Stockhead Investor: Astral strikes more broad gold beneath planned Theia pit

Astral Resources is extending the depth of the Theia deposit within its Mandilla gold project in WA, with two diamond holes returning broad gold intersections below the resource.

Results from holes AMRCD259 and AMRCD264 come from Astral Resources’ (ASX:AAR) expanded 11-hole, 6000m diamond program targeting extensions to the cornerstone 1.4Moz Theia deposit.

AMRCD259 hit 268.41m at 0.70g/t Au from 356.88m, including 45.53m at 2.15g/t and 3.23m at 7.90g/t, plus a deeper 22m at 0.63g/t from 714m that pushes Theia about 350m below the planned open pit.

Hole AMRCD264 added 199.94m at 1.34g/t Au from 47.46m, including 51.49m at 2.42g/t and 17.4m at 4.66g/t.

Managing director Marc Ducler said the Theia Deeps program had extended the deposit, with nine holes completed, all showing quartz veining and sulphide alteration typical of Theia-style gold mineralisation.

“The mineralisation continues to remain open at depth,” he said.

“Astral plans more diamond holes to infill the depth extensions, target inferred resources, and test the up-dip component of Theia Deeps to the north.”

Full article: https://stockhead.com.au/resources/astral-strikes-more-broad-gold-beneath-planned-theia-pit/