A second-phase exploration program is now in progress at the Aldebaran project under option to Arizona Star Resource (TSE) in north-central Chile.
Arizona Star is earning a 51% interest in the property from a Chilean company by spending US$4 million and making cash payments totalling US$2 million over a 3-year period.
The program, budgeted at US$355,000, includes a minimum of 8,900 ft. of drilling as well as trenching, geological mapping, and surface sampling on the Cerro Casale gold deposit and the Estrella gold zone.
Previous drilling and trenching on the Cerro Casale gold deposit outlined a gold-mineralized stockwork zone with surface dimensions measuring 2,300×1,000 ft. open laterally and to depth along its entire length. Previous drilling in the area returned a number of wide intersections starting at surface and ranging up to depths exceeding 650 ft.
Previous sampling on the
Estrella gold zone outlined widespread mineralization grading up to 0.077 oz. gold over an area measuring 3,300×1,000 ft. Arizona Star plans an initial program of trenching and drilling to test the zone.
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