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    Astral Announces Initial Resource Estimate at Jumping Josephine

    Investing News Network
    May. 11, 2011 04:57PM PST
    Long Tail

    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.

    Astral Mining Corporation (TSXV:AA)  and Kootenay Gold Inc. (TSXV: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.

    Click here to access the entire news release. 

    Click here to access Astral Mining’s company profile. (TSXV:AA)

    kootenay gold inckootenay goldtsxv:aatsxv:ktn
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