Announcement Date: 2022-07-25
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Astro Resources NL
Project name: Needles
Location: United States
Commodities: Gold
Highlight: Drilling results incl. 12m @ 24ppb Au from 192m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Further to its ASX Announcement of 26th May 2022, Astro Resources NL (ASX: ARO) (“ARO”, “Astro” or “the Company”) reports final results from drilling completed earlier this year at the Needles Gold Project in Nevada, USA (Figure 1). Drill hole 4A (21ND_004A) The Company has now received assays from the fourth and final drill hole (21ND_004A) of the 2021-2022 Needles drilling program. A total of 267 samples have been received, representing the entire drill hole sampled at 5 foot intervals [1.52m] (Figure 2). With the receipt of these assays, the full suite of assay data for the 2021-22 drilling program has now been received. The assays returned low gold values over much of the hole, largely being below the level of detection. Modest gold values were recorded in an upper zone from 65 to 195 feet [20-60m] averaging 30ppb Au, with a highest value of 239ppb Au hosted in a sequence of dacitic tuffs containing moderate pyrite mineralization (Figure 3). An equally modest zone of gold values was recorded from 630 to 670 feet [192-204m] averaging 24ppb Au with a highest value of 49ppb Au in a sequence of latite to andesite tuffs containing moderate pyrite mineralization (Figure 4). There are no base metal or other elements indicative of mineralized zones in the assays.
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