Astral
and Kootenay Intersect new Stockwork Zone and Extend Main Discovery Zone to
900m at Jumping Josephine
Vancouver,
BC - Astral Mining Corporation (TSX-V AST)
("Astral" or "the Company") and joint venture partners Kootenay
Gold Inc. (TSX-V KTN) are pleased to announce the final results from a 34
hole, 5071.81m HQ diamond drilling program at the Jumping Josephine Gold
Project in south-eastern British Columbia. Significant outcomes of this program include;
- Extension of the JJ Main Discovery Zone 180m south along strike from previous drilling. The zone has been
intersected over 900m horizontal extent and to a maximum vertical depth
of 240m.
- Discovery of a second stockwork zone 400m southeast of the JJ Main zone, indicating the potential for parallel,
structurally-controlled mineralization.
- Results up to 4m @ 21.04 g/t gold from infill drilling at
the discovery zone, supporting previous work.
In addition, Astral's surface exploration has returned grades up to 5.0 g/t
gold from rock samples along the JJ Main trend some 1.5km from the nearest
drilling. Based on drilling to date, the zone is open to depth and along
strike. Surface evidence suggests the mineralized zone could exceed 2.5km in
length.
The drill program was designed to test three aspects of the JJ Main Discovery
Zone and comprised infill drilling to better define width and grade
distribution within the known mineralized stockwork zone, drill-testing of
two selected 3D-IP chargeability anomalies and extension drilling on the JJ
Main structure along strike. A plan view of the drilling at JJ main may be
seen at http://www.astralmining.com/s/JumpingJosephineMaps.asp
an updated long section of mineralization may also be viewed at http://www.astralmining.com/s/JumpingJosephineMaps.asp.
Infill drilling comprised 30 HQ diamond drill holes (08JD070-100, 08JD091
abandoned) for a total of 3632.49m; all holes intersected quartz stockwork
veining within and below the known JJ Main stockwork zone. The 2008 drilling
provides better definition to the mineralized zone delineated in 2007 with
significant assays including 4m grading 21.04 g/t gold from hole 08JD092.
Drilled intercept density within the higher-grade mineralized shoot
underneath the surface discovery zone is now approximately 20m x 20m.
Table 1: Infill
Drilling -- Significant Results
Hole ID
|
UTME?
|
UTMN?
|
Dip
|
Azimuth
|
From
|
To
|
Interval
(m)
|
Au g/t*
(wt avg)
|
Interval
(ft)
|
Au opt**
|
08JD075
|
429786
|
5456767
|
-70
|
316
|
16.0
|
31.3
|
15.3
|
0.71
|
50.1
|
0.021
|
08JD076
|
429801
|
5456752
|
-45
|
315
|
30.5
|
37.3
|
6.8
|
0.84
|
22.1
|
0.025
|
08JD077
|
429801
|
5456752
|
-90
|
315
|
37.5
|
54.5
|
17.0
|
1.50
|
55.8
|
0.044
|
(incl)
|
|
|
|
|
49.5
|
50.5
|
1.0
|
15.90
|
3.3
|
0.464
|
08JD078
|
429785
|
5456728
|
-45
|
315
|
40.0
|
49.0
|
9.0
|
3.94
|
29.5
|
0.115
|
(incl)
|
|
|
|
|
41.0
|
42.0
|
1.0
|
13.75
|
3.3
|
0.402
|
08JD079
|
429785
|
5456728
|
-65
|
315
|
54.0
|
71.0
|
17.0
|
1.25
|
55.8
|
0.037
|
(incl)
|
|
|
|
|
64.0
|
67.0
|
3.0
|
2.58
|
9.8
|
0.075
|
08JD080
|
429785
|
5456728
|
-80
|
315
|
102.0
|
103.0
|
1.0
|
1.31
|
3.3
|
0.038
|
08JD081
|
429728
|
5456672
|
-45
|
315
|
30.0
|
37.0
|
7.0
|
2.43
|
22.9
|
0.071
|
08JD082
|
429728
|
5456672
|
-60
|
319
|
44.5
|
48.0
|
3.5
|
11.24
|
11.5
|
0.328
|
08JD083
|
429728
|
5456672
|
-75
|
315
|
51.0
|
59.0
|
8.0
|
1.71
|
26.2
|
0.050
|
(and)
|
|
|
|
|
67.0
|
68.0
|
1.0
|
2.48
|
3.3
|
0.072
|
08JD084
|
429768
|
5456689
|
-50
|
315
|
61.0
|
65.0
|
4.0
|
1.60
|
13.1
|
0.047
|
08JD085
|
429768
|
5456689
|
-65
|
315
|
74.0
|
84.0
|
10.0
|
1.01
|
32.8
|
0.029
|
08JD086
|
429788
|
5456668
|
-60
|
320
|
104.0
|
119.0
|
15.0
|
1.24
|
49.20
|
0.036
|
08JD087
|
429788
|
5456668
|
-75
|
322
|
144.0
|
147.0
|
3.0
|
1
|
9.84
|
0.029
|
08JD088
|
429767
|
5456633
|
-55
|
316
|
127.0
|
129.0
|
2.0
|
3.42
|
6.56
|
0.100
|
08JD089
|
429767
|
5456633
|
-70
|
313
