- Astro Resources (ARO) wraps up a geological mapping and rock-chip sampling programme at its Needles Gold Project in Nevada
- The 32 samples collected as part of the programme have been submitted for assaying with the results expected in August
- Astro says the study identified a type of volcanic rock which could be an indicator of potential gold mineralisation
- A four-hole diamond drill programme is scheduled to test previously identified anomalies for next year
- Astro Resources shares closed today’s session in the grey to trade at 0.5 cents
Astro Resources (ARO) has wrapped up a geological mapping and rock-chip sampling programme at its Needles Gold Project in Nevada.
The company appointed consultant geologist Elliott Crist to undertake the exploration.
A total of 32 samples were collected and submitted as part of the research to ALS Global in Reno Nevada for assaying, but Astro estimates results will not be available until August 2021.
The study identified impervious welded tuff — a type of volcanic rock — which Astro believes could be an indicator of potential gold mineralisation.
Looking ahead, Astro said it intends to carry out induced polarisation (IP) and seismic surveys over the area in due course.
The company is looking to undertake a four-hole drilling programme at the prospect to test an IP anomaly identified earlier this year.
Astro has secured a drilling contractor to undertake the drilling of four diamond holes to test the IP anomaly identified at the project earlier this year.
The ASX lister anticipates the drill rig to become available in the first quarter of 2022 but is in discussions with other drilling companies in an attempt to speed up the process for later this year.
Astro Resources shares closed today’s session in the grey to trade at 0.5 cents.