Astral Mining Corporation

Published : March 15th, 2007

JV with Gold Summit

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Keywords :   Canada | Gold | K Street |

 

March 14, 2007

ASTRAL MINING CORPORATION

 

TSXv - AST; Frankfurt - A7D (WKN A0J DX3)

ASTRAL MINING ANNOUNCES

JOINT VENTURE WITH GOLD SUMMIT

-- GOLD PROJECTS IN NORTH & SOUTH CAROLINA --

 

 

     Option Agreement with Gold Summit Corporation to Explore for High-Grade Gold in Historic Mining Areas of North and South Carolina, USA (Astral Can Earn up to 80%)

     Drilling in as Early as 60 Days on Private Lands

     �Grab Rock Chip Values in Quartz Vein Outcrop and Float, Assaying Between 3.4 And 144 G/T Gold, Were Previously Reported�

     (Click Here for Gold Summit News Release December 13th, 2006)

     Historic Mining Area With �Greenstone-Style� Quartz Veining With Visible Gold (Confirmed by Assay)

 

(Click Here For Astral Press Release)

Dear Friends:

 

Astral has scored a new high with the announcement of this Joint Venture (JV) with Gold Summit Corporation in the Carolinas. This historic mining area in the Carolina Slate Belt was one of the earliest gold discoveries in North America, preceding both the California and Klondike Gold Rush. Modern scientific techniques have ushered in a new era for the region and Astral is anxious to get rolling on the project area that takes in part of both North and South Carolina.

 

Not only is the preliminary geological work exciting but there are many other advantages to the project. First and foremost are the people involved. Gold Summit is headed by non other than Dr. Tony Taylor a very experienced geologist with many years of hands on exploration experience who is also a Director of Hecla Mining Corporation, one of North America�s oldest mining companies. The exploration team in the Carolinas is the same technical group behind the Ridgeway Mine discovery in the early 1990s.

 

Astral is certainly fortunate to have Dr. Taylor and his experienced team which will operate the JV working with The Company. Other reasons to be excited is that because the project areas are entirely on private �freehold� lands, the entire drilling process should be speeded up considerably � no drill permits are required � no land claims issues are involved � and there is a minimum of political and environmental considerations that have to be met.

 

The area is also reported to be very mining friendly and the locals are anxious for the jobs that exploration and mining might bring to the region. Manfred Kurschner, President of Astral and Dr. David Terry, Chief Geologist for the Company, now have another stellar project to work on, and they now have joined forces with Dr. Taylor and his Gold Summit experts. What a great team! Because of the unique situation in the Carolinas they are confident that drilling can begin in as early as 60 days. That is the kind of news we love to hear. Great work Manfred, David and Tony!!!

 

Regards,

 

Nick Nicolaas

 

For more Astral Mining Corporation information contact

MINING INTERACTIVE CORP

www.mininginteractive.com

 

 

Nick L. Nicolaas

(604) 657-4058

nick@mininginteractive.com

 

or

Wayne A. Melvin

(604) 619-6327

wayne@mininginteractive.com

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DISCLAIMER: Nick L. Nicolaas Proprietorship (NLN) and Mining Interactive and its Associates (collectively referred to as MI) are not registered advisors and do not give investment advice. NLN and MI�s comments are an expression of opinion only. Although NLN and MI may have an investment in some of the companies NLN and MI mention, nothing should be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity or any other financial instrument at any time. While NLN and MI believe all statements to be true, they always depend on the reliability of NLN and MI's sources. NLN and MI recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and barring that, NLN and MI urges you to confirm the facts on your own on any companies NLN and MI mention before making important investment commitments.

 

 


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MiningInteractive | 2050 Comox Street | Apt 404 | Vancouver | BC Canada | V6C 1R8 | Canada

Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Astral Mining Corporation

EXPLORATION STAGE
CODE : AA.V
ISIN : CA0463494033
CUSIP : 046349 40 3
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Astral Mining is a silver and gold exploration company based in Canada.

Astral Mining holds various exploration projects in Canada and in Mexico.

Its main exploration properties are JUMPING JOSEPHINE, HONEYMOON BC and BARRIERE RIDGE in Canada and LOS CRESTONES PROPERTY in Mexico.

Astral Mining is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 769 500 as of today (US$ 584 949, € 523 939).

