AuStar Gold CEO, Tom de Vries, said “The diamond drilling into the southern extension of both Stone’s and more importantly McNally’s Reefs demonstrates that further drilling is required to test the full mining potential of these near term production areas. These widely spaced drill holes give great encouragement that McNally’s reef has significantly more gold than first thought. “While we await all assays and in order to give the team sufficient time to reinterpret the geology to plan the next phase of drilling. The diamond drill team will move to commence testing the next exploration target, Whitelaw’s South. The exploration team identified Stones and McNally’s as a priority target in July 2018 and its success gives encouragement for the remaining identified targets and exploration program moving forward.”
AUL Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
