Barisan Gold commences drilling hole UTD-005 at Upper Tengkereng

Thursday, January 30 2014 - 01:24 AM WIB

By Ruli Setiawan

Vancouver-based Barisan Gold Corporation announced Wednesday that drilling has commenced at hole UTD-005 at its Upper Tengkereng porphyry prospect, located in the Province of Aceh.

After further internal review, hole UTD-005 has been slightly adjusted. It is now being drilled with an azimuth of 55 degrees and an inclination of 78 degrees. The steeper incline is to align the depths where it is anticipated UTD-005 will intersect the high-grade zone identified at the bottom of UTD-002, the company said in a statement.

The final 59 meters of UTD-002 intersected 1.2 g/t gold + 0.5% copper, the highest grade intercept longer than 50 meters returned at Upper Tengkereng so far. An updated map is available on the Barisan Gold website (www.barisangold.com/barisanporphyry/uppertengkereng) that shows the positioning of UTD-005 in relation to UTD-002. The UTD-005 drill pad is situated 200 meters down hole of the UTD-002 drill pad in a north-easterly direction. As such, a steeper incline of 78 degrees (versus 60 degrees at UTD-002) is required in order to reach the same depth in the same general area of the high-grade zone.

Based on internal geological models, UTD-005 should reach the high-grade zone of UTD-002 at approximately the 520 meter mark. UTD-005 is seeking to extend that high-grade zone both at depth and in a northeast direction. The table below summarizes the assay results for hole UTD-002, which were initially released on January 17, 2011 by the previous owner of the project who drilled that hole, with a side-by-side comparison of what our internal geological models predict will happen in UTD-005.

Hole UTD-005 is planned to a minimum length of 750 meters and a maximum length of 1,750 meters depending on where the limestone contact zone is intersected. As UTD-005 is being drilled towards the limestone footprint located to the northeast of the diorite footprint, it is anticipated that UTD-005 will intersect the limestone contact zone at some point, as long as the limestone is vertically dipping. If the limestone contact zone dips in a straight vertical line, it will be intersected at approximately the 750-meter mark. If on the other hand, the limestone contact zone dips in a horizontal line, UTD-005 will never intersect it, in which case UTD-005 could be drilled up to 1,750 meters in length or until mineralization is no longer intercepted.

Editing by Reiner Simanjuntak

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