Business
Canstar Resources 11.2 Meters of 1.1 g/t Gold at Kenora Project
TORONTO, ONTARIO--(Marketwired - Nov. 15, 2017) - Canstar Resources Inc. (TSX VENTURE:ROX) ("Canstar" or the "Company") is pleased to provide results from its 1
About this update from Canstar Resources Inc.
[{"type":"text","content":"TORONTO, ONTARIO--(Marketwired - Nov. 15, 2017) - Canstar Resources Inc. (TSX VENTURE:ROX) (\"Canstar\" or the \"Company\") is pleased to provide results from its 100%-owned Kenora Gold project located near Kenora Ontario. The program was designed to test a number of induced polarization (\"IP\") targets on the property as well as the mineralized extent of the Ace discovery on the Aviator structural trend. Highlights of the drill results include: 1.1 g/t gold over 11.2 meters in hole KG17-11 within a greater zone 14.7 meters 0.9 g/t gold 0.9 g/t gold over 4.5 meters in hole KG17-15 Results are from eleven (11) holes, totaling 1,526 metres, drilled along the Aviator Gold Trend. This program was designed to test: The Company's Ace Showing which has demonstrated channel samples of 3.1 g/t over 29.3 meters in 2015 (see press release dated December 3, 2015) Numerous IP targets predominantly to the south portion of the Aviator Trend A newly discovered zone during the Winter 2017 (\"W17\") drilling program wherein the Company intercepted sub-g/t mineralization of 0.7 g/t over 7 meters approximately 140 meters to the northeast of the Ace Showing (see press release dated March 15, 2017). This was to be tested at depth. KG 17-11 was testing the newly discovered zone at depth, where it intercepted the 11.2 meter zone of 1.1 g/t within a 14.7 meter zone of 0.9 g/t gold, all of which occurs in low grade envelope of 0.6 g/t over 24.3 meters. KG17-15, which drilled 0.9 g/t over 4.5 meters, was drilled over the Ace Showing and represents the best results from the Ace Showing. Drill holes testing the IP targets were successful in explaining the IP anomalies, which were represented by sulphide-bearing sedimentary rocks in the area. Although extensive, the mineralization returned only anomalous gold values. Geologically, a key feature is notable within these results. The highlighted intercept of 1.1 g/t over 11.2 meters occurs downdip of the new zone discovered from the Winter 2017 drilling and represents and increase in grade at depth. Most interestingly this mineralization is associated with a quartz-diorite dike that has intruded the volcano-sedimentary package that runs parallel to the Aviator Trend. This was noted in the Winter 2017 drilling, and provided a geological target for this most recent round of drilling. This dike can be traced for ...