Archean Star Encounters 28 Meters of Mineralization in Hole TB008 at Gnaweeda
Archean Star Resources Inc., ASP: TSX-V, ("Archean" or the "Company") reports that diamond drill hole TB008 at the Turnberry prospect at the Gnaweeda Gold Project, with a planned depth of 350 meters to test gold mineralization down dip from hole GNRC008, was extended to, and closed off at, 374 meters downhole. A strongly mineralized zone of quartz-carbonate veins with sulphide mineralization consisting of pyrite and trace arsenopyrite and chalcopyrite was encountered from 327 meters to 355 meters downhole with visible gold present in quartz veining at approximately 337 meters.
Gold mineralization has now been identified at various depths at the southern part of the Turnberry prospect from near surface to as deep as 270 meters, along a strike length of approximately 150 meters. Mineralization is open along strike and to depth. The 2.5 km long Turnberry prospect contains three distinct highly prospective gold bearing zones each with a potential length of approximately 500 meters.
Diamond drill hole TB008 encountered the visible gold approximately 200 meters below a 5 meter intersection of 13.49 g/t gold in GNRC008. TB008 is approximately 100 meters north of the Company's diamond drill hole TB003, that encountered 3 meters of 8.27 g/t gold and hole GNRC009 that encountered 4 meters at 17.77 g/t Au and approximately 50 meters north of TB006 that encountered multiple gold intersections within an approximately 41 meter interval, with the highest grade reported being 2 meters at 10.58 g/t gold.
TB008 core has been logged and cut with samples submitted to ALS Chemex Laboratories in Perth, WA. Assays will be released when received.
It's all happened before and it will all happen again. Might as well profit from it.
