Business
Canstar Outlines 2021 Exploration Plans for the Golden Baie Project in Newfoundland
(TheNewswire) Highlights: - $1.5 million exploration program incl...
About this update from Canstar Resources Inc.
[{"type":"text","content":"Canstar Outlines 2021 Exploration Plans for the Golden Baie Project in Newfoundland\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Highlights:\n \n \n \n \n \n \n - $1.5 million exploration program includes diamond\ndrilling, trenching, and regional exploration on the Golden Baie\nProject, a large claim package in southern Newfoundland that is highly\nprospective for orogenic gold mineralization.\n \n \n \n \n - Drilling is expected to commence by early June and\nwill focus on the Kendell Prospect and the Blow Out Prospect, building\non the field work from 2020.\n \n \n \n \n \n \n - The Kendell Prospect has the best grab samples (up to\n4,485 g/t gold) and the best trench intercepts encountered on the\nProject to date.\n \n \n \n \n - The Blow Out Prospect area has multiple gold\noccurrences at surface grading up to 32 g/t gold and gold-in-soil\nanomalies spanning over 1,200 metres along strike by up to 300 metres\nwide.\n \n \n \n \n \n \n - Ground magnetic surveys have been completed in the\nKendell and Blow Out areas to aid with structural interpretation and\ntrenching to refine drill targets is permitted and underway.\n \n \n \n \n - Regional exploration will evaluate the more remote\nclaim blocks of the 62,175 hectare property in an effort to extend the\nstrike length of surface gold occurrences defined to date, which\ncurrently span approximately 40 km on the Golden Baie property.\n \n \n \n \n \n \n Toronto, Ontario\n \n \n –\n \n \n TheNewswire -\n \n \n May 25, 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 details of\nits 2021 exploration program on the Golden Baie Project in southern\nNewfoundland.  The exploration program is budgeted for $1.5 million\nand will include at least 2,500 metres of diamond drilling, which will\nbe the first drilling on the property in over a decade.  Subject to\nreceipt of drill permits, drilling using a track-mounted drill rig is\nexpected to commence by early June and continue into July.  This\nallows for a potential second phase of the 2021 field program, if\nwarranted by drill results from the first phase of drill\ntesting.\n \n \n \n \n Exploration Objectives\n \n \n \n \n The 2021 exploration pr...