East Star Resources PLC on Monday said it has identified anomalous gold mineralisation across all targets at its Apmintas licence in the Chu-Ili Orogenic Gold Belt in Kazakhstan.

East Star Resources shares were down 10% trading at 4.05 pence per share on Monday morning in London.

The Kazakhstan-focused gold and copper exploration and development company said potential economic grades were found located in the Eshkilitau II and Southern Shabar targets.

The company added that Eshkilitau II shows potential for a mineralised system with a strike of more than 1 kilometre along a fault zone.

The best intersections identified at Eshkilitau II include 31 metres at 1.27 grammes of gold per tonne, 31 metres at 1.0 grammes of gold per tonne and 4 metres at 2.35 grammes of gold per tonne.

The company identified intersections at the Southern Shabdar target of 1 metre at 32.15 grammes of gold per tonne and 3 metres at 2.11 grammes of gold per tonne.

East Star noted that detailed structural logging is underway, the analysis of which will determine the next steps to progress its exploration.

‘The company has commenced detailed structural logging over mineralised sections of oriented core to better understand structural controls and timing of mineralisation. This will expand our knowledge of the mineralisation system for the planning of subsequent exploration,’ it said.

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