Canstar (TSXV:ROX) hits high-grade gold in Newfoundland

Canstar (ROX) yielded notable gold assays from its Golden Baie Project in Newfoundland
Highlights include 3.18 g/t Au over 22 m and 4.3 g/t Au over 14 m at the Kendell Prospect
President and CEO Robert Bruggeman joined Coreena Robertson to shed light on the results
Canstar Resources pursues new mineral discoveries in Newfoundland
Canstar (ROX) opened trading at $0.05 per share

Canstar (ROX) yielded notable gold assays from its Golden Baie Project in Newfoundland.

Results stem from fall 2022 drilling – 6,471 m over 51 holes – which tested six target areas along a ~15 km prospective trend.

Kendell Prospect

Drilling extended gold mineralization at the Kendell Prospect down-plunge to 195 m (GB-22-102; GB-22-107).

Wolf Pond Target

Backed by prospective historic drilling, Canstar targeted a 1,200 m by 50 m gold-in-soil anomaly (30 to 752 ppb gold) some 300 m southeast of the Wolf Pond Gold Zone. All four holes intersected gold mineralization highlighted by WP-22-04 and WP-22-02.

97 West Target

Drilling targeted gold mineralization in trenches excavated during 2021 and the graphitic shale horizons that host high-grade gold at Kendell. The best results include 97W-22-11 and 97W-22-09.

Reconnaissance drilling

Scout drilling on early-stage exploration targets was highlighted by NB-22-02 at Northbrush (0.2 g/t Au over 16 m) and GE-22-06 at the White Out Target (0.2 g/t Au over 14 m, 0.3 g/t Au over 10.9 m and 0.4 g/t Au over 6 m).

2023 field program

Canstar is prioritizing exploration targets for a 2023 field program, including warranted follow-ups at Kendell and Wolf Pond.

President and CEO Robert Bruggeman joined Coreena Robertson to shed light on the results.

Fall 2022 drill assay highlights

Canstar Resources pursues new mineral discoveries in Newfoundland. It is currently focused on gold exploration across 939 km² of mineral claim licenses.

Canstar (ROX) opened trading at $0.05 per share.

Canstar (TSXV:ROX) hits high-grade gold in Newfoundland