Star

Star Minerals confirms ‘high-grade’ gold from Star of the East Project, Western Australia

Star Minerals (ASX:SMS) reports assays have confirmed ‘high-grade’ gold from a reconnaissance drilling campaign at the Star of the East Project in Western Australia.

Leveraging its commercial relationships, the company says it was able to quickly execute the planned drilling program consisting of 7 holes for 283m in September 2022 and submit its samples, with the results returned this month.

The results from the reconnaissance drilling campaign included 14m @ 8.3g/t Au from 15m including 8m @ 14.2g/t Au from 18m and 1m @ 80.9g/t Au in SRC003, 6m @ 4.95g/t Au from 9m including 1m @ 12.2g/t Au from SRC007, 6m @ 1.94g/t Au from 7m in SCR005, and 4m @ 2.44g/t Au from 16m in SRC006.

Star Minerals CEO Greg Almond said the company is very satisfied to have completed this first program and received these fantastic gold results.

“The assays confirm our initial assessment of Star of the East, and further supports our decision to sign the option agreement to access this gold deposit.

“The assays confirm our initial assessment of Star of the East, and further supports our decision to sign the option agreement to access this gold deposit”

The assays and geological logging provide further information that confirms some of our theories around the historic mining and mineralisation at Star of the East and provides encouragement for our future works to identify more gold mineralisation at this historic project.

We are very pleased that this drilling shows gold mineralisation very close to the surface, only 9m downhole in some cases, which provides plenty of encouragement to the company as we continue working on this project.”

Star says these holes were planned to test the interpretation of the geology based on the historical mining and exploration data that the company could find, and serve as a way to validate the historical information.

Star of the East is a historic, ‘high-grade’ gold mine in the Murchison region of Western Australia that was first mined in 1987 after it was discovered by prospectors, and tenement E51/1561 contains evidence of this historic work, with an old shaft and other remnants of previous activity.

Records indicate that the mine produced around 27,700oz of gold, working along a main lode down to a depth of around 50m.

Star Minerals says it has access to the project due to an access agreement signed as a result of an option agreement signed with the holders of the tenement, and the success of the drilling shows that the historical data is robust enough to use as a tool in further planning.

It also states the recent drilling, sampling and assay work from drilling shows the company is determined to execute on its announced strategy to immediately explore and develop assets that complement its existing projects, and the success of the first round of work and the positive correlation with the historical results will be followed up with a larger program.

This work to further explore and define the gold mineralisation is currently in the planning phase, and Star will plan a further drilling program once all the data has been collected, analysed and reviewed.

Star Minerals is an exploration and development company focused on copper and gold projects in Western Australia.

Its assets include the Tumblegum South Project around 40km south of Meekatharra, and the 349km-square West Bryah Project located around 140km north of Meekatharra.

Images: Star Minerals Ltd
Written By Harry Mulholland
Hailing from the Central Coast region of NSW, Harry is a passionate journalist with a background in print, radio and ESG news. When not bashing away on his keyboard, he can be found brewing a coffee or playing with his dog.