|
140.0
|
141.0
|
1.0
|
6.77
|
3.28
|
0.198
|
08JD090
|
429767
|
5456633
|
-78
|
315
|
164.0
|
172.0
|
8.0
|
1.84
|
26.24
|
0.054
|
(and)
|
|
|
|
|
180.0
|
183.0
|
3.0
|
3.34
|
9.84
|
0.098
|
08JD092
|
429844
|
5456675
|
-50
|
318
|
118.0
|
122.0
|
4.0
|
21.04
|
13.12
|
0.614
|
(incl)
|
|
|
|
|
119.0
|
120.0
|
1.0
|
50.2
|
3.28
|
1.466
|
08JD093
|
429844
|
5456675
|
-50
|
318
|
122.1
|
124.0
|
1.9
|
1.10
|
6.23
|
0.032
|
08JD094
|
429844
|
5456675
|
-60
|
318
|
167.0
|
169.0
|
2.0
|
2.96
|
6.56
|
0.086
|
08JD095
|
429718
|
5456626
|
-70
|
315
|
61.0
|
65.0
|
4.0
|
4.08
|
13.12
|
0.119
|
08JD096
|
429718
|
5456626
|
-45
|
315
|
74.0
|
80.0
|
6.0
|
8.73
|
19.68
|
0.255
|
08JD097
|
429718
|
5456626
|
-75
|
312
|
98.5
|
102.0
|
3.5
|
3.30
|
11.48
|
0.096
|
(and)
|
|
|
|
|
110.0
|
112.0
|
2.0
|
1.70
|
6.56
|
0.050
|
09JD098
|
429701
|
5456642
|
-45
|
315
|
37.0
|
38.0
|
1.0
|
0.22
|
3.28
|
0.006
|
08JD099
|
429757
|
5456556
|
-65
|
315
|
170.0
|
188.0
|
18.0
|
1.14
|
59.04
|
0.033
|
(incl)
|
|
|
|
|
172.0
|
176.0
|
4.0
|
2.46
|
13.12
|
0.072
|
08JD100
|
429757
|
5456556
|
-75
|
314
|
227.0
|
228.0
|
1.0
|
5.72
|
3.28
|
0.167
|
(and)
|
|
|
|
|
232.0
|
236.0***
|
4.0
|
1.17
|
13.12
|
0.034
|
* grams per metric tonne
** troy ounce per short ton
*** 1.05m core loss within interval
- NAD 83 UTM Zone 11 -- collars spotted with compass and chain from known
collar locations
Two drillholes (08JD101 and 102) totalling 893.59m were completed to test two
selected 3D-Induced Polarization chargeability anomalies beneath and adjacent
to known mineralization. 08JD101 (453.35m) targeted a columnar-shaped
chargeability anomaly extending upwards from a deeper and larger anomaly
centred beneath the location of the JJ Main showing. This hole encountered
felsic intrusive country rocks showing variable propylitic and potassic
alteration often accompanied by fine disseminated pyrite � rare sphalerite
and weak to moderate silicification. Gold values were generally low, though
one significant intercept was returned from 08JD101 where the hole passed
through the JJ Main stockwork zone (see Table 2).
08JD102 (440.24m) collared some 400m southeast (perpendicular to strike) from
the JJ Main Zone and targeted a columnar chargeability anomaly extending to
near surface. This hole encountered a 2.5m wide zone of stockwork veining
from 162m averaging 0.36 g/t gold, containing arsenopyrite and pyrite,
visually similar to the JJ Main Zone, suggesting the existence of a new
previously-undiscovered stockwork zone. Given the variability of grade
along strike and down plunge at the JJ Main Zone, this discovery is
considered to be very significant and lends support to Astral's model that
predicts the presence of additional structurally-controlled, parallel stockwork
zones within the immediate 2km x 3km area surrounding the JJ Main Discovery
Zone. Significant intercepts are presented below.
Table 2: I.P. Anomaly drilling -- Significant Results
Hole ID
|
UTME?
|
UTMN?
|
DIP
|
Azimuth
|
From
|
To
|
Interval
(m)
|
Au g/t
(wt. avg)
|
Interval
(ft)
|
Au opt
|
08JD101
|
430042
|
5456980
|
-60
|
260
|
163.7
|
165.5
|
1.8
|
0.84
|
5.9
|
0.025
|
08JD102
|
429845
|
5456140
|
-75
|
180
|
162.0
|
164.5
|
2.5
|
0.36
|
8.2
|
0.011
|
Two drillholes (08JD103 and 104) totalling 545.73m were completed to test the
southward extension of the JJ Main structure. 08JD103 (116.77m) sought to
test for possible flexure in the mineralized structure while 08JD104
(428.96m) tested the main zone 180m south, and directly along strike from,
previous drilling. 08JD103 did not detect a south-trending flexure. 08JD104
intersected a 12.4m wide quartz stockwork zone from 263m containing minor
pyrite and chalcopyrite � arsenopyrite. This zone is visually similar to the
quartz stockwork that comprises the JJ Main Zone and effectively increases
known occurrence of veining along the structural corridor to 900m.
