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Astral Resources NL Expands Kamperman Prospect with Promising Gold Assays

TL;DR

Significant gold finds at Kamperman prospect, potential high-grade ore source for Mandilla Process Plant.

19-hole RC drilling program in-filled and extended mineralised strike by 100m, highlighting high-grade potential.

Gold discoveries at Kamperman prospect may contribute to sustainable mining practices and improve economic growth in Western Australia.

Recent 19-hole RC drilling program has revealed significant gold finds and extended mineralised strike, showcasing high-grade potential.

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Astral Resources NL Expands Kamperman Prospect with Promising Gold Assays

Astral Resources NL (ASX:AAR) has reported encouraging results from its recent drilling program at the Kamperman prospect, part of the Feysville Gold Project in Western Australia. The 19-hole reverse circulation (RC) drilling campaign not only infilled the prospect to the south but also extended the mineralised strike by 100 metres to the north, now totaling 350 metres. This expansion underscores the prospect's growing significance in the region's gold exploration efforts.

Key assays from the drilling have unveiled substantial gold intersections, including a notable 13 metres at 3.95 g/t gold from 35 metres depth. Such findings emphasize the high-grade potential of the Kamperman prospect, with 14 out of the 19 drilled holes encountering significant gold mineralisation. These results bolster the prospect's viability as a high-grade satellite ore source for the planned Mandilla Process Plant.

Marc Ducler, managing director of Astral Resources NL, highlighted the success of the drilling program and the company's next steps. Astral Resources NL plans to commence a follow-up 2,500-metre RC drilling program aimed at further extending the strike length and exploring high-grade shear-hosted gold mineralisation. This ambitious plan is supported by recent capital raising efforts, indicating the company's commitment to advancing the Kamperman prospect's development.

The findings from the Kamperman prospect are a testament to the untapped potential of Western Australia's gold fields. With the extension of the mineralised strike and the identification of high-grade gold intersections, Astral Resources NL is poised to make significant contributions to the region's gold mining industry. The upcoming drilling program will be crucial in determining the full extent of the prospect's mineralisation and its role in the broader Feysville Gold Project.

Curated from News Direct

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