Astra Makes New Discovery, Hitting 6.3 Metres of 837 g/t Silver and 3.32 g/t Gold at La Manchuria Project, Argentina
Astra hits bonanza silver at La Manchuria as drilling confirms deep feeder convergence and new zone discovery.
The most recent news (March 2, 2026) reports high-grade drill results from the La Manchuria Project in Argentina. Key highlights include hole LMD-128, which intersected 6.3 metres of 837 g/t silver and 3.32 g/t gold, including a 1-metre "bonanza" interval of 3,309 g/t silver and 11.45 g/t gold. This discovery was made in the newly identified "Basalto Zone." Furthermore, structural data suggests that the West, Central, and East Feeders in the Main Zone may be converging at depth, providing a high-priority target for upcoming drilling. The company remains fully funded for an additional 5,000 metres of drilling.
This news is Material - Positive for several reasons: - New Discovery: The Basalto Zone confirms high-grade mineralization in a previously untested area, significantly expanding the project's footprint. - Geological Validation: The convergence of feeder structures at depth supports management's thesis of a larger, high-grade system, moving the project beyond simple "disseminated" mineralization toward a more robust "feeder" model. - Grade Continuity: Following the February 10, 2026, results (1,286 g/t Ag over 3.1m), these results demonstrate that high-grade intercepts are not isolated "one-offs" but part of a developing trend. - Financial Stability: The company confirmed it is fully funded for the next 5,000 metres, reducing immediate dilution risk while maintaining exploration momentum.
Astra Exploration is a junior explorer focused on gold-silver epithermal systems. Its flagship is the La Manchuria Project in Santa Cruz, Argentina (Deseado Massif). The project is characterized by low-sulphidation epithermal (LSE) mineralization. Astra also holds 100% interests in the Pampa Paciencia and Cerro Bayo projects in Chile.