Centurion completes initial exploration on Banda Raya
Friday, April 15 2011 - 02:44 AM WIB
The Banda Raya property is located adjacent to the Miwah gold project which hosts a potential multi-million ounce discovery.
Results of geological and geochemical surveys have delineated a 5-kilometre (km) radius gold-copper prospect complex, which hosts high-sulfidation epithermal gold, porphyry gold-copper, and quartz vein-types of mineralization. Analysis of rock-chip samples from the Geudob prospect returned as high as 0.96 g/t Au with several oxidized, malachite-bearing samples grading up to 0.1 % Cu, the company reported.
Centurion has also re-established the location of a major vein system at the Keladi prospect, on which a previous explorer reported a vein having a strike length of at least 250 metres (m) and section assays up to 15.35g/t Au, 986 g/t Ag, 3.35% Cu, 14.2% Pb and 15.6% Zn. The setting of this vein is within a large circular structure that Centurion has identified as a primary exploration target.
"Centurion's geological results have confirmed the existence of a cluster of significant gold-copper prospects outside the Miwah prospect area. Multiple exploration camps have been established and all field infrastructure is in place to commence drilling phase exploration," stated Alfred Lenarciak, Centurion Chairman. (kanti)
