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The latest announcement is out from Astra Exploration Inc ( (TSE:ASTR) ).
Astra Exploration reported final Phase II drill results from its La Manchuria gold and silver project in Argentina, highlighted by high-grade intercepts including 2.3 metres grading 500 g/t silver and 1.46 g/t gold, and 3.0 metres grading 263 g/t silver and 0.95 g/t gold. The drilling has validated a geological model of at least four subparallel mineralized vein sets and more than doubled the near-surface footprint of the vein system, which remains open in all directions.
Management emphasized that mineralization continues along strike and at depth in the Main Zone, including in andesite units previously thought to be barren, underscoring potential for both high-grade feeder targets and bulk-tonnage mineralization. With approximately 5,000 metres completed in Phase II and another 5,000-metre fully funded Phase III drill program being mobilized, Astra is expanding its exploration footprint, targeting deeper, higher-grade feeder zones and reinforcing the project’s growth potential for stakeholders.
More about Astra Exploration Inc
Astra Exploration Inc. is a mineral exploration company focused on gold and silver projects, with its flagship La Manchuria project located in Santa Cruz, Argentina. The company targets low-sulphidation epithermal vein systems and is listed on the TSX-V, OTCQB and FSE, positioning it to attract international mining and resource-focused investors.
Average Trading Volume: 237,903
Technical Sentiment Signal: Buy
Current Market Cap: C$82.56M
For an in-depth examination of ASTR stock, go to TipRanks’ Overview page.