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Canstar Resources Inc.
Summary
| Project: | Kenora | |
|---|---|---|
| Deposit: | Kenora | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/15/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-11-2017: Canstar Resources Inc. announces an Exploration/Drilling Update report for its Kenora deposit at the Kenora project. JV - Drilling results incl. 11.2m @ 1.1g/t Au from 84m. Toronto, November 15, 2017 – Canstar Resources Inc. (TSX-V: ROX) (“Can | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Danniel Oosterman (Internal) | |
| ABSTRACT: | Toronto, November 15, 2017 – Canstar Resources Inc. (TSX-V: ROX) (“Canstar” or the “Company”) is pleased to provide results from its 100%-owned Kenora Gold project located near Kenora Ontario. The program was designed to test a number of induced polarization (“IP”) targets on the property as well as the mineralized extent of the Ace discovery on the Aviator structural trend. Highlights of the drill results include. KG 17-11 was testing the newly discovered zone at depth, where it intercepted the 11.2 meter zone of 1.1 g/t within a 14.7 meter zone of 0.9 g/t gold, all of which occurs in low grade envelope of 0.6 g/t over 24.3 meters. KG17-15, which drilled 0.9 g/t over 4.5 meters, was drilled over the Ace Showing and represents the best results from the Ace Showing. Drill holes testing the IP targets were successful in explaining the IP anomalies, which were represented by sulphide-bearing sedimentary rocks in the area. Although extensive, the mineralization returned only anomalous gold values. Geologically, a key feature is notable within these results. The highlighted intercept of 1.1 g/t over 11.2 meters occurs downdip of the new zone discovered from the Winter 2017 drilling and represents and increase in grade at depth. Most interestingly this mineralization is associated with a quartz-diorite dike that has intruded the volcano- 2 sedimentary package that runs parallel to the Aviator Trend. | |
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