Astral Resources welcomes exceptionally high-grade gold at Feysville
September 06, 2023 at 10:16 pm IST
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Astral Resources NL (ASX:AAR) MD Marc Ducler speaks with Proactive soon after delivering exceptionally high-grade assay results from reverse circulation (RC) drilling - including 2 metres at 187.7 g/t gold within a 4-metre intercept at 94.84 g/t from 77 metres - at its Feysville Gold Project in Western Australia. Feysville already hosts a mineral resource estimate (MRE) of 3 million tonnes at 1.3 g/t for 116,000 ounces of contained gold at its Think Big deposit, providing a foundation for Feysville to become a source of satellite ore feed to a future operation based on the company’s flagship Mandilla Gold Project. Results from the first two holes of the eight-hole RC program at Feysville’s Kamperman prospect further strengthen the potential of Feysville.
Ducler said: “This is a genuine breakthrough for the Astral team and vindicates our disciplined and systematic approach to exploration targeting at this strategically located project.
"With an existing 116,000 mineral resource, Feysville is now rapidly emerging as a strong contender to form part of our broader development plan on Kalgoorlie’s doorstep.”
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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Astral Resources NL is an Australia-based gold exploration and base metals company. The Company's projects include Mandilla Gold Project, Feysville Project and Carnilya Hill Project. Its flagship Mandilla Gold Project (Mandilla) is located approximately 70 kilometers (km) south of Kalgoorlie in Western Australia. Mandilla hosts a Mineral Resource Estimate (MRE) of 37 metric tons (Mt) at 1.1 grams per ton of gold (g/t Au) for 1.27 million ounces (Moz) of contained gold. Mandilla's deposits include Theia, Iris, Eos and Hestia. It is also advancing exploration activities at its Feysville Gold Project (Feysville), which is located around 14 km south of the KCGM Super Pit in Kalgoorlie. Feysville hosts a MRE of 3 Mt at 1.3 g/t Au for 116 thousand ounces (koz) of contained gold. The Company has 100% of the gold rights in Carnilya Hill Gold Project, which includes various tenements - M26/047-049, M26/453 representing an aggregate area of approximately 2.65 square kilometers.
ASTRAL RESOURCES NL 
