| Announcement Date: | 2022-09-28 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Aston Minerals Ltd. |
| Project name: | Edleston |
| Location: | Canada |
| Commodities: | Nickel,Cobalt |
| Highlight: | Drilling results incl. 149.5m at 0.36% Ni, 0.012% Co from 294m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Aston Minerals Limited (ASX: ASO, ‘Aston Minerals’ or ‘the Company’) is pleased to provide an update on the resource definition drilling across the Bardwell Nickel-Cobalt Prospect, Edleston Project, Canada. The Edleston Project is located approximately 60km via road to the south of Timmins, Ontario, Canada. The towns of Timmins and Kirkland Lake are located close by and host significant former and current producers, with required services and skilled labour available to support exploration and development of the Project. The Project is located within the Abitibi Greenstone Belt of Archean metavolcanic and medisedimentary units that have been steeply folded with axes trending in general east-west orientation. The Boomerang Target is interpreted to be a Dunite/Peridotite unit which has undergone extensive serpentinisation. This process of is responsible for the reaction of olivine to produce magnetite and brucite, resulting in a strongly reducing environment whereby nickel is released from decomposition of olivine. The nickel which has been released is typically partitioned into low sulphur nickel sulphide minerals. Due to the magnetite association |
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