Augur: Regional drilling program at Wonogiri completed

Wednesday, October 29 2014 - 01:59 AM WIB

By Romel S. Gurky

ASX-listed Augur Resources Ltd unveiled Wednesday further results from regional drilling at its Wonogiri gold‐copper project in Central Java, Indonesia.

?The drilling tested potential epithermal gold targets in close proximity to the main Randu Kuning deposit which is currently undergoing advanced scoping studies,? the company said in a statement, which provides further details as follows.

Wonogiri Regional Drilling Program
Augur said that a total of 22 diamond drillholes for 3,641 meters were drilled in a regional program to identify areas of epithermal type gold ? silver mineralization in close proximity to the main Randu Kuning gold‐copper deposit area that might have the potential for immediate resource delineation.

Janglenggan Prospect Area
Located about 1.0 kilometer south of Randu Kuning, the initial scout hole WDD056 returned 3 shallow high grade zones including:
? 7.0 meters at 0.82 g/t gold and 3.5 g/t silver from 56.0 meters, including 2.0 meters at 2.08 g/t gold and 10.2 g/t silver.
? 3.0 meters at 7.79 g/t gold, 9.0 g/t silver, 0.29% copper and 0.38% zinc from 70.0 meters, including 1.0 meter of 15.90 g/t gold and 20.7 g/t silver.
? 7.0 meters at 2.64 g/t gold from 120.0 meters, including 1.0 meter of 14.8 g/t gold.

A follow up drill hole, WDD067, tested the depth extension of the high grade intersected in hole WDD056 and intersected 20.8 g/t gold and 13.4 g/t silver over 0.80 meters from 187.7 meters.

The drilling suggests that mineralization is structurally controlled and adjacent to the contact between diorite and the diatreme breccia host. The high grade zones have not been fully drill tested and this area may warrant future exploration drilling to determine if any potential for a small, high grade resource.

Kepil Prospect Area
Located about 500 meters southwest of Randu Kuning, an initial scout drill hole, WDD059, intersected 6.0 meters of 0.83 g/t gold from 36.0 meters, including 2.0 metres of 1.1 g/t gold from 38.0 meters. The mineralization is confined to structurally controlled, quartz‐ carbonate and sulphide (pyrite, sphalerite) zones in an argillic‐altered diorite intrusive host rock. A hole immediately east of Kepil, WDD058, intersected 36.0 metres at 0.28% copper from 25.0 meters.

The last hole of the drill program, WDD072, was collared approximately 50 meters south of WDD059 and intersected 2.0 meters of 3.75 g/t gold and 24.2 g/t silver from 148.0 meters, finishing in mineralization at 150.0 meters. Further consideration will be given to exploration drilling to evaluate the host structure at depth and along strike to the south.

Editing by Reiner Simanjuntak

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