Barisan Gold intersects gold, copper at hole UTD-007 in Upper Tengkereng

By Romel S. Gurky

TSX-listed Barisan Gold Corporation (BG) announced Wednesday the first tranche of assay results for hole UTD-007 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 800 metres of hole UTD-007. Hole UTD-007 was drilled with an azimuth of 220 degrees and an inclination of 87 degrees from a new drill platform located on the eastern edge of the first high-grade zone discovered at Upper Tengkereng. Hole UTD-007 was completed on July 9, 2014 at a final length of 1,185 metres.

The firm provided the following details.

As a result of being drilled from a platform sitting outside the mineralized intrusive, in a direction back towards the deposit, UTD-007 entered mineralization 292 metres from surface. From 292 to 800 metres, UTD-007 returned 508 metres of 0.7 g/t gold + 0.4% copper (0.8% copper equivalent at current market prices), ranking it the second highest grade hole drilled to-date at Upper Tengkereng after hole UTD-008.

The high-grade chalcocite-chalcopyrite rich zone starts at the 510-metre mark and continues to the end of the assays received to-date. From 510 to 800 metres, UTD-007 returned 290 metres of 0.8 g/t gold + 0.5% copper (1.0% copper equivalent at current market prices). The high-grade mineralization remains open down hole at a depth below 800 metres with 144 metres towards the bottom of the intercept (from 644 to 788 metres) returning 0.9 g/t gold + 0.5% copper (1.1% copper equivalent at current market prices).

?	From (m)	To (m)	Intercept (m)	Gold (g/t)	Copper (%)	Gold (Eq. (g.t)	Copper Eq. (%)
?	292	800	508	0.65	0.38	1.3	0.8
Incl.	510	800	290	0.83	0.49	1.7	1.0
Incl.	510	598	88	0.93	0.53	1.8	1.1
And	644	788	144	0.94	0.48	1.7	1.1

The initial objective of hole UTD-007 was to drill a vertical hole into the first high-grade zone discovered at Upper Tengkereng in an attempt to determine the true vertical width of that high-grade zone as well as determine how close to surface the high-grade zone actually begins. This objective was unfortunately not met as the location of the drill pad emerged too far east of the deposit and high-grade zone. As a result a new drill platform has been built, directly above the high-grade zone from which UTD-010 is currently being drilled to achieve the original objective of UTD-007.

Following completion of UTD-007, the rig was moved approximately 50 metres to the west to a newly built drill platform from which UTD-010 is currently being drilled (see updated maps and charts in the investor presentation on the Barisan Gold website). UTD-010 is being drilled at a 90 degree vertical angle. Drilling at hole UTD-009 began on July 16, 2014. As of July 21, 2014, UTD-010 had reach 198 metres in length and had not yet entered the high-grade zone.

Editing by Reiner Simanjuntak