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Canstar Discovers New Copper-Gold Bearing Massive Sulphides on Trend from Mary March
Toronto, Ontario--(Newsfile Corp. - September 9, 2019) - CANSTAR RESOURCES INC. (TSXV: ROX) (O...
About this update from Canstar Resources Inc.
[{"type":"text","content":"Canstar Discovers New Copper-Gold Bearing Massive Sulphides on Trend from Mary MarchToronto, Ontario--(Newsfile Corp. - September 9, 2019) - CANSTAR RESOURCES INC. (TSXV: ROX) (OTCQB :CSRNF) (\"Canstar\" or \"the Company\") is pleased to announce, as part of its summer 2019 field program at Buchans-Mary March, the discovery of a new high-grade copper-gold massive sulphide occurrence, at surface, approximately 1.8 km along strike of the historic Mary March discovery hole, representing a new massive sulphide in bedrock discovery in the Buchans Camp. The bedrock occurrence consists of a 4.5 m wide attenuated and strongly altered zone of felsic volcanics containing numerous clasts (10-20 cm in size) of base metal rich massive sulphides within a similar geological and structural setting to that which hosts the historic Mary March discovery hole (MM-294-7) drilled in 1999. Highlights from the massive sulphide grab samples include:1.1 gpt Au, 29.4 gpt Ag, and 5.7% Cu1.5 gpt Au, 54.2 gpt Ag, and 2.3% Cu1.9 gpt Au, 23.5 gpt Ag, and 1.1% CuNote that grab samples are selective by nature and values reported are not representative of mineralized zones.\"This new discovery on trend from the historic Mary March discovery hole MM-294-7 validates our belief that the Buchans-Mary March project has the potential to host undiscovered massive sulphide deposits similar to those that supported historic mining operations at Buchans. The Company has a significant land package that has received little sustained exploration in over twenty years, and this discovery demonstrates the exploration potential of the project. Canstar intends to follow up this discovery with additional ground-based geochemical and geophysical surveys, including additional prospecting to further refine targets for drilling,\" stated Christos Doulis, CEO of Canstar. Canstar Summer 2019 Field ProgramCanstar's summer 2019 field program at Buchans-Mary March consisted of regional lithogeochemical analysis, mapping and prospecting, core review and a re-examination and digital compilation of existing data during May and June, followed by trenching programs at Seal Pond and Mary March during July and August. The compilation work and summer field program refined and prioritized targets generated from the 2017 Skytem airborne survey and resulted in a new base metal-rich discovery, confirmin...