Our Latest News

  • December 10, 2012 | Orex And Astral Announce Signing Of Arrangement Agreement


    Vancouver, British Columbia – December 10, 2012 – Orex Minerals Inc. (TSX-V: REX) (“Orex”) and Astral Mining Corporation (TSX-V: AA) (“Astral”) announce that further to their joint press release dated October 15, 2012, they have entered into an arrangement agreement ("Ar...

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  • October 15, 2012 | Orex And Astral Announce Merger By Way Of Plan Of Arrangement

    Vancouver, British Columbia – October 15, 2012 – Orex Minerals Inc. (TSX-V: REX) (“Orex”) and Astral
    Mining Corporation (TSX-V: AA) (“Astral”) announce that they have agreed to merge and form a combined
    gold and silver exploration and development company, which will ...

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  • Fri, Aug 3,2012 | Astral Announces Private Placement Of Convertable Notes

    Vancouver, British Columbia – August 3, 2012 - Astral Mining Corporation (AA.TSXV) (“Astral” or the “Company”) announces that it has arranged a further $50,000 private placement of convertible notes. The private placement will include insider participation as to $40,000...

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  • Thu, Mar 8, 2012 | Astral Amends Barriere Ridge Option Agreement

    Astral Amends Barriere Ridge Option Agreement Vancouver, British Columbia – March 8, 2011 - Astral Mining Corporation (AA.TSXV) (“Astral” or the “Company”) has entered into an amending agreement with David James Piggin dated March 6, 2012 (“the Amending Agreement”) tha...

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  • Wed, Feb 1, 2012 | Astral Announces Final Results from Drilling at the Los Crestones Gold Discovery in the Sierra Madre Gold-Silver Belt, Mexico

    Vancouver, BC - Astral Mining Corporation (TSX-V AA, AA.WT) ("Astral" or "the Company") is pleased to report the third and final batch of results from drilling at the Los Crestones property, Sinaloa state, Mexico. Highlights from Phase One drilling include previously announced...

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LOS CRESTONES - GOLD & SILVER PROPERTY


Ownership:

100% Astral Mining Corp (in acquiring process)


The Los Crestones Property is located within the prolific Sierra Madre gold-silver belt 100 kilometres (km) north of the Sinaloa state capital, Culiacan, Mexico. Never drilled, the property hosts numerous mineralized showings and small scale workings and is prospective for vein and breccia-hosted low sulphidation epithermal gold and silver.

In November 2010, Astral geologists visited the property and collected a total of 18 representative chip samples from exposed veins and historical workings. Encouraging results include 1 metre (m) grading 26.9 grams per tonne (g/t) gold and 56g/t silver from sample #986104, 3m grading 13.7g/t gold from #986107 and up to 649g/t silver from a three metre chip sample #986116. Analytical results for all 18 samples are tabulated below; all are chip samples collected over representative widths from epithermal vein and breccia outcrops.

Astral recognizes community involvement as key to exploration success at Los Crestones. With a framework of a cooperative agreement being finalized with the surrounding communities, Astral looks forward to exploring this exciting property in Sierra Madre gold-silver belt of western Mexico.

Mineralization at Los Crestones is observed in a series of north-south trending vein sets outcropping on both flanks of an east-west trending ridge in the southern half of the property. Three obvious veins have been identified to date. Astral has named these "Corona", "Bohemia" and "El Indio" and they are primary targets for initial exploration work. Veins and associated breccia zones are sub parallel, trending between 345 degrees and 360 degrees and dipping between 60-70 degrees to the east. Silicified breccia and vein material is often observed as erosion resistant ribs protruding from the hillside. Presently, the potential mineralized corridor is approximately 400m wide and close to 5km long as evidenced by historical surface sampling data which indicate additional mineralized veins along the trend up to 1.3km south and 3.6km north of the main showings visited by Astral in 2010.