Tolga Kumova’s ‘life-changer’ Aston Minerals just scored a 4,060g/t gold hit
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Assays of a visible gold hit reported by Aston Minerals (ASX:ASO) at its Edleston project last month has returned a bonanza grade of 4,060 grams per tonne (g/t).
However, the subdued market response that this result elicited may be due to the fact that this grade was present only across a thin 0.5m interval that is located relatively deep in the hole at a depth of 362m.
Not all is lost though.
This intersection still works out to about 130oz of gold per tonne, meaning there’s still potentially more gold present at the hole compared to many other thicker, high-grade hits made elsewhere.
It has also been proven to work at Kirkland Land Gold’s (ASX:KLG) Macassa Mine, where a thin 2m intercept grading an eye-popping 4,772g/t gold hit was made at an even deeper 1,615m.
Aston also has more results to look forward to.
Besides the 4,060g/t gold hit, results are also pending for a 144.6m alteration zone from a depth of 191m in the same hole as the bonanza intercept along with assays from eight other holes drilled to date at Edleston in Ontario, Canada.
Well-known mining investor Tolga Kumova, who was recently elevated to the company’s executive chairman role, has previously described the Aston as a “life-changer”.