Astral Mining Corp TSXV:AA announced assays from Los Crestones Property in Sinaloa State, Mexico. Highlights include
39.1 g/t gold, 93.3 g/t silver and 2.13% copper over 5 metres
(including 13.2 g/t gold, 87.9 g/t silver and 2.77% copper over 1 metre)
30 g/t gold, 259 g/t silver and 3.06% copper over 4 metres
(including 22.8 g/t gold, 347 g/t silver and 5.28 g/t copper over 0.4 metres)
20.4 g/t gold, 22 g/t silver and 0.82% copper over 2.5 metres
(including 49.9 g/t gold, 33.2 g/t silver and 1.35% copper over 1 metre)
9.13 g/t gold, 41.8 g/t silver and 0.55% copper over 4 metres
(including 30 g/t gold, 150 g/t silver and 1.06% copper over 1 metre)
41.6 g/t gold, 256 g/t silver and 5.24% copper over 0.7 metres
VP of Exploration Dale Brittliffe tells ResourceClips.com, “Before we came in, Los Crestones had never been drilled. It’s high in the mountains and was staked by the local landowners. We first set foot on the property in October 2010 to do some confirmation work and due diligence. Two Mexican companies had been in there. They had done quite a lot of sampling and gave the data to the vendor. The first company liked the look of it but couldn’t come to an agreement with the vendor. The second company also did a lot of work but dragged their feet on negotiating a deal. We went down there, looked at it, said we’d like to do a deal, and did a deal. The second Mexican company came back to the vendor just one week after we signed. We got lucky there.
I don’t want to get blinkered by the super high-grade numbers. There’s a lot of other potential on this property. I want to do a little more prep and then drill smart—Dale Brittliffe
“We haven’t completed 100% acquisition yet,” he adds. “We signed the deal in January 2011, so we’re still in the first year.
“This is our second batch of results. It is an early-stage property. The first batch didn’t really come up with any gold. The results came predominately from the northern end of the zone that we were testing. They were generally high silver, low gold. The order we drilled was dictated by topography. We’re in there with portable rigs—we’re not permitted to build roads yet, but we are pursuing that. So we started at the top of the ridge, and we worked down, dragging these rigs,” Brittliffe says.
“This week’s results come from the zone where we expected the best numbers. The strike length may be about 50 to 75 metres in that area, where there are some old workings. One of the them is about 40 metres in length.
“We’ve got to do a lot of work on defining the geometry,” he points out. “There’s a lot of fracturing. They’re not true veins, they’re actually mineralized breccia. But there’s adjacent stockwork veining as well, which is mineralized. That’s what bulks up the intervals.
“I’d like to do some geophysics, possibly down-hole EM. I think there’s a bigger system there. There’s the possibility of defining a resource in that high-grade area, but I’d like to do the geophysics first and see if we can pull a nice target out of that. Yes, we can chase those veins, and they’re looking pretty good in that central area there, but there’s a lot of regional work to do as well. We’ve got mineralized showings all over the property. Some of our soils have come back with very encouraging showings. So I don’t want to get blinkered by the super high-grade numbers. There’s a lot of other potential on this property. I want to do a little more prep and then drill smart.”
Brittliffe continues, “We see Mexico as a country with very rich mineral endowment. There’s a lot of inaccessible country out there that hasn’t been looked at fully. It’s just sitting there waiting for us. Traditionally, Sinaloa is seen as dangerous, but you have to be mindful of security in most of Mexico. A year ago, we felt that the perceived danger of Sinaloa was an advantage to us. We’re in there, while a lot of others were wary of it. But we do see now a lot of Canadian companies down there.
“The Sierra Madre Gold-Silver Belt is amazingly prolific,” he concludes. “We see mineralization right up and down the entire belt, and you’ve got to be in it to win it.”
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by Greg Klein