ASR 14.3% 0.8¢ asra minerals limited

Ann: Mt Stirling Gold Project - Market Update, page-2

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    Mt Stirling Gold Project – Market Update
    Highlights:
     Torian is pleased to announce completion of Phase 1 of the Mt Stirling drilling
    program with 31 RC drillholes drilled for 5,767 metres
     Results from Mt Stirling assays pending and Phase 2 SE extension continuing
     Multi-element vector assaying to be conducted on selective interpreted interval
    zones of samples from the 21 RC hole 2,683m recent Diorite campaign, which
    includes Diorite East samples where encouraging mineralisation was intercepted
     Update JORC resource estimate for Mt Stirling due in Q1 2021
     Previous drilling at Mt Stirling has intercepted (refer ASX release 9/6/20):
    o 4m @ 8.84 g/t (including 1m @ 33.10 g/t Au)
    o 24m @ 1.26 g/t (including 7m @ 2.89 g/t Au)
    o 2m @ 48.00 g/t Au
    o 2m @ 17.20 g/t Au
     Samples from Diorite East exploration drilling where encouraging mineralisation was
    intercepted are at the lab with first drill hole results received and news flow of results
    expected and pending
     Company has purchased a handheld pXRF to screen soil, rock samples and drill
    intercepts on-site and enhance target generation and sample selection
     Mt Stirling Gold Camp sits within the prolific Leonora Gold district in the Eastern
    Goldfields, adjacent to RED 5’s 4Moz King of the Hills mine & host to St Barbara’s
    4.8Moz Gwalia Mine and Saracen’s 3.8Moz Thunderbox Mine
     Torian is well funded with approximately $3,000,000 in net cash
    Mt Stirling Gold Project - Drilling and Results update
    Torian Resources Limited (Torian or the Company) is pleased to advise of the completion of
    Phase 1 of the Mt Stirling drilling program at the 33,900oz Mt Stirling resource with 31 RC
    drillholes drilled for 5,767 metres.
    This phase confirmed and extended the Mt Stirling gold system over 480m strike, on 40m
    centres drill spacing.
 
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