Table 3: Extension Drilling -- Significant Results
Hole ID
|
UTME?
|
UTMN?
|
DIP
|
Azimuth
|
From
|
To
|
Interval
(m)
|
Au g/t
(wt avg)
|
Interval
(ft)
|
Au opt
|
08JD103
|
429700
|
5456407
|
-45
|
315
|
|
no
|
significant
|
intercepts
|
|
|
08JD104
|
429555
|
5456262
|
-65
|
305
|
264.0
|
275.0
|
11.0
|
0.32
|
36.1
|
0.009
|
In addition to diamond drilling, Astral has maintained ongoing surface
sampling, geological mapping and trenching. Fieldwork has now finished for
2008 and will recommence in spring 2009. Encouraging rock chip results along
strike from the JJ Main discovery zone late in the season prompted Astral to
submit application for trenching at this site. The permit was not received
before the cessation of operations and as such will be undertaken early in
spring 2009.
A series of applications for work at Jumping Josephine will be prepared over
the winter period and will include an expanded drill program designed to
further test JJ Main and for parallel zones, an expanded trenching operation
over several prospective showings, and preparations for an application for bulk
testing at the JJ Main Discovery Zone. The extraction of a 10,000 tonne bulk
sample will provide a reconciled head grade for JJ Main Zone, useful in
determining the effectiveness of assay methods where coarse gold is present.
Astral is also planning metallurgical testwork on samples from JJ Main over
the winter to assess the amenability of the material to modern processing
methods.
All drill core samples reported above were from HQ diameter core halved by
diamond saw. Given the occurrence of visible gold often observed in the
mineralized zone, a large 1,000g portion of each pulverized sample was
analyzed for gold by the Screen Fire assay method. All reported analyses were
carried out by ALS Chemex in North Vancouver B.C. ALS-Chemex is an
internationally-recognized analytical service provider compliant with ISO
9001:2000 for the provision of assay and geochemical services. The Vancouver
laboratory has also been accredited to ISO 17025 standards for specific
laboratory procedures by the Standards Council of Canada. In addition to
laboratory standards, Astral has included independently-prepared standards
into the sample sequence to assure proper quality assurance/quality control
(QA/QC).
Exploration work reported in this release was completed under the supervision
of Astral's Project Geologist Dale Brittliffe, P.Geo. Technical information
contained in this release has been reviewed by Dr. David A. Terry, P.Geo.,
Director of Astral Mining Corporation, and a Qualified Person as defined in
National Instrument 43-101.
Astral has earned a 60% interest in the JJ Project from Kootenay (see May,
2008 news release).
Astral Mining Corporation is a Canadian company engaged in the exploration
and development of precious metal properties in North America. By focusing on
exploration in mining-friendly districts, the Company minimizes the political
and social risks encountered in many other parts of the world. With a new
gold discovery at the Company's Jumping Josephine Gold Project in Southern
British Columbia and an experienced technical team and seasoned management,
Astral is poised to leverage this expertise into early exploration success.
Further details on Astral Mining Corporation and its high-quality portfolio
of exploration projects can be found at www.astralmining.com.
ON BEHALF OF THE BOARD
Manfred Kurschner"
Mr. Manfred Kurschner, President & CEO
Astral Mining Corporation
ON BEHALF OF THE BOARD
"James M. McDonald"
Mr. James M. McDonald, CEO
Kootenay Gold Inc.
For further information on Astral please contact Manfred Kurschner, President
& CEO, at 604-641-1315, , or by email info@astralmining.com, or visit the
Company's web site at http://www.astralmining.com.
For further information on Kootenay Gold, James McDonald, CEO at 403-
238-6986 or Ken Berry, President at 604-601-5655; 1-888-601-5650;
www.kootenaygold.ca
The TSX Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or the accuracy of this release. Cautionary Note to US
Investors: This news release may contain information about adjacent
properties on which we have no right to explore or mine. We advise U.S.
investors that the SEC's mining guidelines strictly prohibit information of
this type in documents filed with the SEC. U.S. investors are cautioned that
mineral deposits on adjacent properties are not indicative of mineral
deposits on our properties. This news release may contain forward-looking
statements including but not limited to comments regarding the timing and
content of upcoming work programs, geological interpretations, receipt of
property titles, potential mineral recovery processes, etc. Forward-looking
statements address future events and conditions and therefore involve
inherent risks and uncertainties. Actual results may differ materially from
those currently anticipated in such statements.
2008 Number 12
|