Barisan Gold intersects 104 meters of 1.0% copper+0.7 g/t gold

By Romel S. Gurky

TSX-listed Barisan Gold Corporation announced Monday the first tranche of assay results for hole UTD-008 at its Upper Tengkereng gold-copper porphyry discovery, located in the Province of Aceh.

The company said in a statement that assays have been received from the first 400 meters of hole UTD-008. Hole UTD-008 is being drilled parallel to UTD-002 but in an opposite direction, scissor crossing that hole, with the objective of expanding and further defining the second high grade zone discovered in holes UTD-002 and UTD-006.

UTD-008 is mineralized 4 meters from surface. From 296 to 400 meters, UTD-008 returned 104 meters of 0.7 g/t gold + 1.0% copper (1.4% copper equivalent at current market prices) within a wider intercept of 212 meters of 0.6 g/t gold + 0.8% copper (1.1% copper equivalent at current market prices). The high-grade mineralization remains open down hole at a depth below 400 meters, the statement added.

	From (m)	To (m)	Intercept (m)	Gold (g/t)	Copper (%)	Gold Eq. (g.t)	Copper Eq. (%)
	4	400	396	0.42	0.56	1.4	0.9
Incl.	188	400	212	0.57	0.75	1.8	1.1
Incl.	226	400	174	0.61	0.82	2.0	1.2
Incl.	296	400	104	0.74	0.95	2.3	1.4
Copper Eq. & Gold Eq. calculated using current market prices. No adjustments have been made for metallurgical recovery as these remain uncertain at this time.

Barisan Gold said hole UTD-008, as a whole, is the highest-grade hole drilled so far at Upper Tengkereng averaging 0.9% copper equivalent over its entire length to-date and returning the first 100-metre long intercept of greater than 1% copper assays. In addition to further validating the second high-grade zone initially discovered in holes UTD-002 and UTD-006, UTD-008 has extended the high-grade zone further to the south by over 50 meters and further at depth by another 50 meters.

The high-grade zone is not limited to the first 400 meters with indications it continues below that level, the company said.

This second high-grade zone, returning mineralization above 1.0% copper equivalent, now covers an area of 100m x 100m at surface based on the three holes drilled to-date and is open in all directions. Further drilling in that area will seek to identify the width of the high-grade zone on a north-south axis as all three holes so far have been drilled on an east-west axis.

"Drilling at Upper Tengkereng continues to return outstanding copper and gold mineralization", said Alex Granger, Chief Executive Officer of Barisan Gold. "UTD-008 has not only returned the highest grade intercept so far drilled at Upper Tengkereng but has also done so in a zone that sits very close to surface, reinforcing the economic potential of the deposit.?

Editing by Reiner Simanjuntak