ROX News
stockwatch.com
CANSTAR RESOURCES COMPLETES FIRST PHASE OF DRILLING AND INTERCEPTS SEVERAL GOLD-BEARING ZONES ON KENORA GOLD PROJECT
Canstar Resources Inc. has released results for the first phase of diamond drilling at its 100-per-cent-owned Kenora gold project, located in the Wabigoon subprovince near Kenora, Ont., Canada. Canstar completed an 8-hole, 1,062 meter exploratory drilling program in early February of 2017. Highlights include:
0.5 g/t gold over 22.0 meters in KG-17-08 located 146 meters northeast of the Company's Ace Showing, including 1.0 g/t gold over 3.0 meters
The 22 meter zone intercepted in KG-17-08 occurs 146 meters northeast of the Ace Showing and thus represents a new zone on the property and a significant continuation of trending mineralization.
This first phase drill program represents the first drilling in the area in over a century. The program focused on the Project's "Aviator Trend" which hosts the Ace Showing, a wide, surface gold discovery which returned 29.3 meters of 3.1 g/t gold in channel sampling. Results from this drilling suggest the presence of one or multiple gold zones associated with the Ace system, however, the surface showing could not be drilled directly due to access issues. As such, the Company made a significant step-back 36 meters southwest of the showing in order to test the Ace at depth.
The program was successful in intercepting several zones of low-grade mineralization at depth, interpreted to be associated with the Ace Showing, including:
11.0 meters of 0.3 g/t gold from 109 to 120 meters (KG-17-01) 3.2 meters of 0.3 g/t gold from 74 to 77.2 meters (KG-17-01) |