Astra Exploration

Astra Exploration is focused on exploring its 3,840 hectare Pampa Paciencia epithermal gold-silver project in northern Chile's Maricunga belt. Initial drilling has discovered high-grade shoots with intervals including 14.5m at 5.22 g/t AuEq and 31.5m at 3.36 g/t AuEq open at depth. Surface exploration has expanded prospective strike length to over 8km. Pampa Paciencia exhibits similarities to the multi-million ounce El Peñón mine including concealed veins, district-scale potential and being in the same favorable Paleocene belt.

Astra also holds the 8x6km Cerro Bayo property prospective for a porphyry gold deposit. Large mining companies have expressed interest in Astra's projects. The company has a tight share structure with management holding 24% ownership. Astra is well funded having recently raised $3.4M led by influential mining investors.

Going forward, trenching is planned to define discovered surface mineralization ahead of a Phase 3 drill program at Pampa Paciencia in late 2022. Multiple vein targets remain completely untested. At Cerro Bayo, exploration will refine targets for an initial drill program.