Le Lézard
Classified in: Mining industry

InvestmentPitch Media Video Discusses Astra Exploration's Completion of Phase II Drilling Program at Pampa Paciencia in Chile, Extending Vein 2.1km with Assays Expected in September

VANCOUVER, British Columbia, Aug. 25, 2022 (GLOBE NEWSWIRE) -- Astra Exploration (TSXV:ASTR) (OTCQB:ATEPF) has completed its Phase II drilling program at its Pampa Paciencia gold-silver project in northern Chile. The flagship 3,840 hectare, road-accessible, low sulphidation epithermal gold-silver project is located within an active mining district less than 15 kilometers from two major mines, Sierra Gorda and Spence, and 5 kilometers from the Faride mine, in the Antofagasta Region in northern Chile.

A Media Snippet accompanying this announcement is available by selecting the image or link below:

InvestmentPitch Media Video Discusses Astra Exploration's Completion of Phase II Drilling Program at Pampa Pacienca in Chile, Extending Vein 2.1km with Assays Expected in September: Astra Exploration completes Phase II Drilling Program at Pampa Pacienca in Chile, extending vein 2.1km with assays expected in September

For more information, please view the InvestmentPitch Media video which provides additional information about this news and the company along with video comments by Brian Miller, CEO. The video is available for viewing on "InvestmentPitch" and on "YouTube". If these links are not enabled, please visit www.InvestmentPitch.com and enter "Astra" in the search box.

Astra has completed property wide mapping and sampling, geophysical surveys, and localized trenching and in doing so, has defined a vein boulder field over approximately 75% of the project area. The veins do not outcrop as the majority of the project area is covered by a thin layer of gravels and caliche but the vein float can be used to identify areas of high prospectivity.

The Phase II program consisted of 3,976 metres of RC drilling in 15 holes, all in the North Zone target area, where 100% of the holes intersected quartz veins, stockworks or veinlets close to target depths. The primary focus was to test the Paciencia Vein System at depth in the two defined high-grade zones defined earlier this year in the Phase I drill program.

Eleven holes were drilled into known veins, with 4 holes directed to Paciencia Oeste vein segment, 3 to Paciencia and 4 to Paciencia Este segment. Drill results from the Phase II program confirm the continuity of the quartz veins at depth in the Paciencia Vein System, which is a low-sulphidation epithermal (LSE) vein structure averaging 10-15 metres thickness over a strike length of approximately 1.4 kilometres.

Some deeper holes in the Paciencia and Paciencia Este vein segments are showing a change in the dip and thickness of the vein. Secondary targets consisted of other vein structures discovered during the Phase I drill program. These include blind magnetic low anomalies and newly interpreted vein structures from other geophysical targets, in particular WNW, E-W to ENE-striking magnetic lineaments related with low magnetic regional anomalies.

A new WNW-ESE vein (Tormenta vein) was intersected in hole PPRC22-46 with a 28 metre-thick downhole interval (10 metres estimated true width) and is interpreted to extend west to a six metre-thick downhole interval (5 metres estimated true width) at hole PPRC22-55. Hole PPRC22-54 intersected quartz veinlets and is interpreted to extend west to hole PPRC-22-38, discovered in Phase I, in a new ENE-WSW vein structure.

The shares, which began trading on the TSX Venture Exchange on January 26th, are currently trading at $0.20.

For more information on the company and its portfolio of properties in Chile, please visit the company's website www.astra-exploration.com, contact Brian Miller, CEO, at 604-428-0939 or by email brian.miller@astra-exploration.com. For investor relations, please contact Nikki McEachnie, Manager of Investor Relations, Marketing & Business Development, at 416-209-4940 or email nikki.mceachnie@astra-exploration.com.


The information in this InvestmentPitch Media Ltd video is for the viewers information only. Astra Exploration has paid a fee not exceeding $2,000 in cash to have its current news release produced in video format and distributed. The corporate information is based on information that is publicly available. Any information provided by InvestmentPitch Media Ltd., through its media services is not to be construed as a recommendation or suggestion or offer to buy or sell securities but is provided solely as an informational media service. InvestmentPitch Media Ltd makes no warranties or undertakings as to the accuracy or completeness of this information. All due diligence should be done by the viewer or their financial advisor. Investing in securities is speculative and carries risk.

About InvestmentPitch Media

InvestmentPitch Media leverages the power of video, which together with its extensive distribution, positions a company's story ahead of the 1,000's of companies seeking awareness and funding from the financial community. The company specializes in producing short videos based on significant news releases, research reports and other content of interest to investors.

InvestmentPitch Media
Barry Morgan, CEO

These press releases may also interest you

at 19:00
Zacapa Resources Ltd. (DE: BH0) ("Zacapa") is pleased to announce that Ian Slater, Executive Chairman, has acquired 5,600,000 additional common shares of Zacapa ("Zacapa Shares") in the market on November 25 and 28, 2022. Mr. Slater now has...

at 17:30
Marimaca Copper Corp. ("Marimaca Copper" or the "Company") is pleased to announce that further to its news release dated October 13th, 2022 it has filed a technical report in accordance with Canadian Securities Administrator's National Instrument...

at 17:05
Liberty Gold Corp. ("Liberty Gold" or the "Company") is pleased to announce that it has purchased and obtained registered title to two historical Black Pine Mine water rights totalling 868.5 acre feet per annum ("AFA") (~1 million cubic meters per...

at 17:00
Patagonia Gold Corp. ("Patagonia" or the "Company") is pleased to announce that it has received approval from the TSX Venture Exchange ("TSXV") of its Notice of Intention to Make a Normal Course Issuer Bid (the "NCIB"). Under the NCIB, the Company...

at 17:00
November 28, 2022 - Sable Resources Ltd. ("Sable" or the "Company") announces that the Company has granted an aggregate of 5,160,000 options to purchase common shares of the Company to directors, officers, employees and consultants in accordance...

at 17:00
Diamond Fields Resources Inc. ("DFR" or the "Company") announces that it has agreed to sell its Namibian diamond assets (the "Namibian Concessions") to Jean Boulle Diamond Mines Ltd. ("JBDM") pursuant to a diamond business sale agreement dated...

News published on 25 august 2022 at 06:00 and distributed by: