Business
Talovskoye Prospect: Sampling Results
Talovskoye Prospect: Sampling Results.
About this update from East Star Resources Plc
[{"type":"text","content":"\n\nTHIS 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 \nNOT 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 \n27 November 2023\nEast Star Resources Plc\n(\"East Star\" or the \"Company\")\nTalovskoye Prospect: Sampling Results\n \nIdentification of very high-grade Cu/Ag target\n \nEast Star Resources Plc (LSE:EST), which is defining mineral resources in Kazakhstan for the energy revolution, is very pleased to announce the results from sampling at the Talovskoye prospect on the Rudny Altai Volcanic Massive Sulphide (\"VMS\") belt in Kazakhstan. The Talovskoye prospect sits on licence RA1, which is 100% owned by East Star and appears to have many geological similarities to the high-grade current and past producing VMS deposits on the belt.\n \nHighlights:\n· Mapping identifies high-grade Cu/Ag mineralisation only 17km from the Nikolovskoye processing plant\n· Samples include:\no 6.30% Cu, 5.19% Pb, 0.81 g/t Au and >100g/t Ag\no 8.44% Cu, >20% Pb, 1.1 g/t Au and > 100 g/t Ag\no 2.58% Cu, 11.35% Pb, 3.84 g/t Au and >100 g/t Ag\n· Extensive sulphide mineralisation, with outcropping gossans largely obscured under waste from historical small-scale mining\n· Existing infrastructure and proximity to the Nikolovskoye processing plant offers potential for low-cost development\n· Further exploration is required on this high-priority target with drilling planned for 2024\nAlex Walker, East Star CEO, commented:\n \n\"The Talovskoye Cu/Ag prospect is shaping up to be another very interesting target within our VMS portfolio. The detailed mapping undertaken this year has informed our geological understanding and strengthened our view that this is a prospect...