Commenced Drilling in Kazakhstan East Region
East Star Resources commenced drilling at Rulikha VMS copper target in Kazakhstan, targeting northern IP anomaly.
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East Star Resources Plc (LSE:EST), which is exploring for copper and gold in Kazakhstan, is pleased to announce the commencement of drilling at the first of two high priority VMS copper targets in East Kazakhstan.
The first drill hole at Rulikha is targeting the northern most IP anomaly (in the approximately 1,550m west to east and 1,040m north to south anomaly) immediately north of the Rulikha Deposit. The anomaly starts from approximately 100m below surface and is open at depth.
Upon completion of drilling at Rulikha, the rig will move to the Talovskoye target.
Alex Walker, East Star CEO, commented:
"The preparation work has been done. We're now ready to find out if the Rulikha Deposit continues to the north, creating another significant deposit in the East Region. If successful, new discoveries will help with underutilised regional infrastructure and falling employment due to mine life depletion in this proud mining region of the world."
Figure 1 Looking North towards Talovskoye at the Rulikha IP anomaly
VMS: Volcanogenic massive sulphide
IP: Induced polarisation
East Star Resources Plc
Alex Walker, Chief Executive Officer
SI Capital (Corporate Broker)
Nick Emerson
Vigo Consulting (Investor Relations)
Ben Simons / Peter Jacob
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The person who arranged for the release of this announcement was Alex Walker, CEO of the Company.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.