13:35:42 EST Mon 05 Dec 2022
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or Name

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Astra Exploration Inc
Symbol ASTR
Shares Issued 37,106,753
Close 2022-06-23 C$ 0.20
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Astra Exploration begins trading on OTCQB

2022-06-23 12:27 ET - News Release

Mr. Brian Miller reports


Astra Exploration Inc. has qualified for trading on the OTCQB Venture Market in the United States operated by the OTC Markets Group Inc. and the company's common shares commenced trading on June 22, 2022, on the OTCQB under the symbol ATEPF. Astra's common shares will continue to trade on the TSX Venture Exchange under the symbol ASTR.

Brian Miller, president and chief executive officer of Astra, commented: "Listing on OTCQB is an important step in the company's plan to increase its profile and visibility to investors. Astra is well financed and backed by a stalwart group of investors who recognize the potential at Pampa Paciencia, where the company has defined two zones of high-grade gold near surface and is planning to commence with the next round of drilling in the near future. Astra presents a compelling investment opportunity and its listing on OTCQB is very timely."

The OTCQB offers investors transparent trading in entrepreneurial and development-stage U.S. and international companies. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process. The OTCQB quality standards provide a strong baseline of transparency as well as the technology and regulation to improve the information and trading experience for investors. Investors can find real-time Level 2 quotes and market information on the OTC Markets website.

About Pampa Paciencia

Pampa Paciencia is a 3,840-hectare road-access low-sulphidation epithermal (LSE) gold-silver project located within an active mining district less than 15 kilometres from two major mines (Sierra Gorda and Spence) and five kilometres from the Faride LSE mine.

Astra has completed propertywide mapping and sampling, geophysical surveys, and localized trenching and, in doing so, has defined a vein boulder field over approximately 75 per cent of the project area. The veins do not outcrop as the majority of the project area is covered by a thin layer of gravel and caliche, but the vein float can be used to identify areas of high prospectivity.

Initial drill results defined gold mineralization in the Paciencia vein system, which is a thick LSE vein structure averaging 10 metres to 20 metres thickness over a strike length of approximately 1.4 kilometres. Exploration results continue to indicate a large LSE system under thin cover, with two known zones of gold mineralization near surface, which are open along strike and at depth (see May 2, 2022, and May 25, 2022, press releases).

About Astra Exploration Inc.

Astra Exploration is an exploration company based out of Vancouver, B.C. Astra is engaged in the acquisition, exploration and development of epithermal gold-silver properties in Chile and is building a portfolio of high-quality projects. Astra's current focus is the development of the Pampa Paciencia project in northern Chile, an early-stage gold-silver epithermal discovery with high grades and large-scale potential.

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