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Highlights:
- Asra Minerals Ltd (ASX:ASR) announced high-grade gold intercepts from drilling at the Kookyne East project, including a standout assay of 47.95 grams per tonne (g/t) gold from the Sapphire mine.
- Drilling results at both the Sapphire and Orion mines indicate extended mineralisation at depth, supporting historical drilling data and enhancing future growth potential.
- These findings provide valuable structural insights, with Asra planning to incorporate this data into regional models for further exploration and resource growth at Kookyne East.
Asra Minerals Ltd (ASX:ASR) has reported high-grade gold assays from drilling at its Kookyne East gold project in Western Australia. This project, located at the historical Sapphire and Orion mines, has yielded promising results, with significant gold intercepts that highlight the potential of the mineralisation at depth.
Drilling Results
Three diamond drill holes were completed at the Kookyne East site, specifically targeting the mineral structures within the Sapphire and Orion mines. These results have reaffirmed the project's potential, particularly with the high-grade gold intercepts recorded at both locations.
At the Sapphire mine, one drill hole intersected one metre of gold at an impressive 47.95 grams per tonne (g/t) from a depth of 115.2 metres. Another intercept at Sapphire showed one metre at 23.12 g/t gold from 148.7 metres. Similarly, drilling at the Orion mine recorded 0.8 metres at 23.97 g/t gold from 161.2 metres.
These findings highlight not only the significant gold grades present in the area but also the consistency of mineralisation at deeper levels, which mirrors the results from drilling conducted at the site in 1994.
Mineralisation at Depth
One of the key takeaways from this round of drilling is the extension of gold mineralisation beneath previously drilled intercepts. The results indicate that the mineralised zones have been extended by approximately 30 metres below earlier drill depths. This discovery adds to the understanding of the potential at Kookyne East and reinforces the historical data from earlier drilling campaigns.
The structural information gained from this drilling campaign is crucial for Asra as it looks to further explore and develop the project. The extension of mineralisation at depth is an encouraging sign, suggesting that there may be additional untapped resources below the previously explored areas.
Future Exploration Plans
These promising drill results will now be integrated into Asra's broader regional model for the Kookyne East project. With this new data, the company plans to identify additional growth targets for future exploration. The findings from Sapphire and Orion have provided valuable insights into the high-grade lode positions, confirming earlier interpretations and validating historical drilling data.
Asra Minerals intends to systematically extend the known mineralised zones at both Sapphire and Orion. The company's comprehensive data review has already generated several additional resource growth and discovery targets, which will be further explored in upcoming programs. With multiple exploration activities underway, Asra is well-positioned to deliver further news flow and updates throughout the year.
Comments from Asra's Executive Chairman
Asra’s executive chairman, Paul Summers, expressed his optimism regarding the recent drilling results. According to Summers, the successful intersection of the targeted structures has strengthened the company’s confidence in the historical drilling data. He also noted that the discovery of high-grade gold at depth has enhanced their understanding of the mineralisation patterns at both the Sapphire and Orion mines.
Summers highlighted that the new structural information, combined with the anticipated high-grade lode positions, confirms their geological interpretations. This, in turn, provides a solid foundation for future exploration efforts and resource growth.
Looking ahead, Summers indicated that Asra will continue to focus on extending the known mineralised zones while also targeting additional resource growth and discovery opportunities. The ongoing exploration programs will ensure steady progress and updates for Asra’s shareholders as the company continues to advance its projects at Kookyne East.
Bottomline
The latest drill results from Asra Minerals’ Kookyne East project underscore the potential for high-grade gold mineralisation at depth. With significant gold intercepts recorded at both the Sapphire and Orion mines, Asra is well-positioned to further explore and develop these promising targets. The extension of mineralisation below previously drilled depths offers new opportunities for resource growth, and the company’s ongoing exploration programs are expected to generate additional discoveries in the months ahead.
