Astra Exploration Inc. announced that it has received all required permits to commence its maiden drill program at the La Manchuria Project located in the Deseado Massif of Santa Cruz province.
By Panorama Minero
The drilling permit was issued by the State Secretariat for Environmental Supervision and Control under the Ministry of Energy and Mining of the Province of Santa Cruz.
The company added that field crews were on site last week preparing for mobilization of the fully funded 2,500 metre drill program which the Company expects to commence by the first week in April.
Astra’s CEO, Brian Miller commented:
We are excited to get underway with our inaugural drill program at La Manchuria. This first program aims to test the new geological model and expand the high-grade mineralization into areas previously not drilled, both along strike and parallel to known veins. I believe Astra’s business proposition has never been stronger with such an exciting target, a fully funded drilling program and tightly held share registry. Discovery success is the most rapid wealth creation phase of our industry, and we stand on that precipice with La Manchuria today.
The Company plans to provide additional news release updates in the coming weeks providing further details of the drill targets and geology.
Historic high-grade results intercepts include
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20.5m grading 10.4 grams per tonne (g/t) gold and 810 g/t silver
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4.0m grading 26.3 g/t gold and 3,156 g/t silver and
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2.0m grading 52.6 g/t gold and 3,274 g/t silver
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1.6m grading 257 g/t gold and 4,237 g/t silver