole MS357. Mr de Vries added “The team at Austar Gold continues to re-interpret the original database for opportunities with success. The database is a proven source of information which provides a springboard for drilling which is then judiciously and effectively applied by our exploration team. Stacpoole North is located between 2 and 3 Level in the Morning Star mine, located geographically separate to the recent success of Stones and McNally’s, which would allow operational flexibility if this area were to become significant and as such has become another priority for diamond drilling” Drill Program in the Morning Star Adit As previously reported in recent ASX announcements, AuStar has now has now commenced to test the Stacpoole North target around drill hole MS357 (4.10m @ 18.80 g/t Au - incl. 0.30m @ 216.00g/t Au). Stacpoole North is the second of the three initial exploration targets identified to date by AuStar within the Morning Star Dyke, the other targets being Stones/McNally reef and Kennys reef, with the former target being successfully identified, drilled, assayed and reported within a three month time frame (See ASX release dated 3 July 2018). | |
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