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South Star Mining Corp.
Summary
| Project: | Santa Cruz | |
|---|---|---|
| Deposit: | Santa Cruz | |
| Location: | Brazil | |
| Commodities: | Graphite | |
| Date: | 12/13/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-12-2018: South Star Mining Corp. announces an Exploration/Drilling Update report for its Santa Cruz deposit at the Santa Cruz project. Drilling results incl. 45m @ 2.2% avg. Cg from 0m. December 13th, 2018 – Vancouver, B.C. - South Star Mining Corp. (“ | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Richard Pearce (Internal) | |
| ABSTRACT: | December 13th, 2018 – Vancouver, B.C. - South Star Mining Corp. (“South Star” or the “Company”) (TSXV: STS) (OTCQB: STSBF) is pleased to announce that it has received additional positive assay results expanding mineralization at depth and along strike at its Santa Cruz Graphite Project (Project) in Brazil. The Santa Cruz project is located in the heart of the largest flake producing graphite province outside of China with a history of continuous production for over 70 years. 2018 Exploration Program South Star’s 2018 field program included trenching and 34 holes of drilling consisting of 27 reverse circulation (RC) holes for approximately 1250 meters and 7 diamond (HQ) holes for approximately 550 meters. Assay results for the first group of reverse circulation (RC) holes have been received. The holes were aimed at expanding shallow resources and included some step-out holes for testing lateral extents of the mineralized zone. As previously reported, the NI 43-101 resource at Santa Cruz, released in conjunction with its Preliminary Economic Assessment dated August 21, 2017, included Indicated Resources of 14,990,400 tonnes at an average grade of 2.70% Cg and 3,572,100 tonnes of Inferred Resources with an average grade of 2.90% Cg. Further assay results will be reported in future communications. | |
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