Astra Exploration Receives Environmental Approval For Pampa Paciencia Project
ASTRA EXPLORATION INC. (TSX-V: ASTR, OTCQB: ATEPF, FSE: S3I)
NEWS RELEASE
Astra Exploration Receives Environmental Approval For Pampa Paciencia Project
Vancouver, British Columbia – January 8, 2024 – Astra Exploration Inc. (TSX -V: ASTR, OTCQB:
ATEPF, FSE: S3I) (“Astra” or the “Company”) is pleased to announce that its wholly-owned
subsidiary, Astra Exploration Chile SpA, has received approval of its Environmental Impact
Assessment (EIA) for the Pampa Paciencia project in northern Chile (Figure 1).
CEO Brian Miller commented:
“Securing the approved EIA is an important milestone for Astra which allows us to extensively explore
the gold-silver epithermal system and focus on expanding its size. Importantly, Astra is readily able
to conduct geophysical surveys and drilling operations on the entirety of the Paciencia District claim
group, which hosts several kilometers of untested epithermal vein targets and a large porphyry
copper target. The permitting process went as expected and concluded on schedule, and we are
excited to proceed with further geophysics and drilling as soon as possible.”
Figure 1: Location of the Paciencia District in northern Chile, approximately 15km from Spence and Sierra
Gorda mines and 5km from the Faride epithermal mine.
The EIA permitting process was initiated immediately upon completion of the second of two
successful drill programs in 2022, where three separate shoots of high-grade gold were discovered
from approximately 7,000 metres of RC drilling in 45 holes. These drill programs produced select
assay results of 14.48 grams per tonne (g/t) gold plus 39.7 g/t silver over 3 metres in PPRC-22-12,
and 3 g/t gold plus 121 g/t silver over 9 metres in PPRC-22-45 (see May 2 and Sept. 26, 2022 news
releases respectively).
Under the initial permit, the Company was limited to a maximum of 39 platforms, all of which were
used in a small area representing less than ten percent of the project area (Figure 2). The new permit
allows the Company to build up to 330 new drill platforms and includes provisions for extensive
geophysical surveys.
Figure 2: Ground magnetics map with white shapes outlining areas drilled during 2022 Phase I and II drilling.
About Pampa Paciencia
Pampa Paciencia is a road-accessible 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 about five kilometres from the Faride LSE mine.
Astra has completed drilling, mapping, sampling, geophysical surveys, and localized trenching at the
Pampa Paciencia Project , and in doing so has confirmed the discovery of a large, gold -silver
epithermal vein system and defined a vein boulder (float) 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.
About the Company
Astra Exploration Inc. is an 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 District.
Qualified Person
The technical data and information as disclosed in this news release has been reviewed and
approved by Darcy Marud. 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.
For further information please contact:
Brian Miller
Chief Executive Officer
Tel. 604.428.0939
Email: [email protected]
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TSXV) accepts responsibility for the adequacy or accuracy of this release.
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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