Business

Canstar Announces Till Results with up to 502 Gold Grains and Additional Shallow High Grade Drill Results

(TheNewswire) Toronto, Ontario – TheNewswire - May 4, 2022...

articleCanstar Resources Inc.May 4, 20224/company/canstar-resources-inc/news/canstar-announces-till-results-with-up-to-502-gold-grains-and-additional-shallow-high-grade-drill-results
Canstar Announces Till Results with up to 502 Gold Grains and Additional Shallow High Grade Drill Results

About this update from Canstar Resources Inc.

[{"type":"text","content":"Canstar Announces Till Results with up to 502 Gold Grains and Additional Shallow High Grade Drill Results\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Toronto, Ontario\n \n \n –\n \n \n TheNewswire -\n \n \n May 4, 2022\n–\n \n \n CANSTAR RESOURCES INC. (TSXV:ROX\n \n \n )\n \n \n &\n \n \n (\n \n \n OTC:CSRNF)\n \n \n (“\n \n \n Canstar” or the “Company\n \n \n ”)\n \n \n is pleased to announce assay\nresults from the final 26 drill holes completed in 2021 and the\nresults of the first systematic till sampling program on the Golden\nBaie property in south-central Newfoundland.\n \n \n \n \n Highlights include:\n \n \n \n \n \n \n Additional high grade gold drill intercepts\n \n \n 26 reconnaissance drill holes, totalling 3,125\nmetres, were completed at the Hillside, Skidder, Poly, Mag and Blow\nOut targets in 2021.  Intercepts included 6.04 g/t gold over 2.12 m\nat Blow Out (GB-21-41) and 9.83 g/t gold over 0.53 m in hole at\nHillside (GB-21-23).  The noted intercept at Hillside was just below\nsurface and contained visible gold hosted in quartz veining.\n \n \n \n \n \n \n Significant new gold exploration target identified\n \n \n Due to significant till cover in this drill\narea, the Company collected 74 till samples over a 5 km x 1 km area in\nlate 2021. One sample contained 502 gold grains, of which 294 (59%)\nare pristine. Another sample returned 143 grains (51% pristine) and is\nlocated approximately 580 metres south-west, and on strike, of the 502\ngold grain sample. These samples were collected ~5 km NE along strike\nfrom the Company’s Kendell prospect and this trend is a high\npriority gold exploration target area in 2022. A 39 hole winter drill\nprogram was completed at Kendell in March with assays\npending.\n \n \n \n \n \n \n Potential for gold mineralization on multiple parallel\ntrends striking NE-SW\n \n \n –\n \n \n A\ntill sample containing 87 total grains was collected 175 metres west\nof the Hillside target.  95% of the gold grains are pristine,\nsuggesting the gold grains were not transported very far during\nglaciation.\n \n \n \n \n \n \n Canstar’s VP Exploration Matthieu Lapointe commented:\n“We are very excited by gold intercepts in the previously undrilled\ntargets and also the excellent results from the first e...

More updates from Canstar Resources Inc.