Stockhead Investor: Astral Resources high-grade hits add weight for gold resource lift at Kamperman and Theia

Astral Resources’ extensional drilling has returned high-grade intersections that highlight the potential to grow the Kamperman deposit within its Feysville project near Kalgoorlie.

The 17-hole RC drilling program totalling 2954m tested a variety of targets to increase resources and improve understanding of the deposit with a focus on high-grade zones.

Notable assays included:

• 14m grading 6.79g/t gold from a down-hole depth of 192m including 2m at 23.8g/t from 193m (FRC463);

• 13m at 6.6g/t gold from 44m including 1m at 57.6g/t from 46m and 1m at 10.9g/t from 48m (FRC457);

• 21m at 3.11g/t gold from 115m including 1m at 13.4g/t from 132m (FRC460); and

• 15m at 3.7g/t gold from 123m including 1m at 16.4g/t from 124m and 1m at 21.1g/t from 135m.

Additional results included multiple broad zones of >2g/t gold, supporting the continuity of high-grade mineralisation.

Adding interest for Astral Resources (ASX:AAR), the drill program has confirmed the presence of northwest-striking high-grade gold mineralisation not currently included in the Kamperman resource model.

Kamperman currently has a resource of 2Mt at 1.3g/t, or 83,800oz of contained gold.

It has also confirmed depth extensions to the southern lode and additional high-grade mineralisation in the footwall of the southern lode.

Full article: https://stockhead.com.au/resources/astral-resources-high-grade-hits-add-weight-for-gold-resource-lift-at-kamperman-and-theia/