East Star Resources Plc (LSE:EST) has reported results from an induced polarisation survey at its Snowy Epithermal Target in central Kazakhstan, identifying an east-west chargeability anomaly extending approximately 1,700 metres.
The anomaly begins at around 100 metres depth, remains open to both the east and west and is associated with a volcanic unit. According to the company, its chargeability amplitudes are consistent with those observed at low sulphidation epithermal gold targets.
East Star said the geophysical anomaly also coincides with gold identified in surface sampling.
Further Exploration Planned at Snowy
The Snowy target is located between two known gold deposits that the company said contain similar styles of mineralisation.
East Star plans additional exploration to investigate the source of the chargeability anomaly and assess quartz veining at depth. The company said the timing and scope of the next exploration phase will be determined alongside its wider work programme, including activities conducted through its joint venture with Endeavour Mining.
No drilling results or mineral resource estimate for the Snowy target were included in the information provided.
East Star Resources’ Kazakhstan Portfolio
East Star Resources is a London-listed exploration and development company focused on copper and gold projects in Kazakhstan.
Its portfolio includes a joint venture covering the Verkhuba volcanogenic massive sulphide deposit, VMS exploration at Rulikha and a gold exploration partnership with Endeavour Mining. The company is also evaluating copper porphyry and epithermal gold targets in Kazakhstan.
East Star conducts exploration through a combination of its own programmes and joint ventures. Its partners include Hong Kong Xinhai Mining Services and Endeavour Mining, with the arrangements providing external technical expertise and capital for certain projects.
The company’s activities cover projects at different stages of exploration and development across copper, gold and volcanogenic massive sulphide prospects in Kazakhstan.
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