Announcement Date: 2022-11-15
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Star Minerals Ltd.
Project name: Star of the East
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 14m at 8.31g/t Au, from 15m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Star Minerals Limited (ASX: SMS, “Company” or “Star Minerals”) is pleased to advise that it has received the assay results from its reconnaissance gold drilling campaign at the “Star of the East” project. Star Minerals’ CEO, Greg Almond comments: “We are very satisfied to have completed this first program and received these fantastic gold results. The assays confirm our initial assessment of “Star of the East”, and further supports our decision to sign the option agreement to gain access to this gold deposit. The assays and geological logging provide further information that confirms some of our theories around the historic mining and mineralisation at Star of the East and provides encouragement for our future works to identify more gold mineralisation at this historic project. We are very pleased that this drilling shows gold mineralisation very close to surface, only 9m down-hole in some cases, which provides plenty of encouragement to the Company as we continue working on this project
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