RC Drill Results Further Confirm Kamperman Potential

Astral Resources NL (ASX: AAR) (Astral or the Company) is pleased to report assay results for the final three RC holes from a recently completed 26-hole (2,808 metres) RC drilling program at the Kamperman Prospect, part of the 100%-owned Feysville Gold Project (Feysville), located approximately 14km south of Kalgoorlie in Western Australia (Figure 1).

Highlights

• Assay results for the final three holes from the 26-hole (2,808 metres) reverse circulation (RC) infill and extensional drilling program at the Kamperman Prospect (Feysville Gold Project) have been received, with best results including:
  • 10 metres at 5.04g/t Au from 99 metres in FRC350; and
  • 32 metres at 2.13g/t Au from 125 metres in FRC360.
• In-fill results continue to support the interpretation of a very continuous, steeply west-dipping, zone of high-grade gold mineralisation in the southern part of the deposit.
• A maiden Mineral Resources Estimate (MRE) for Kamperman is scheduled to be reported in the September Quarter as part of an updated MRE for the broader Feysville Gold Project.

Astral Resources’ Managing Director Marc Ducler said: “We had already considered this 26-hole drill program to be the most successful program completed to date at Kamperman, and when you include these final three holes – we are now certain of it!

“These latest results strengthen our geological interpretation of a broad, 30-metre-wide zone of consistent high-grade gold mineralisation across multiple sections in the southern part of the Kamperman Deposit. This bodes well for the upcoming maiden Mineral Resource Estimate for Kamperman as part of the wider Feysville Gold Project.

“The exploration focus has now returned to the Theia deposit, the cornerstone of our flagship Mandilla Gold Project, where the first phase of a new infill RC drilling program commenced early this month.

“On completion of the phase one program, Astral will return to Feysville for further in-fill and extensional RC drilling at Kamperman, as well as follow up on two significant greenfield gold anomalies announced in July 2024 to the north-west of Kamperman.”

Figure 1 - Map illustrating location of Mandilla and Feysville Gold Projects.

FEYSVILLE GOLD PROJECT

The Feysville Gold Project is located within the north-north-west trending Norseman – Wiluna Greenstone Belt, within the Kambalda Domain of the Archean Yilgarn Craton, approximately 14km south of the KCGM Super Pit in Kalgoorlie.

Significant gold and nickel mineralisation occurs throughout the belt, including world-class deposits such as the Golden Mile Super Pit in Kalgoorlie owned by Northern Star Resources Limited (ASX: NST) and the St Ives Gold Mine south of Kambalda owned by Gold Fields Limited. The area also hosts the substantial Beta Hunt Gold Mine owned by Westgold Resources Limited (ASX: WGX).

Feysville hosts an MRE of 3Mt at 1.3g/t Au for 116koz of contained gold¹ at the Think Big deposit, providing a foundation for the project to potentially become a source of satellite ore feed for a future operation based on Astral’s flagship Mandilla Gold Project.

Click here for the full ASX Release

This article includes content from Astral Resources, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.