Original News Release
Astra begins phase II drilling at La Manchuria
Mr. Brian Miller reports
ASTRA COMMENCES PHASE II DRILLING AT LA MANCHURIA GOLD AND SILVER PROJECT IN THE DESEADO MASSIF, ARGENTINA
Mobilization of equipment for Astra Exploration Inc.'s phase II drill program has taken place and drilling is under way at the La Manchuria gold and silver project in Santa Cruz, Argentina.
The program will follow up drill targets generated by the phase I program completed in May of this year and is expected to consist of approximately 10,000 metres of DDH (diamond drill hole) drilling. The company expects to complete 5,000 metres by December and another 5,000 metres in Q1 2026. All planned drilling is fully financed, with a treasury balance of over $7-million.
The phase I drill program indicated that La Manchuria encompasses a much larger vein system than previously recognized, with numerous intervals of significant gold and silver grades near surface (see June 10 and June 25, 2025, news releases). The phase I results support Astra's geological model that mineralization is open in all directions, further indicating the presence of a preserved epithermal system partially concealed by postmineral volcanics.
Detailed mapping has revealed the presence of low-temperature silica and vein fragments at surface, which are contained in andesitic rocks and postmineral breccias. Mapping also confirms favourable host rock units at depth, adding potential for La Manchuria to host a large, robust high-grade gold-silver epithermal system. The company will be providing additional details about the drill program in the coming weeks.
About Astra Exploration Inc.
Astra Exploration is a precious metals exploration company based out of Vancouver, B.C., that is actively building a portfolio of high-quality projects in some of the most important mining jurisdictions in Latin America.
The La Manchuria gold-silver project in Santa Cruz, Argentina, over which Astra has an option to acquire 90-per-cent interest, is a high-grade gold and silver low-sulphidation epithermal (LSE) deposit located in the prolific Deseado massif, which hosts multiple world-class LSE precious metals deposits, including Cerro Vanguardia and Cerro Negro in Santa Cruz, Argentina.
The 100-per-cent-owned Pampa Paciencia gold and silver project in northern Chile is located in the Paleocene mineral province in proximity to major operating mines such as Spence and Sierra Gorda. The project shares several important geological similarities to other Paleocene LSE gold-silver deposits, including Faride and El Penon.
The 100-per-cent-owned Cerro Bayo project in northern Chile is located in the Maricunga belt, approximately 20 kilometres from the Refugio mine. The project hosts a high-sulphidation-epithermal-plus-or-minus-porphyry-gold system with similarities to the Salares Norte deposit to the north in the same belt. The Maricunga belt is one of the most endowed regions in the world for gold and copper deposits.
Qualified person
The technical data and information as disclosed in this news release have been reviewed and approved by Darcy Marud, who is an independent director of Astra. Mr. Marud is a practising member of the Association of Professional Geoscientists of Ontario and is a qualified person as defined under the terms of National Instrument 43-101, Standards of Disclosure for Mineral Projects.
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