Astral Resources reports strong assay results at Kamperman Prospect

Astral Resources NL (ASX: $AAR) has reported excellent assay results from a recently completed 26-hole/2,808 metre reverse circulation (RC) drilling program at the Kamperman Prospect, part of its 100%-owned Feysville Gold Project located approximately 14km south of Kalgoorlie in Western Australia. The results from the in-fill RC program are set to support a maiden Mineral Resource Estimate (MRE) for Kamperman, due in the September Quarter, as part of an updated MRE for the Feysville Gold Project.

Executive Commentary

This 26-hole drill program is arguably the most successful program completed to date at Kamperman. These latest results confirm our geological interpretations with, pleasingly, a broad 30-metre-wide zone of consistent +2g/t gold mineralisation defined across multiple sections in the southern zone at Kamperman. Mineral Resource estimate work is now underway at Kamperman following receipt of these latest results, while the Rogan Josh and Think Big estimations are currently being finalised. The focus is now turning to the Theia Deposit at the Mandilla Gold Project, with the first phase (6,000 metres) of in-fill RC drilling expected to get underway next week. Following the completion of the Phase 1 program, Astral will return to Feysville following up the significant gold anomalies that were announced earlier this month in an area to the north-west of Kamperman.

Summary

The strong assay results from the in-fill RC program at Kamperman Prospect demonstrate the continuity of gold mineralisation and robustness of the current geological interpretations along 450 metres of strike. These results will underpin a maiden Mineral Resource Estimate (MRE) for Kamperman, due in the September Quarter, as part of an updated MRE for the Feysville Gold Project. The company's focus is now turning to the Theia Deposit at the Mandilla Gold Project, with the first phase of in-fill RC drilling expected to commence soon. Astral Resources also plans to return to Feysville to follow up on significant gold anomalies in an area to the north-west of Kamperman. The Feysville Gold Project, located in Western Australia, holds significant potential and is expected to become a valuable source of satellite ore feed to a future operation based on Astral's flagship Mandilla Gold Project.