Business
Chu-Ili Gold Belt Drilling Update
Chu-Ili Gold Belt Drilling Update.
About this update from East Star Resources Plc
[{"type":"text","content":"\n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 2014/596/EU WHICH IS PART OF DOMESTIC UK LAW PURSUANT TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) (\"UK MAR\"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \n \n \n \n \n NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.\n \n \n \n \n \n 9 November 2022\n \n \n \n East Star Resources Plc\n \n \n \n (\"East Star\" or the \"Company\")\n \n \n \n Chu-Ili Gold Belt Drilling Update, Kazakhstan\n \n \n \n East Star Resources Plc (LSE:EST), the Kazakhstan-focused gold, rare earths and copper explorer, is pleased to announce the completion of a three and a half month diamond core drilling programme on the Company's two Chu-Ili orogenic gold belt licences in Kazakhstan.\n \n \n \n Highlights:\n \n \n \n ·\n Total of 4,947m of diamond core drilling across both licences comprising:\n \n \n o \n 17 boreholes totalling 3,088m on the Novoe, Southern Shabdar and Eshkilitau II targets on the Apmintas Licence\n \n \n o \n 19 boreholes totalling 1,860m on the Alatagyl target on the Dalny licence\n \n \n ·\n Programme was designed to test mineralisation along strike and down dip from previous intersections from both East Star's reverse circulation drilling programme in 2021 and historical drilling at Southern Shabdar and Alatagyl\n \n \n ·\n Visual inspection of core shows promising signs of potentially gold bearing mineralisation across all targets\n \n \n ·\n Company intends to release assay results on a target-by-target basis for completeness\n \n \n \n \n \n \n \n \n Alex Walker, East Star CEO, commented:\n \n \n \n \n \"We are pleased with the pace and quality of the drill programme and encouraged by visual indicators in core samples. By doing oriented diamond core drilling, our team can get a strong understanding of the geometry of the structures controlling the mineralisation. This will form the basis for the design of future work programmes and assist with targeting...