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South Star Mining Corp.
Summary
| Project: | Santa Cruz | |
|---|---|---|
| Deposit: | Santa Cruz | |
| Location: | Brazil | |
| Commodities: | Graphite | |
| Date: | 11/21/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 21-11-2018: South Star Mining Corp. announces an Exploration/Drilling Update report for its Santa Cruz deposit at the Santa Cruz project. Drilling results incl. 14.3m @ 4.4% avg Cg from 60.30m. November 21st, 2018 – Vancouver, B.C. - South Star Mining Cor | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Richard Pearce (Internal) | |
| ABSTRACT: | November 21st, 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 the first set of assay results from the 2018 exploration program at its Santa Cruz Graphite Project (Project) in Brazil. The Company would also like to announce that it has received the Phase 1 test results from Urbix Resources, LLC (“Urbix”), a leading graphite technology company based in Mesa, Arizona. 2018 Exploration Program South Star’s 2018 field investigation program includes trenching along with approximately 550 meters of diamond (HQ) and 1250 meters of reverse circulation (RC) drilling. The program is focused on the Sao Manuel and Sao Rubens targets of the Project. The 2018 field program should be completed this week with all final sample analyses expected during Q4 of 2018. Initial sample preparation and logging are carried out at the Company’s facility in Itabela with analytics being performed at the SGS Geosol Laboratories in Belo Horizonte, Brazil using LECO analysis to determine graphitic carbon (Cg). The first hole, 55-SCP-DDH-001, is a vertical hole totaling 79.8m of diamond drilling. Results of hole include 10 meters at an average grade of 3.9% Cg and 14.3 meters at 4.4% Cg. Overall, the hole resulted in 65.6 meters of continuous mineralization in friable material with an average grade of 3.1% Cg. This is the second largest mineralized intersection drilled to date in the Project, when compared to hole SIAC 001 from 2016 campaign with 77 meters at an average Cg of 2.9%. Complete results are presented in Table 1. In addition, 2 channel samples (TR005 & TR006) were collected near surface close to hole 55- SCP-DDH-001. Results include 28 linear meters at an average grade of 1.9% Cg in TR005 and 12 linear meters at an average grade of 3% Cg in TR006. | |
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