RE: IP Programme2 Dec 2024 07:54
East Star Resources Plc (LSE:#EST), which is exploring for copper in Kazakhstan, is pleased to provide an update on its copper porphyry exploration strategy at the Snowy licence, on the paleozoic Balkash-Ili volcanic arc, which was initially funded by a US$500,000 BHP Xplor grant.
Highlights:
· Soil sampling has identified a very large gold (Au) in soil anomaly (5km by 1km), coincident with the alteration signature from the multispectral imagery and directly along strike from an artisanal gold mine
· A second large anomaly (2km by 2km) with porphyry potential, has been identified through strong molybdenum ("Mo") and bismuth ("Bi") pathfinder elements, with results indicating >10 times Mo and >100 times Bi above anomalous thresholds