Astral Resources hits high-grade gold at Kamperman prospect

Astral Resources (ASX: AAR) has continued to expand its Kamperman gold prospect with further drilling success within the 100%-owned Feysville gold project located 14km south of Kalgoorlie in Western Australia.

The company’s recently completed reverse circulation (RC) campaign at Feysville has now intersected mineralisation over a 240 metre strike length of high-grade gold at the Kamperman prospect.

Managing director Marc Ducler said the latest drilling success has highlighted the potential for Feysville to become a satellite source of high-grade ore feed for a proposed integrated Mandilla-Feysville development.

Exciting exploration target

“Kamperman is fast becoming an exciting exploration target with each line of relatively wide-spaced RC drilling having returned significant high-grade assay results,” Mr Ducler said.

“These latest results have confirmed the presence of mineralisation at Kamperman over a 240-metre strike length which remains open to both the north and south.”

Results from across four lines of drilling at Kamperman has now returned a number of significant intercepts from north to south, including 4.0 metres at 94.8 grams per tonne gold, 21 metres at 4.2 grams per tonne gold, 35 metres at 2.2 grams per tonne gold and 5.0 metres at 5.9 grams per tonne gold.

Astral is now eagerly awaiting the return of geochemical results from recent drilling.

Mr Ducler said the results will play an important role in helping the company have a deeper understanding of the local geology and assist in defining the targets for the next phase of drilling.

The company will also look to obtain a better understanding of the results away from Kamperman.

“The Hyperno and Ethereal prospects returned more moderate assay results that will require further follow-up, albeit as a lower priority to Kamperman,” Mr Ducler said.

“At Mandilla, each of an air core, reverse circulation, and diamond drilling rigs are currently drilling.”

Ongoing drilling activity

Elsewhere Astral is wrapping up activity with its AC rig which is undertaking a small program looking to extend the Eos palaeochannel to the south-east.

Meanwhile, the RC rig is undertaking in-fill work at Theia, drilling diamond drilled pre-collars and testing the fresh rock gold potential at Eos.

“The diamond drill rig is testing for extensions of the gold mineralisation at depth at Theia,” Mr Ducler said.

“The Mandilla scoping study is entering the final stages of preparation and remains on track to be completed and delivered to market in the near future.”

Norseman-Wiluna Greenstone Belt

Feysville is located within the north-north-west trending Norseman-Wiluna greenstone belt, within the Kambalda domain of the Archean Yilgarn Craton.

The project hosts a mineral resource estimate of 3 million tonnes at 1.3 grams per tonne gold for 116,000 ounces of contained gold at the Think Big deposit, providing a foundation for the project to potentially become a source of satellite ore feed to a future operation based on the company’s flagship Mandilla gold project.

Feysville is located in a prime location where significant gold and nickel mineralisation occurs throughout a belt that includes world-class deposits such as Northern Star’s (ASX: NST) Golden Mile Super Pit in Kalgoorlie and Gold Fields’ St Ives Gold Mine south of Kambalda.