Core Viewpoint - Astra Exploration Inc. has announced promising results from the Phase II drill program at the La Manchuria Gold and Silver Project in Argentina, indicating the potential for a multi-million-ounce high-grade deposit of gold and silver [1][2][21]. Group 1: Drill Program Overview - The Phase II drill program included a total of 25 drill holes, totaling 5,119 meters, with a focus on expanding the near-surface footprint of the mineralization [4]. - The first batch of assays reported results from six drill holes, with assays pending for 19 additional holes [1][4]. Group 2: Drill Results - Significant intervals of gold and silver were intersected in the reported drill holes, demonstrating the fertility of the system even at shallow depths [5][8]. - Hole LMD-121 reported a mineralized interval of 3.1 meters grading 9.04 g/t gold and 1,286 g/t silver, including a higher-grade sub-interval of 0.9 meters grading 25.14 g/t gold and 3,102 g/t silver [7][8]. - Hole LMD-118 returned 1.4 meters grading 16.44 g/t gold and 81 g/t silver, with a higher-grade interval of 0.6 meters grading 34.67 g/t gold and 180 g/t silver [8][11]. Group 3: Geological Insights - The drilling has revealed that the high-grade veins are open along strike and at depth, indicating the potential for further discoveries [2][3]. - The presence of high-grade mineralization in andesitic sills, previously thought to be barren, adds new potential for high-grade veins at depth [8][11]. Group 4: Future Plans - The company plans to commence geophysical surveys in February and continue with the second half of Phase II, which will involve an additional 5,000 meters of drilling starting in March 2026 [4][3]. - Astra is optimistic about expanding the system regionally based on the knowledge gained from the current drilling [3].
Astra Intersects 1,286 g/t Silver and 9.0 g/t Gold Over 3.1 Metres; Extends High-Grade at Depth and Along Strike at La Manchuria Project, Argentina
TMX Newsfile·2026-02-10 11:09