• Canstar (ROXyielded notable gold assays from its Golden Baie Project in Newfoundland
  • Highlights include 3.18 g/t Au over 22 m and 4.3 g/t Au over 14 m at the Kendell Prospect
  • President and CEO Robert Bruggeman joined Coreena Robertson to shed light on the results
  • Canstar Resources pursues new mineral discoveries in Newfoundland
  • Canstar (ROX) opened trading at $0.05 per share

Canstar (ROXyielded notable gold assays from its Golden Baie Project in Newfoundland.

Results stem from fall 2022 drilling – 6,471 m over 51 holes – which tested six target areas along a ~15 km prospective trend.

Kendell Prospect

Drilling extended gold mineralization at the Kendell Prospect down-plunge to 195 m (GB-22-102; GB-22-107).

Wolf Pond Target

Backed by prospective historic drilling, Canstar targeted a 1,200 m by 50 m gold-in-soil anomaly (30 to 752 ppb gold) some 300 m southeast of the Wolf Pond Gold Zone. All four holes intersected gold mineralization highlighted by WP-22-04 and WP-22-02.

97 West Target

Drilling targeted gold mineralization in trenches excavated during 2021 and the graphitic shale horizons that host high-grade gold at Kendell. The best results include 97W-22-11 and 97W-22-09.

Reconnaissance drilling

Scout drilling on early-stage exploration targets was highlighted by NB-22-02 at Northbrush (0.2 g/t Au over 16 m) and GE-22-06 at the White Out Target (0.2 g/t Au over 14 m, 0.3 g/t Au over 10.9 m and 0.4 g/t Au over 6 m).

2023 field program

Canstar is prioritizing exploration targets for a 2023 field program, including warranted follow-ups at Kendell and Wolf Pond.

President and CEO Robert Bruggeman joined Coreena Robertson to shed light on the results.

Fall 2022 drill assay highlights

Source: Canstar.

Canstar Resources pursues new mineral discoveries in Newfoundland. It is currently focused on gold exploration across 939 km2 of mineral claim licenses.

Canstar (ROX) opened trading at $0.05 per share.


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