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  • Aston Minerals (ASO) has uncovered new results from seven previously executed drill holes at its Edelston Gold Project in Ontario, Canada
  • The explorer is undertaking a review of previous drilling and exploration activities to identify further potential drilling opportunities at the project
  • A further seven drill holes with most notable intercepts of 255.4 metres at 2.54g/t gold from 75 metres including two metres at 12.17g/t gold and two metres at 224.14g/t gold are among the latest finds
  • Aston believes the assays were completed between 2012 and 2013 by the former owner of the project
  • Aston Minerals shares are off 4.17 per cent following the announcement, trading at 11.5 cents

Aston Minerals (ASO) has uncovered new results from seven previously executed drill holes at its Edelston Gold Project in Ontario, Canada.

The explorer is undertaking a review of previous drilling and exploration activities from the site including evaluations of previous paper logs, archived data and archive certificates.

Finding additional holes via this research could create more drilling opportunities for Aston.

Aston believes this particular round of results originated from an exploration programme by the former owners of the project, taking place between 2012 and 2013.

Results from an additional seven holes representing 2478 metres of drilling have been compiled, with significant intervals returning 255.4 metres at 2.54g/t gold from 75 metres including two metres at 12.17g/t gold and two metres at 224.14g/t gold.

A number of these holes and results were not disclosed to the public at the time according to Aston, however, the company has managed to compile and validate the results through discussions with former site based geologists and evaluation of paper copy archive reports.

Aston Minerals Managing Director Dale Ginn said the results provide confidence on what was previously regarded as two discrete zones.

“The widths of mineralisation are extremely encouraging and, based on our geological modelling, are interpreted to fit within a Z type fold, thus accommodating the potential for considerable thickening of mineralisation and/or accommodating considerable grade,” he explained.

“Further assay information for SL-12-115, 116.1 metres at 2.59g/t gold provides a
compelling follow-up target,” he added.

Aston has completed 11 holes for 4607 metres as part of the current drill programme, with a second diamond drill rig set to be mobilised on site.

Aston Minerals shares are off 4.17 per cent following the announcement, trading at 11.5 cents at 11:01 am AEST.

ASO by the numbers
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