Canstar Resources (TSX-V:ROX) has received a drill permit for its phase one program at the Mary March Project in Newfoundland’s Buchans District, with drilling set to begin in the Canadian summer 2026.
The company is finalising contractor selection from multiple Newfoundland-based drilling companies and expects to award the contract shortly.
CEO Juan Carlos Giron Jr says the technical team is refining drill targets through an integrated exploration approach.
“Mary March hosts multiple compelling drill targets, and we expect the project to be the focus of staged drill campaigns,” Giron Jr says.
The detailed geological work our team is undertaking to build a foundational model of the system is critical to guiding our exploration work.”
Recent lithogeochemical analysis indicates the volcanic rocks at Mary March and Nancy April prospects align with the volcanic succession hosting the historic Buchans volcanogenic massive sulphide deposits, which historically produced about 16 million tonnes of ‘high-grade’ polymetallic ore.
The company has completed a high-resolution drone magnetic survey over key target areas and is conducting an induced polarisation and resistivity survey to detect zones of disseminated sulphide mineralisation.
A borehole electromagnetic survey is also planned on selected historical drill holes across the Mary March and Nancy April targets to identify potential mineralisation near existing drill holes.
The Mary March Project is located 20km east of the historic Buchans Mining Camp and hosts copper, zinc, gold, and silver mineralisation within volcanic rocks consistent with Buchans-style deposits.
Edited by Adam Orlando
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Images: Canstar Resources
