Astral Announces Initial Resource Estimate at Jumping Josephine
Astral Mining Corporation (CVE:AA) and Kootenay Gold Inc. (CVE:KTN) report the completion of an initial resource estimate for the JJ Main discovery zone at the Jumping Josephine gold project, British Columbia.
The press release is quoted as saying:
The mineral resource estimate is derived from a total of 71 diamond drill holes, the average spacing of which is 20 to 40 metres within the area of interest. A total of 564 composites of 1m length, capped at 30.0g/t Au were used for the estimation. The mineral resource was estimated by inverse distance squared within a 3 dimensional mineralization envelope, defined by similar geological characteristics in terms of alteration and mineralogy, using a 0.5g/t Au cut-off grade.
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