Astra Exploration Commences Phase II Drilling at its Pampa Paciencia Project in Chile
ASTRA EXPLORATION INC. (TSX-V: ASTR, OTCQB: ATEPF)
NEWS RELEASE
Astra Exploration Commences Phase II Drilling at its Pampa Paciencia Project in Chile
Vancouver, British Columbia – June 29th, 2022 – Astra Exploration Inc. (TSX-V: ASTR, OTCQB:
ATEPF) (“Astra” or the “Company”) is pleased to announce that it has commenced Phase II drilling
at its Pampa Paciencia Project located in Northern Chile.
The Phase II drill program will consist of up to 5,000 metres of RC drilling and will primarily focus on
expanding mineralization at depth and along strike in the two defined mineralized shoots located in
the Paciencia Vein System (Figure 1). Secondary targets will consist of other vein structures
discovered with Phase I drill program and newly interpreted vein structures from other geophysical
targets, in particular those WNW, E-W to ENE-striking magnetic lineaments related with low
magnetic regional anomalies (Figure 2).
Figure 1: Discrete mineralized shoots defined at the Paciencia Vein System with drill hole results (AuEq 80)
from Astra’s Phase I drilling in yellow boxes. Drill results from historical exploration in blue boxes.
Figure 2: Regional ground magnetics including interpreted vein structures (white traces) and surface vein
boulder float samples.
Brian Miller, CEO of Astra commented: “This is an exciting time for Astra shareholders as we further
drill-test the recently defined zones of high-grade mineralization and simultaneously look to expand
the potential of the district by drilling other vein structures. Exploration to date demonstrates that the
LSE system at Pampa Paciencia is large with thick, continuous vein structures , and positive drill
results have the ability to add significant value to Astra’s market cap.”
About Pampa Paciencia
Pampa Paciencia is a 3,840 hectare road -access low -sulphidation epithermal (LSE) gold -silver
project located within an active mining district less than 15 kilometres from two major mines (Sierra
Gorda and Spence) and five kilometres from the Faride LSE mine (Figure 3).
Astra has completed property wide mapping and sampling, geophysical surveys, and localized
trenching and in doing so, has defined a vein boulder field over approximately 75% of the project
area. The veins do not outcrop as the majority of the project area is covered by a thin layer of gravels
and caliche but the vein float can be used to identify areas of high prospectivity.
Drill results from the Phase I program completed earlier this year defined gold mineralization in the
Paciencia Vein System, which is a thick LSE vein structure averaging 10-15 metres thickness over
a strike length of approximately 1.4 kilometres. Exploration results continue to indicate a large LSE
system under thin cover, with two known zones of gold mineralization near surface which are open
along strike and at depth (see May 2 and May 25, 2022 press releases).
Figure 3: Location of the Pampa Paciencia Project in the Paleocene Belt of Northern Chile.
About the Company
Astra Exploration Inc. is a n exploration company based out of Vancouver, BC. Astra is engaged in
the acquisition, exploration and development of epithermal gold -silver properties in Chile and is
building a portfolio of high -quality projects. Astra’s current focus is the development of the Pampa
Paciencia Project.
For further information please contact:
Brian Miller
Chief Executive Officer
Tel. 604.428.0939
Email: [email protected]
OR
Nikki McEachnie
Manager of Investor Relations, Marketing & Business Development
Tel: 416.209.4940
Email: [email protected]
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Mineralization hosted on adjacent and/or nearby and/or geologically similar properties is not
necessarily indicative of mineralization hosted on the Company’s properties.
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