Astra Exploration Receives Drill Permit and Plans to Commence Drilling by April 1st at the La Manchuria Project, Deseado Massif, Argentina
ASTRA EXPLORATION INC. (TSX-V: ASTR, OTCQB: ATEPF, FSE: S3I)
NEWS RELEASE
Astra Exploration Receives Drill Permit and Plans to Commence Drilling by
April 1st at the La Manchuria Project, Deseado Massif, Argentina
Vancouver, British Columbia – March 19, 2025 – Astra Exploration Inc. (TSX-V: ASTR, OTCQB:
ATEPF, FSE: S3I) (“Astra” or the “Company”) is pleased to announce that it has received all
required permits to commence its maiden drill program at the La Manchuria Project located in the
Deseado Massif of Santa Cruz, Argentina.
The drilling permit was issued by the State Secretariat for Environmental Supervision and Control
under the Ministry of Energy and Mining of the Province of Santa Cruz, Argentina.
Field crews were on site last week preparing for mobilization of the fully funded 2,500 metre drill
program which the Company expects to commence by the first week in April.
Astra’s CEO, Brian Miller commented:
“We are excited to get underway with our inaugural drill program at La Manchuria . This first
program aims to test the new geological model and expand the high-grade mineralization into
areas previously not drilled, both along strike and parallel to known veins . I believe Astra’s
business proposition has never been stronger with such an exciting target, a fully funded drilling
program and tightly held share registry . Discovery success is the most rapid wealth creation
phase of our industry, and we stand on that precipice with La Manchuria today.”
The Company plans to provide additional news release updates in the coming weeks providing
further details of the drill targets and geology.
Astra’s in-country team led by Exploration Director, Diego Guido, who is a globally recognized
low sulphidation epithermal (LSE) expert, believes the high-grade historic intercepts are open to
expand at depth and along strike. These results include
• 20.5m grading 10.4 grams per tonne (g/t) gold and 810 g/t silver,
• 4.0m grading 26.3 g/t gold and 3,156 g/t silver and
• 2.0m grading 52.6 g/t gold and 3,274 g/t silver
• 1.6m grading 257 g/t gold and 4,237 g/t silver
Reference: Updated Technical Report on The Mineral Resources of The La Manchuria Project,
Santa Cruz Province, Argentina” with an effective date of February 28, 2019.
Shallow cover conceals the system to the west and south at the Main Zone and presents the
opportunity to make a significant discovery. The extension of mineralization under cover is a
common characteristic of the newest epithermal systems discovered in the Deseado Massif,
including large deposits like Cerro Negro.
Qualified Person
The technical data and information as disclosed in this news release has been reviewed and
approved by Darcy Marud, who is an Independent Director of Astra. Mr. Marud is a Practicing
Member of the Association of Professional Geoscientists of Ontario and is a qualified person as
defined under the terms of National Instrument 43 -101 – Standards of Disclosure for Mineral
Projects.
About the Company
Astra Exploration Inc. is a precious metals exploration company based out of Vancouver, BC that
is actively building a portfolio of high -quality projects in some of the most important mining
jurisdictions in Latin America.
The La Manchuria gold-silver project in Santa Cruz, Argentina , over which Astra has an
option to acquire 90% interest, is a high-grade gold and silver epithermal deposit located in in the
Deseado Massif which hosts multiple world-class epithermal deposits including Cerro Vanguardia
and Cerro Negro, Santa Cruz, Argentina.
The 100% owned Pampa Paciencia gold and silver project in northern Chile is located in the
Paleocene mineral province in proximity to such major operating mines as Spence and Sierra
Gorda. The project shares several important geological similarities to other Paleocene epithermal
gold-silver deposits including Faride and El Peñón.
For further information please contact:
Brian Miller
Chief Executive Officer
Tel. 604.428.0939
Email: [email protected]
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