Approval Received For The Pampa Paciencia Project

VANCOUVER - Astra Exploration Inc. reported that its wholly-owned subsidiary, Astra Exploration Chile SpA, has received approval of its Environmental Impact Assessment (EIA) for the Pampa Paciencia project in northern Chile.

CEO, Brian Miller, said, "Securing the approved EIA is an important milestone for Astra which allows us to extensively explore the gold-silver epithermal system and focus on expanding its size. Importantly, Astra is readily able to conduct geophysical surveys and drilling operations on the entirety of the Paciencia District claim group, which hosts several kilometers of untested epithermal vein targets and a large porphyry copper target. The permitting process went as expected and concluded on schedule, and we are excited to proceed with further geophysics and drilling as soon as possible."

The EIA permitting process was initiated immediately upon completion of the second of two successful drill programs in 2022, where three separate shoots of high-grade gold were discovered from approximately 7,000 metres of RC drilling in 45 holes. These drill programs produced select assay results of 14.48 grams per tonne (g/t) gold plus 39.7 g/t silver over 3 metres in PPRC-22-12, and 3 g/t gold plus 121 g/t silver over 9 metres in PPRC-22-45. Under the initial permit, the Company was limited to a maximum of 39 platforms, all of which were used in a small area representing less than ten percent of the project area (Figure 2). The new permit allows the Company to build up to 330 new drill platforms and includes provisions for extensive geophysical surveys.