Core Insights - Astra Exploration Inc. has commenced Phase II drilling at the La Manchuria Gold and Silver Project in Santa Cruz, Argentina, following a successful Phase I program [1][2] Group 1: Drilling Program - The Phase II drill program will consist of approximately 10,000 meters of diamond drilling, with 5,000 meters expected to be completed by December 2025 and another 5,000 meters in Q1 2026 [2] - The drilling is fully funded, with a treasury balance exceeding C$7,000,000 [2] Group 2: Phase I Results - Phase I drilling indicated that La Manchuria has a larger vein system than previously recognized, with significant gold and silver grades found near the surface [3] - Results from Phase I support the geological model that mineralization is open in all directions, suggesting the presence of a preserved epithermal system [3] Group 3: Geological Insights - Detailed mapping has revealed low temperature silica and vein fragments at the surface, contained in andesitic rocks and post-mineral breccias [4] - The mapping confirms favorable host rock units at depth, indicating potential for La Manchuria to host a large, high-grade gold-silver epithermal system [4] Group 4: Company Overview - Astra Exploration Inc. is a precious metals exploration company based in Vancouver, BC, focused on building a portfolio of high-quality projects in key mining jurisdictions in Latin America [5] - The La Manchuria project is a high-grade low sulphidation epithermal deposit located in the Deseado Massif, which hosts multiple world-class precious metals deposits [6]
Astra Commences Phase II Drilling at La Manchuria Gold and Silver Project in the Deseado Massif, Argentina
Newsfile·2025-10-29 10:00