Estrella Gold Corporation (CSRFF)

[canucklehead80]

Estrella President Keith Laskowski on Peru gold assays of 0.52 g/t gold over 110.5m

Estrella Gold Corp TSXV:EST announced results from its Colpayoc Gold Project in northern Peru. Assays include

0.52 g/t gold over 110.5 metres (including 1.27 g/t over 10.1 metres)
0.57 g/t over 53 metres (including 0.34 g/t over 13 metres)
0.4 g/t over 43.7 metres (including 0.98 g/t over 5 metres)
0.65 g/t over 22.5 metres
0.62 g/t over 25.5 metres (including 0.99 g/t over 8.1 metres)

President/CEO/Director Keith Laskowski tells ResourceClips.com, “These results are very similar to what we predicted. We’ve got an outcropping gold deposit, and we’re collecting systematic drill holes through it so we can qualify those results for a 43-101-compliant resource. We anticipate that this resource will substantially increase the existing compliant resource. We’re not in a position to drill off the entire deposit—our drill holes are quite shallow, generally down to about 130 to 150 metres. We’ll probably get around 400,000 ounces near surface, but these types of systems are entirely capable of producing multimillion-ounce deposits, if you drill deeper. We’re going to be looking for a partner to do that.”

Read the rest of the interview: http://bit.ly/oV2JLG.