Centurion finds gold-bearing extension in Aceh
Wednesday, February 22 2012 - 01:38 AM WIB
Canadian mineral exploration firm Centurion Minerals Ltd. said it had located an extension of the inferred gold zone in the Zulham and Simpang Tiga prospects, Banda Raya in Aceh Province.
The company said in Jakarta on Tuesday that with the newly located gold showings, the inferred gold zone in Banda Raya had extended to approximately 2.5 kilometres.
The recently discovered vuggy massive silica outcrops in the Zulham and Simpang Tiga prospects was considered to be the result of alteration and mineralization processes in a high-sulfidation epithermal environment. Gold is distributed within areas of vuggy silica in many epithermal deposits.
In the Zulham epithermal gold prospect, drill targets have been determined and drill pad construction is in final preparation to commence a first-phase drilling program that will test the extension of the breccia zones where encouraging gold assays were recently reported from hand-held mobile drilling.
A minimum 1,500 meter (five to six holes) program has been designed to test the gold-bearing breccias for high-grade zones at depth and to intersect a postulated, separate breccia rock formation, wherein three boulders on the ridge crest previously reported gold values of 20 g/t, 6 g/t, and 3 g/t Au.
Highlights of previously announced hand-held drill hole results from the prospect include: 5m @ 2.76 g/t Au from hole ZWDH-08; and 3.2m @ 1.79 g/t Au from hole ZWDH-09.
Four short drill holes have been completed in the nearby Keladi prospect and two of them have intercepted zones of epithermal-style alteration and sulfide mineralization. Assays are pending. These rigs will be relocated shortly to test the Simpang Tiga epithermal gold prospect.
The Zulham, Keladi, Simpang Tiga, and Geudob prospects are located along the southern rim of a 4 km diameter circular feature, which is part of the 20 km long Miwah-Menawan gold lineament.
Editing by Benget Besalicto Tnb.