East Asia Minerals drills 103.15m of 1.81 g/t gold at Bawone
Thursday, September 4 2008 - 05:22 PM WIB
The mineralized zone remains open along strike both to the northwest and the southeast, the company said
Diamond core drilling by EAS has recommenced at Bawone with the arrival of a second diamond drill rig on site. The first hole completed in this campaign (BOD-42) returned an impressive thick interval of 103.15 metres of 1.81 g/t gold and 0.20% copper in sulphide mineralization, including a higher grade, near-surface zone of 25.50 metres of 3.39 g/t gold and 0.35% copper. Gold grade distribution is remarkably even throughout the mineralized interval apart from one high-grade interval of 3.45 metres of 12.67 g/t starting at 20.50 metres.
Hole BOD-42 was drilled to the northwest between and perpendicular to holes BOD-01 and BOD-03 to test the strike extension of gold mineralization encountered in 2007 by EAS in BOD-01 (95.0 metres of 2.15 g/t gold starting at 30.0 metres) and BOD-03 (125.0 metres of 1.67 g/t gold starting at 19.0 metres).
Holes BOD-47 and BOD-50 have been drilled 40 and 80 metres respectively southeast of BOD-02 across the projected strike of the known gold mineralized zone. Assays for these holes are pending.
This recent drilling has extended the northwest trending sulphide zone at Bawone to over 200 metres long by 75 metres wide by 100 metres deep.
East Asia Minerals is an Asian-based, Canadian mineral exploration company with gold and copper exploration properties in Indonesia, and uranium exploration properties in Mongolia. In Indonesia the Company has a 70 to 85% interest in six advanced gold and gold-copper properties located in Aceh Province, Sumatra, and Sangihe Island, North Sulawesi. Two of these, the Sangihe (Binebase-Bawone) and Barisan 1 (Abong) gold projects are being drilled to define NI43-101 compliant resources.(alex)