공시 • May 23
Asra Minerals Limited Announces That Mt Stirling Continues to Return High Grade Gold Extensions
Asra Minerals Limited advised that the company's ongoing drilling campaign at its flagship Mt Stirling Project in Western Australia's Eastern Goldfields has returned further significant high grade gold intercepts, continuing to extend mineralisation beyond previous resource boundaries. Ahead of announcing a new Global Mineral Resource Estimate (MRE) within weeks, the company has targeted multiple gold zones and targets, and reports the following recent significant gold intercepts: 1720N: 4m @ 1.26 g/t Au from 206m (MSRC275); inc 1m @ 2.95 g/t Au from 206m, 6m @ 5.38 g/t Au from 226m; inc 3m @ 10.15 g/t Au from 228m, and 1m @ 23.82 g/t Au from 230m; 1400N:7m @ 1.12 g/t Au from 160m (MSRC298); inc 1m @ 2.82 g/t Au from 160m, 1240N: 3m @ 2.07 g/t Au from 31m (MSRC288); inc 1m @ 3.74 g/t Au from 32m, 21m @ 1.09 g/t Au from 42m; inc 1m @ 2.17 g/t Au from 51m; 1160N: 3m @ 2.12 g/t Au from 37m (MSRC285); inc 1m @ 5.28 g/t Au from 37m. In addition to an endowment of clean heavy rare earths and critical minerals, the Mt Stirling Project hosts a current JORC compliant total mineral resource estimate of 118,400 gold ounces1 and lies 8km northwest of Red 5's (ASX:RED) King of Hills gold mine, which has produced more than 1 million ounces of gold to date. Assays from the Stirling Well gold deposit were received for 13 extensional drill holes, with results now being compiled for release. A total of 48 drill holes at Stirling Well are expected to be included in the updated Stirling Well MRE. Two further Skywing drill holes are awaiting assays, with results to follow. Assays from drilling down dip of the high-grade Estera mineralised zone at Diorite have also been received, with results and plans for follow up drilling now being compiled. Asra's Executive Director, Mr. Peretz Schapiro, said the continued favourable results at Mt Stirling increased confidence in the upcoming global mineral resource estimate. Drill data compilation for the upcoming MRE is nearing completion with the bulk of assays now received. A further two MS Viserion drill holes and some anomalous composite samples are awaiting assays, with down-hole density surveying of selected drill holes completed. Final MRE assays are on track to be reported within the next 7-10 days. Compilation of assay and drill data has allowed for the maximum number of drill holes to be included into the eagerly anticipated MRE; now expected in late May. Assays have been received for the following sections: 1160N: 3m @ 2.12 g/t Au from 37m (MSRC285); inc, 1m @ 5.28 g/t Au from 37m, 1m @ 0.94 g/t Au from 156m. 1240N: 1m @ 1.47 g/t Au from 27m (MSRC287), 1m @ 0.54 g/t Au from 22m (MSRC288), 3m @ 2.07 g/t Au from 31m; inc, 1m @ 3.74 g/t Au from 32m, 21m @ 1.09 g/t Au from 42m; inc, 1m @ 2.17 g/t Au from 51m. 1280N: 2m @ 0.94 g/t Au from 41m (MSRC292); inc, 1m @ 1.11 g/t Au from 42m, 1m @ 0.76 g/t Au from 52m, 1m @ 2.13 g/t Au from 65m. 1400N: 2m @ 0.58 g/t Au from 79m (MSRC298), 2m @ 0.92 g/t Au from 120, 12m @ 0.77 g/t Au from 131m; inc, 1m @ 1.47 g/t Au from 142m, 7m @ 1.12 g/t Au from 160m; inc, 1m @ 2.82 g/t Au from 160m, 1m @ 0.52 g/t Au from 176m. 1560N: 1m @ 0.52 g/t Au from 160m (MSRC265), 1m @ 0.60 g/t Au from 206m, 1m @ 0.61 g/t Au from 211m, 1m @ 0.54 g/t Au from 239m. 1720N: 1m @ 0.85 g/t Au from 25m (MSRC275), 1m @ 0.67 g/t Au from 124m, 4m @ 1.26 g/t Au from 206m; inc, 1m @ 2.95 g/t Au from 206m, 6m @ 5.38 g/t Au from 226m; inc, 3m @ 10.15 g/t Au from 228m; and 1m @ 23.82 g/t Au from 230m, 4m @ 0.67 g/t Au from 239m; inc, 1m @ 1.10 g/t Au from 242m. 1960N: 2m @ 1.05 g/t Au from 167m (MSRC305); inc 1m @ 1.15 g/t Au from 167m.