ROSE OF DENMARK MAIDEN INFERRED JORC RESOURCE AND EXPLORATION TARGET
Highlights
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Maiden JORC compliant Inferred Mineral Resource.
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Total Inferred Mineral Resource 40,249t @ 6.00 g/t for 7,763 ounces gold.
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Initial Resource calculated only on the area immediately above and below existing mine access.
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Exploration Target has been defined to 300m below adit.
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The Maiden Inferred Resource and Exploration Target are the first steps in progressing AuStar’s formal exploration objectives of identifying and growing a substantial metal inventory
Introduction
Austar Gold Limited (ASX: AUL) has completed the initial maiden Inferred Mineral Resource estimates for the Rose of Denmark mine.
Austar Gold Limited (ASX: AUL) has completed the initial maiden Inferred Mineral Resource estimates for the Rose of Denmark mine.
Initial resource calculations have been restricted to a nominal depth of 30 metres below and 20m above the existing level of the main adit within the main sheeted dyke structure and to a greater distance within the dyke bulge.
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