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Canstar Discovers New Visible Gold Occurrences and Commences Drilling at Golden Baie Project in Newfoundland
(TheNewswire) Toronto, Ontario – TheNewswire - June 8, 202...
About this update from Canstar Resources Inc.
[{"type":"text","content":"Canstar Discovers New Visible Gold Occurrences and Commences Drilling at Golden Baie Project in Newfoundland\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 June 8, 2021\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 that\ndiamond drilling has commenced at its Golden Baie Project in southern\nNewfoundland.  The Company is also pleased to report that its\nrecently commenced field exploration activities have already yielded\nseveral new significant discoveries on the Golden Baie Project.\n \n \n \n \n Commencement of Diamond Drill\nProgram\n \n \n \n \n Canstar contracted Majors Contracting Ltd. of Deer\nLake, Newfoundland, for a phase 1 drill program that will consist of a\nminimum of 2,500 metres of diamond drilling using a track mounted rig.\n Drilling has now commenced and will test for the vertical\ncontinuation of gold mineralization identified at or near surface and\nalso to aid with structural analysis and interpretation.  Initial\nassay results from the drill program are anticipated in late\nJuly.\n \n \n \n \n Rob Bruggeman, President & CEO of Canstar, stated:\n“The Golden Baie Property is large and very prospective for orogenic\ngold mineralization. Our 2021 exploration program is already yielding\nnew gold occurrences along the Little River Trend.  We are also\nexcited about the commencement of drilling, as this will be the first\ndrill testing at Golden Baie in over a decade.”\n \n \n \n \n Visible gold discoveries along the\nLittle River Trend.\n \n \n \n \n At the Blow Out Prospect a flake of loose gold was\nrecently found on a quartz vein (Figure 1) in an enlarged and\nre-washed exploration trench where historic assays of 30 g/t gold were\nobtained from quartz veins in arsenopyrite bearing metasediments.  In\nbetween the Kendell and Blowout prospects, the Company’s prospectors\nalso discovered two float boulders with visible gold. The gold occurs\nin recrystallized quartz very similar to that seen at the Kendell\nProspect, located about 2 km to the southwest.  The source of the\nauriferous float samples has not yet been determined and ass...