Drill Results Confirm 2,371 g/t Silver and 11.09 g/t Gold
Astra Exploration announced on March 19, 2026, a new batch of high-grade assay results from its Phase II drill program at the La Manchuria project in Santa Cruz, Argentina. The headline result from hole LMD-130 featured a 0.5-metre intercept grading 2,371 grams per tonne (g/t) of silver and 11.09 g/t of gold, confirming the presence of exceptionally rich mineralization.
Other significant intercepts from the program included 0.5 metres grading 469.4 g/t silver and 6.61 g/t gold in a separate feeder zone. These results successfully extended multiple high-grade veins along strike and confirmed a continuous, shallow mineralized system. The discovery remains open for expansion in all directions, significantly de-risking the project's geology and highlighting its resource potential.
Company Funded for 5,000-Metre Follow-Up Program
Astra is positioned to aggressively build on this discovery, confirming it is fully funded for a minimum 5,000-metre drill program scheduled to commence in the coming weeks. This financial readiness allows the company to capitalize on the positive results without needing immediate financing, enabling a swift effort to define the full scope and scale of the high-grade vein system.
The discovery elevates the La Manchuria project's profile at a time when Argentina is gaining global attention as a major mining jurisdiction. Recent large-scale discoveries by other operators have underscored the region's potential, creating a favorable environment for projects like Astra's. This positive regional context could attract investor interest from larger mining firms looking for exposure to new, high-grade precious metal assets.
Edgen Stock·Mar 19 2026, 10:40