East Star Resources Drill Results, Kazakhstan

East Star Resources (LSE: EST)

Which is defining mineral resources in Kazakhstan for the energy revolution, is pleased to provide results from diamond drilling on the Dalny licence of the Chu-Ili Orogenic Gold Belt in Kazakhstan.

Results show shallow intersections of potentially economic grades and widths.

 

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East Star Resources

 

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East Star Resources LSE: EST
Stage Exploration
Metals Gold, copper, rare earth elements
Market cap £5.75m @ 3.15p
Location Kazakstan

 

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Dalny Licence Drilling Results, Kazakhstan

Released : 26 April 2023 7:00

RNS Number : 4304X
East Star Resources PLC
26 April 2023

East Star Resources Plc Licence Drilling Results, Kazakhstan

Gold bearing mineralised system with shallow intersections of potentially economic grades and widths

 

East Star Resources Plc (LSE:EST), which is defining mineral resources in Kazakhstan for the energy revolution, is pleased to provide results from diamond drilling on the Dalny licence of the Chu-Ili Orogenic Gold Belt in Kazakhstan.

Results show shallow intersections of potentially economic grades and widths from the Alatagyl northern zone with planning of follow-up exploration work ongoing.

Highlights:

·    19 drill holes totalling 1,860 m were drilled on the Alatagyl target on the Dalny licence

·    Programme was designed to test mineralisation where East Star sampled rock chips up to 27.4 g/t Au (announced 30 June 2022) and historical drilling and trench results indicated gold mineralisation

·    Best intercepts (at a cut-off grade of 0.3 g/t Au) include:

 DL_18 – 4 m @ 2.74 g/t from 24 m and 12 m @ 2.03 g/t from 31 m

 DL_19 – 1 m @ 1.32 g/t from 34 m and 2 m @ 0.93 g/t from 51 m

 DL_14 – 3 m @ 0.51 g/t from 55 m

 DL_15 – 3 m @ 2.09 g/t from 21 m

·    Confirmed presence of gold on the Dalny licence – further analysis is underway to determine next steps to progress exploration

 

Alex Walker, East Star CEO, commented:

“We are pleased with the results from the Alatagyl northern area which indicate a gold bearing mineralised system with shallow intersections of potentially economic grades and widths.

“We are undertaking a review of the drill results against the historical data to expand our knowledge of the mineralisation system and determine the scope of the follow-up exploration programme.”

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To read the full news release, please click HERE

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