Subscribe
Be the first with the news that moves the market- Canstar (ROX) yielded notable gold assays from its Golden Baie Project in Newfoundland
- Highlights include 3.18 g/t Au over 22 m and 4.3 g/t Au over 14 m at the Kendell Prospect
- President and CEO Robert Bruggeman joined Coreena Robertson to shed light on the results
- Canstar Resources pursues new mineral discoveries in Newfoundland
- Canstar (ROX) opened trading at $0.05 per share
Canstar (ROX) yielded notable gold assays from its Golden Baie Project in Newfoundland.
Results stem from fall 2022 drilling – 6,471 m over 51 holes – which tested six target areas along a ~15 km prospective trend.
Kendell Prospect
Drilling extended gold mineralization at the Kendell Prospect down-plunge to 195 m (GB-22-102; GB-22-107).
Wolf Pond Target
Backed by prospective historic drilling, Canstar targeted a 1,200 m by 50 m gold-in-soil anomaly (30 to 752 ppb gold) some 300 m southeast of the Wolf Pond Gold Zone. All four holes intersected gold mineralization highlighted by WP-22-04 and WP-22-02.
97 West Target
Drilling targeted gold mineralization in trenches excavated during 2021 and the graphitic shale horizons that host high-grade gold at Kendell. The best results include 97W-22-11 and 97W-22-09.
Reconnaissance drilling
Scout drilling on early-stage exploration targets was highlighted by NB-22-02 at Northbrush (0.2 g/t Au over 16 m) and GE-22-06 at the White Out Target (0.2 g/t Au over 14 m, 0.3 g/t Au over 10.9 m and 0.4 g/t Au over 6 m).
2023 field program
Canstar is prioritizing exploration targets for a 2023 field program, including warranted follow-ups at Kendell and Wolf Pond.
President and CEO Robert Bruggeman joined Coreena Robertson to shed light on the results.
Fall 2022 drill assay highlights
Canstar Resources pursues new mineral discoveries in Newfoundland. It is currently focused on gold exploration across 939 km2 of mineral claim licenses.
Canstar (ROX) opened trading at $0.05 per share.
