ASR asra minerals limited

Ann: Mt Stirling Gold Confirms Potential for Major Discovery, page-2

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    Highlights:
     Step out drill results confirm depth extensions of the known deposit on the Mt Stirling Block at
    the Mt Stirling Gold Camp (Figure 1)
     Assays from MSRC‐025, the first of the 8‐hole program, returned grades of up to:
    o 4m @ 8.84 g/t (including 33.10 g/t over 1.0 m)
    o 24m @ 1.26 g/t (including 2.89 g/t over 7.0 m)
     Results demonstrate that Mt Stirling Project is emerging as a potentially large gold system with
    ore grade Au now intercepted over 100m below prior drilling
     Remaining seven holes (MSRC‐026 to MSRC‐032) all intercepted wide widths of quartz‐carbonate
    veins hosting Pyrite and are open at depth at end of hole
     Assay results from the remaining seven holes from the Phase 1, 2000+m RC program designed to
    test down dip / along strike extensions of historical intercepts are due shortly (Figure 2)
     Historical intersections being followed up by this program include 35m @ 2.99g/t Au (including 2m
    @ 48g/t Au) and 39m @ 0.71g/t Au (including 4m @ 2.09g/t Au) (Refer release 28/4/20)
     Planning for a Phase 2 aggressive drilling campaign on the Stirling Block underway
     The Mt Stirling Gold Camp sits adjacent to RED 5’s (ASX:RED) 4moz King of the Hills mine and is
    located within the prolific Leonora Gold district in the Eastern Goldfields, host to St Barbara’s
    (ASX:SBM) 4.8moz Gwalia Mine and Saracen’s (ASX:SAR) 3.8moz Thunderbox Mine
     Reconnaissance activities have commenced on the Diorite Block with the historic 73g/t Au [grade
    sourced from Mindat.org] Diorite King Mine and Diorite Queen mines among the high‐quality
    targets to be followed up (Figure 3)
     The Mt Stirling project is one of Torian’s four key projects.
 
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