InvestmentPitch Media video describes Astra Exploration’s 4.5 g/t AuEq crossing over 9.0 meters, the deep mineralization extension of the Pampa Paciencia project in northern Chile, The Canadian Business Journal.

VANCOUVER, British Columbia, Sept. 27, 2022 (GLOBE NEWSWIRE) — Astra Exploration (TSXV:ASTR) (OTCQB:ATEPF) announces results from its Phase II drilling program at the Pampa Paciencia Gold and Silver Project in northern Chile. , reported crossing. Nine meters average 4.5 grams, equivalent to one tonne of gold. The flagship 3,840-hectare, road-accessible, low hydrothermal gold and silver sulfide project is located within an active mining area less than 15 kilometers from two major mines, Sierra Gorda and Spence, and five kilometers from the Faride mine, in Antofagasta. in the area. Northern Chile.

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Astra completed property-wide mapping and sampling, geophysical surveys, and local trenching, and in doing so defined a vein boulder field over approximately 75% of the project area. Because most of the project area is covered with a thin layer of gravel and caliche, veins will not be exposed, but vein floats can be used to identify potential areas.

The Phase II program consisted of 3,976 meters of RC drilling in 15 holes, all located in the North Zone target area, and focused on continuity of the Paciencia vane system and testing of several magnetic targets. Drilling results from the Paciencia system are believed to be similar to the Faride LSE mine located 8 km south of the Paciencia system and close to the Cerro Dominador regional fault.

Three calcified shoots have been found so far. The Paciencia/Paciencia Este chute is currently the largest, with about 400 meters along strike and about 170 meters of vertical extension. A second chute is defined in the Paciencia Oeste vein, with a defined 200m runway opening to the east and extending vertically for 130m. His third chute, discovered in this second phase program, remains open in all directions with mineralization beginning at a depth of 200 meters below the surface.

The similarities between Faride and Pampa Paciencia based on the results of this program confirm that the Paciencia vein system has multiple shoot potential of high-grade mineralization in a structural setting similar to that of Faride. In the 1990s he was cited for his historical reserves of 234,000 gold ounces in Faride after Coeur remapped the project.

Anomalous mineralization intersected in the Tormenta vein, the westward extension of the Paciencia system, with a strike length of at least 300 m, 11 m at 0.22 g/t AuEq at the intersection with the Paciencia Oeste vein. . These newly discovered veins are thick structures, estimated to be 20 meters true thickness for PPRC-22-46 and 5 meters true thickness for PPRC-22-55, and may host additional mineralized shoots. There is a nature.

To date, Astra drilling has focused on a small area of ​​the project, showing that linear magnetic lowlands, especially those oriented from the northwest-southeast to the east-west, are highly correlated with hidden vein formations. . The results of the Phase II program are shown in the video.

Highlights include the discovery of a third shoot of deep mineralization in the Paciencia Oeste vein segment of 9 meters with an average of 4.5 g/t AuEq, including high-grade zones of 12.7 g/t AuEq at 3-meter intervals. included.

The shares, which began trading on the TSX Venture Exchange on January 26, are currently trading at $0.165.

For more information on the company and its Chilean real estate portfolio, please visit its website. www.astra-exploration.comCEO Brian Miller at 604-428-0939 or email. [email protected]For Investor Relations, please contact Nikki McEachnie, Manager of Investor Relations, Marketing and Business Development at 416-209-4940 or email. [email protected].

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