Astral Resources NL (ASX:AAR) managing director Marc Ducler joins Jonathan Jackson in the Proactive studio to discuss the latest high-grade results from Kamperman prospect at the Feysville Project in Western Australia. The company drilled three more reverse circulation holes at the prospect with all three striking gold up to 12.6 g/t. Of 16 holes drilled, 10 have returned high-grade gold, indicating the target has high potential to hold economic gold mineralisation. Assays are now pending from infill and extensional data. Ducler believes the latest results can contribute to the potential future high-grade satellite ore feed to the company’s broader Mandilla Gold Project development.
“The recent Kamperman discovery within our Feysville Project continues to deliver for Astral Resources," Ducler said. "A three-hole RC program yielded high-grade assay results in every hole, further reinforcing the exceptional high-grade potential at Kamperman.
“A follow-up 2,459 metre RC program was immediately completed with assay results expected later this quarter as we continue to unlock the potential of this growing prospect which we have increasing confidence can contribute potential future high-grade satellite ore feed to our broader Mandilla Gold Project development.”
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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.