Astral Resources (ASX:AAR) said the first hole of the ongoing nine-hole, 5,500-meter deep diamond drilling program, targeting extensions of the Theia deposit at the Mandilla gold project in Western Australia, encountered exceptional wide zones of mineralization, according to a Friday Australian bourse filing.
It intersected gold mineralization to a depth of 614.4 meters downhole and 210 meters below the current mineral resource estimate, with a total intersection of 358.23 meters at 1.03 grams per tonne grade of gold from 256.17 meters.
Its shares jumped 4% in recent trading on Friday.
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