Central Asia Resources Ltd: ASX Announcement
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5 March 2008
New gold zone discovery at Altyntas prospect, Kazakhstan
HIGHLIGHTS
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Best result of 30.5 meters grading 5.56g/t gold from 54.5 meters including 14.4 meters grading 10.97g/t gold from hole DDH 1064
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New zone (Zone #5) identified at Altyntas prospect
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Zone #3 traced by trenches for over 1,300 metres, drill holes have now intersected over 720 metres strike length and to a depth of 280 metres
Kazakhstan-focused gold exploration company Central Asia Resources (CVR) drilling program has resulted in the discovery of a new gold zone and
confirmed extensions to the mineralisation along strike and at depth in zone #3 at the Altyntas gold prospect.
The latest drilling at Zone #3 - which was identified by extensional drilling in September last year – has now traced the mineralization with diamond drill holes
for over 720 metres in strike length. It is open at depth and along strike with the deepest gold interval intercepted at 280 metres down hole.
The new discovery – Zone #5 – has been intersected over a strike length of 200 metres, and is open at depth and along strike.
Central Asia Resources Limited’s Chief Executive Officer, Jason Stirbinskis said "The results from the company’s most recent drilling program were very encouraging as it confirmed the prospect had
further gold mineralisation along strike and at depth. In addition, the identification of new areas of gold mineralisation at the Altyntas gold prospect highlights the potential for large tonnage deposits,"
Mr Stirbinskis said, "We remain focused on an aggressive drilling program at Altyntas prospect with the focus on announcing a maiden JORC resource estimate this quarter."
Download the full media release by clicking this link.
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Central Asia resources Ltd
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EN DÉVELOPPEMENT |
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CODE : CVR.AX |
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Central Asia est une société développant des projet miniers d'or et d'argent basée en Australie. Son principal projet en développement est BOGUTY en Ouzbekistan et ses principaux projets en exploration sont ALTYNTAS et DALABAI au Kazakhstan. Central Asia est cotée en Australie. Sa capitalisation boursière aujourd'hui est 208,2 millions AU$ (137,9 millions US$, 128,1 millions €). La valeur de son action a atteint son plus bas niveau récent le 15 mai 2017 à 0,00 AU$, et son plus haut niveau récent le 26 avril 2024 à 0,22 AU$. Central Asia possède 1 156 569 984 actions en circulation. |