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Canstar Resources Announces Completion of Phase I Drilling
Toronto, Ontario--(Newsfile Corp. - March 18, 2019) - CANSTAR RESOURCES INC. (TSXV: ROX) (OTCQ...
About this update from Canstar Resources Inc.
[{"type":"text","content":"Canstar Resources Announces Completion of Phase I DrillingToronto, Ontario--(Newsfile Corp. - March 18, 2019) - CANSTAR RESOURCES INC. (TSXV: ROX) (OTCQB:CSRNF) (\"Canstar\" or \"the Company\") is pleased to provide results from its recently completed Phase I exploration program at the Mary March Joint Venture where Canstar is the operator and majority (56%) partner with Glencore (44%). Phase I Drilling and downhole EM at Buchans-Mary MarchPhase I consisted of 1,901 metres of drilling in five drill holes as outlined in Figure 1 (note Hole MM-19-39 and MM-19-40 were collared at the same location) as well as downhole EM surveys on three of the five drill holes. As disclosed in Canstar's News Release dated December 13, 2018, the goal of Phase I was to test the mineralized horizon at the top of the extensively altered Mary March panel and included a deep hole (MM-19-36) measuring 538.8 metres testing underneath historical drill hole MM-294-7 as well as testing the Mary March horizon to the southwest which has seen little historic drilling. Notable intercepts include:DrillholeFromToInterval (m)Zn %Cu %Pb %Ag g/tAu g/tMM-19-36108.1108.20.10.011.840.05420.20946276310.720.040.0032.00.899MM-19-377.013.06.00.520.020.051.10.043Including9.010.01.02.010.070.031.50.04138.344.46.10.560.090.071.10.030Including41.342.31.01.940.060.062.50.058MM-19-3860.361.81.50.720.100.0020.60.014130.1130.40.30.590.212.198.20.016 Canstar will follow up its initial drill program with a ground based regional lithogeochemical program, mapping and prospecting, coupled with core review and a structural re-interpretation, to refine future drill targets, in what Canstar believes is a target rich environment, on a significant land package that has received little sustained attention in over twenty years.Bob Patey, VP Exploration commented: \"The winter drill program provided valuable information on structure and alteration in the Mary March area which will help target the next phase of exploration. Strongly altered felsic rocks of the Mary March Panel were encountered in drill holes MM-19-36, 37, 38, and 40. Drill holes MM-19-37 and MM-19-38 also sampled low grade mineralization in the Nancy April footwall which is also a target for future exploration.\"\"Mary March represents a significant fault bounded high grade massive sulphide intersection within a setting whe...