Astro Resources takes the magnifying glass to Central’s polymetallic potential

Ironstone that hosts 0.24% U3O8 mineralisation from 689.09 – 689.41 metres in drill-hole KNXLE001RDD. Diamond drilling at Astro Resources NL (ASX:ARO) ’s Leichhardt East prospect has uncovered copper, silver, bismuth and uranium within the Georgina iron oxide copper gold (IOCG) project in the Northern Territory.

The explorer tabled early-stage assays from a deep diamond drill hole at the Central tenement’s polymetallic prospect, which uncovered copper linked to ironstones and IOCG pathfinders like uranium in a number of samples.

Ultimately, Astro believes the polymetallic anomalism reinforces Georgina’s IOCG prospectivity and underscores its similarity to other fruitful deposits.

The company plans to team the diamond assays with results from down-hole electromagnetic surveillance, charting the course for follow-up drilling. Next up: detailed review Astro executive chairman Tony Leibowitz said he was pleased with the early results, which hint that Leichhardt East prospect may have hit the outer edge of a mineralised IOCG system within Georgina’s […]

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet