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Jumping Josephine Gold Property
(60% Astral Mining Corp - 40% Kootenay Gold Inc)
Planned Work 2008:
10,000m diamond drill program on and around the JJ Main discovery zone
40 line kilometre 3D-Induced Polarization ground geophysical survey
Geological Mapping
Trenching over several new showings
Expanded soil sampling grids
Astral's 18,429.5 hectare Jumping Josephine gold project is located in the West Kootenay region of southeastern British Columbia within a mining district boasting historical production in excess of 9 million ounces of high-grade gold. Located on crown land in the Blueberry-Paulson summit area, the property is located close to industry and existing infrastructure. Bisected by the paved Highway 3, Jumping Josephine is approximately 40km north of Teck-Cominco's smelting operations in Trail and 85km east of Merrit Mining Corporation's newly refurbished mill on the Greenwood Gold Project, in the historical Phoenix Mining Camp.
Recent work by Astral Mining has focused on the newly discovered JJ Main prospect, a showing first identified by prospectors in 2003. JJ Main was drilled for the first time in 2007 returning impressive gold results as shown below. All drill results shown wer derived from HQ diameter core. The 2007 exploration work successfully intersected mineralization to a vertical depth of 225m and for a horizontal distance of 700m along strike.
• 07JD001 - 10m @ 9.95g/t gold
• 07JD007 - 3m @ 10.41g/t gold
• 07JD013 - 19m @ 7.01g/t gold
• 07JD032 - 4m @ 15.18g/t gold
• 07JD034 - 5m @ 7.74g/t gold
• 07JD043 - 3m @ 13.83g/t gold
• 07JD046 - 6m @ 8.28g/t gold
• 07JD048 - 8m @ 12.44g/t gold
• 07JD051- 5m @ 7.96g/t gold
Gold mineralization is constrained within a moderate to steeply dipping silicified and sericitized quartz stockwork zone hosted within Jurassic aged monzonites. The stockwork zone exhibits multi-phase veining within a significant northeast striking fault/shear zone and ranges in true width from 1-2 metres up to 12m. The mineralized zone is cut by low angle, north-south trending extensional faults often occupied by syenite (Coryell suite) or lamprophyre dykes. Maximum observed displacement on these faults can reach 20m but is typically less than 5m. Visible gold is often observed in the higher grade intercepts and mineralization is associated with arsenopyrite, pyrite, sphalerite, galena ± molybdenite.
Astral is pursuing an instrusive-related gold model on the property and is focusing on the Jurassic and Eocene age intrusive rocks known to host gold mineralization. A roughly circular magnetic anomaly centred below the JJ Main stockwork zone suggests a buried stock up to 2km in diameter, possibly representing a porphyry style mineralizing system. Results and discussion of the 2006 exploration program is documented in an internally compiled 43-101 compliant report filed with SEDAR. The 2007 diamond drilling forms the basis of a recently completed, independently authored 43-101 report commissioned by Astral Mining Corporation, soon to be publicly available.
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