East Asia Minerals confirms additional gold zones at Aceh prospect
Tuesday, December 11 2007 - 11:37 PM WIB
These include trench results of 12.11 g/t gold over 8.0 metres at the Bintang Prospect, and 4.75 g/t gold over 16.0 metres at the Fikri Prospect.
At the Bintang Prospect, trench sampling by the Company over an area of approximately 350 x 250 metres encountered several significant intervals of gold mineralization. Gold at the Bintang Prospect was outlined by previous senior explorers in a surface exposed breccia zone within sediments, covering an area of approximately 750 x 450 metres. Within this was outlined an area of approximately 400 x 100 metres grading greater than 5 g/t gold, located immediately northwest of the area sampled by East Asia Minerals.
In addition, the Bintang Prospect lies to the northwest of a related and larger flat lying, surface exposed gold bearing Jasperoid Zone. The Jasperoid Zone was drilled by two major mining companies in the mid 1990's, at which time a total of 28 drill holes ranging from 20 to 120 metres deep were completed. A speculative non-43-101 compliant resource of 40 and 60 million tonnes grading 1.0 to 1.5 g/t gold, for a total of approximately 1.5 million ounces of gold, was estimated by these companies on the basis of their drilling, surface sampling, mapping and geophysical modeling. The mineralization occurs largely as free gold at both Prospects and appears to be leachable.
At the Fikri Prospect, located 600 metres southeast of the Bintang Prospect and northwest of the Jasperoid Zone, the Company is also very encouraged to have encountered another surface exposed epithermal zone open for drill testing. The Fikri mineralization is along structures and in collapsed breccias developed along the main Abong Area corridor in the limestone.
Previous exploration at the Jasperoid Zone, and the Bintang and Fikri Prospects was terminated on non-technical grounds, leaving much of the mineralization open in several directions. Plans are to commence drilling in December at the Jasperoid Zone where East Asia mapping and sampling returned an average of 1.24 g/t gold, with a high of 47.7 g/t gold, from 420 channel samples of generally 1 metre length. This will follow with initial phase drilling of the Bintang and Fikri Prospects.(alex)
