Astorius Announces Completion of Drilling at Rainbow Canyon in Nevada
Astorius Announces Completion of Drilling at Rainbow Canyon in Nevada
Vancouver BC, June 30, 2017, Astorius Resources Ltd. (TSXV: ASQ) (Frankfurt: 47A.F) is pleased to report
that is has completed the drilling of six inclined reverse circulation boreholes for a total of 874 meters of
drilling at its Rainbow Canyon property in Washoe County, Nevada.
The Rainbow Canyon property comprises 53 unpatented lode mining claims that cover an area of 417
hectares in the Olinghouse mining district about 40 kilometres east of Reno in Washoe County, Nevada.
Geologically, Rainbow Canyon is a low-sulphidation gold prospect located in the northern
Walker Lane structural and metallogenic domain.
Gold mineralization has been identified at numerous locations throughout the property, primarily in the
form of quartz veins up to 20cm wide which assay in grab sample from 0 to 79 g/t (ppm) gold. The veins
occur in wide (up to 30m ) zones of strong argillic alteration over a NE strike distance of more than two
kilometers. Most of the veins dip steeply to the southeast. Andesites, basalts and rhyolites of the
Miocene Alta and Old Gregory Formation underlie most of the property.
Astorius management is pleased to have completed the drill program and will release the drill results as
soon as they are ready.
Qualified Person
Mr. Clinton Smyth, MSc, P. Geo., the Company's Advisor, is the Qualified Person as defined by National
Instrument 43-101 who reviewed the preparation of the technical data in this news release.
About Astorius
Astorius Resources Ltd. ( www.astoriusresources.com) is currently engaged in the business of mineral
exploration for the purpose of acquiring and advanci ng mineral properties located in Nevada and
Ecuador.
About Alba
Alba Minerals Ltd. ( www.albaminerals.com) is a company focused on lithium exploration and
development in both North and South America. Alba is Non Arm’s length with Astorius. The same 3
people comprise the majority of the Directors of both companies. Both companies also have common
management. Mr. Smyth, the Company’s Qualified Person is a Director of Alba.
For further information please contact:
Arthur Brown, CEO (604) 662-7902
www.astoriusresources.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Vent ure
Exchange) accepts responsibility for the adequacy or accuracy of this release.
Notice Regarding Forward-Looking Statements
This news release contains "forward- looking statements," Statements in this press release which are not purely historical are
forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the
future, including but not limited to, statements regarding the drilling on the Rainbow Canyon Property.
Actual results could differ from those projected in any forward- looking statements due to numerous factors. Such factors
include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining
financing on acceptable terms. We are not in control of metals prices and these could vary to make development uneconomic.
These forward -looking statements are made as of the date of this news release, and we assume no obligation to update the
forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-
looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are
reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.