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IN BRIEF: East Star completes soil sampling at Kazakhstan copper site

12th Aug 2024 15:40

East Star Resources PLC - Kazakhstan-focused copper exploration and resource development company - Says soil sampling and spectral analysis of 2,800 samples completed at the Ayagoz and Snowy licences on the Balkash-Ili magmatic arc, which are prospective for copper porphyry deposits. Exploration has initially been funded by the USD500,000 BHP Xplor grant, East Star explains.

"The soils will also assist with the assessment of the historical artisanal gold mines around Snowy and their potential to contain larger epithermal gold deposits. The geochemical results from these two programmes will dictate the follow-on work programme and provide information that will assist in targeting throughout the rest of this proven mineral belt," company says.

Current stock price: 2.34 pence, up 6.4% on Monday afternoon

12-month change: up 6.4%

By Jeremy Cutler, Alliance News reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights reserved.

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