Its stock quote reached its highest recent level on July 13, 2007 at CA$ 8.70, and its lowest recent point on September 21, 2015 at CA$ 0.02.

Astral Mining has 25 650 000 shares outstanding.

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Annual reports of Astral Mining Corporation
2008 Annual report
Annual Report 2007
Financings of Astral Mining Corporation
11/14/2007 Private Placement Oversubscribed
3/21/2007Private Placement Of Flow-Through Units With The Mineralfiel...
Project news of Astral Mining Corporation
9/7/2011Drilling Started on Los Crestones in Mexico
5/11/2011(Jumping Josephine)Announces Initial Resource Estimate at Jumping Josephine
3/25/2011(Los Crestones Property)Commences Exploration Program at Los Crestones Gold-Silver P...
3/8/2011(Barriere Ridge)Signs Option on Barriere Ridge Silver-Gold Project, Southern...
6/22/2010(Jumping Josephine)Commences Summer Exploration Program on Jumping Josephine Go...
5/3/2010(Jumping Josephine)Files Independent 43-101, Begins 2010 Field Program
3/16/2010(Jumping Josephine)Completes Infill Aeromagnetic Survey at Jumping Josephine an...
2/2/2010(Jumping Josephine)Announces Encouraging Metallurgical Testwork on Drill Sample...
12/17/2009(Jumping Josephine)To Acquire 100% Interest In Jumping Josephine Kootenay To Re...
10/29/2009(Jumping Josephine)Prepares Bulk Sample Permit Application for Jumping Josephin...
11/18/2008(Jumping Josephine)and Kootenay Intersect new Stockwork Zone and Extend Main Di...
6/4/2008(Bear Creek)Gold Summit Reports Drill Assay Results From Carolinas
11/14/2007(Jumping Josephine (jj))Announces First Results from Phase II Drilling on the Jumpin...
9/11/2007(Jumping Josephine (jj))Final Drill Results of Phase I at its JJ Gold Discovery & An...
7/12/2007(Jumping Josephine (jj))Drills 7.01 g/t Gold over 19 metres on Jumping Josephine Gol...
7/10/2007Intersects 1.98 m of 17.8 g/t Gold at Saluda Gold Project, S...
6/14/2007(Jumping Josephine (jj))Drills 9.95 g/t Gold over 10m on Jumping Josephine Gold Proj...
6/6/2007(Jumping Josephine (jj))Update on Astral's Jumping Josephine Gold Project Drilling P...
6/5/2007(Jumping Josephine (jj)) Options Property Adjacent to Jumping Josephine Gold Project
5/24/2007Announces High-Grade Gold Assay, Saluda, South Carolina
3/20/2007(Jumping Josephine (jj))To Drill The Jumping Josephine; Sets 2007 Exploration Budget
Corporate news of Astral Mining Corporation
2/5/2013Orex and Astral Announce Final Court Order Approving Arrange...
2/1/2013Orex and Astral Announce Results of Annual General and Speci...
1/21/2013Announces Annual General and Special Meeting
12/10/2012Orex and Astral Announce Signing of Arrangement Agreement
12/10/2012Orex and Astral Announce Signing of Arrangement Agreement
10/15/2012Orex and Astral Announce Merger by Way of Plan of Arrangemen...
12/12/2011PRESS RELEASE - New Astral Results in Mexico
12/12/2011re=3A New Astral Mining results from Mexico
7/7/2011Gitennes Reports Strong Set of Urumalqui Assay Results
5/24/2011Gitennes Reports More Results from Urumalqui Project - Peru
5/6/2008and Kootenay Form JV and Announce 2008 Exploration Program f...
4/9/2008to raise $1,800,000 CDN
2/6/2008 Starts Drilling on the Bear Creek Gold Prospect, North Caro...
11/5/2007Closes $1,021,000 Financing
9/28/2007to Raise Total of $1.25 Million Financing.
9/27/2007Mineralfields Group Invests Another $500,000 In Astral Minin...
9/25/2007Increases Offering to $750,000
9/21/2007To Raise $500,000
9/11/2007Announces Commencement of Phase II Drilling at the Jumping J...
4/30/2007Commences Airborne Geophysical Survey on Chenier Copper-Gold...
4/27/2007Raises $1,250,000.00
4/5/2007Closes Financing with MineralFields Group
3/15/2007JV with Gold Summit
2/22/2007Acquires Additional Gold Properties In Nevada
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