Summary of Astra Exploration Inc. News Release (October 26, 2023)
This news release from Astra exploration Inc. announces significant gold results from the first three drill holes at their 100% owned La Manchuria project in Chile. Here’s a breakdown of the key facts:
High-Grade Gold Intersections: The drilling has intersected a broad zone of gold mineralization, including:
Hole LM-DDH-001: 1.57 g/t Au over 108.0m, including 3.07 g/t Au over 30.0m
Hole LM-DDH-002: 1.01 g/t Au over 116.0m, including 2.18 g/t au over 24.0m
Hole LM-DDH-003: 0.81 g/t Au over 126.0m, including 1.58 g/t Au over 36.0m
Porphyry Gold System: The mineralization is associated wiht a potential SE +/- porphyry gold system, similar to the Salares Norte deposit nearby.
Maricunga Belt: The La Manchuria project is located in the highly prospective Maricunga belt, known for its significant gold and copper deposits.
Further Exploration: Astra plans to continue drilling to expand the mineralized zone and better understand the system.
Qualified Person: Darcy Marud, a qualified person as defined by NI 43-101, has reviewed and approved the technical data.
* Forward-Looking Statements: The release includes cautionary language regarding forward-looking statements and associated risks.
In essence, Astra Exploration has reported promising initial drill results that suggest the La Manchuria project has the potential to be a significant gold discovery.
you can find the source release here: https://www.newsfilecorp.com/release/265968