Hillgrove confirms copper/gold potential at W. Papua project
Thursday, February 11 2010 - 01:49 AM WIB
Medium to high grade gold and copper mineralization has been identified along a structural corridor that extends south from the Kali Sute Prospect over 4km, the Company said.
Low to medium grade gold and copper mineralization has been confirmed within the West Delta Prospect area in an interpreted upper zone of a porphyry system. Mapping of this area has confirmed the presence of a remnant argillic alteration cap along with disseminated and vein hosted copper/gold mineralization, it added.
The main focus for the Bird?s Head Project in the coming months will be the commencement of detailed mapping and channel/trench sampling of the West Delta Prospect and to conduct a heliborne radiometrics/magnetics survey over the general Delta area with a view to define targets for early drilling.
Reconnaissance work will also continue to the south of West Delta at the Southern Porphyry Prospect which also has a significant geochemical signature and similar alteration as suggested by the large degree of erosion which appears to be a localised feature.
The Bird?s Head Project (Hillgrove 80% economic interest) is located in north-western West Papua in the Indonesian province of Papua Barat.
The license covers 181,500 hectares within the administrative districts of Tamrau and
Manokwari. The lease area is sparsely populated and covers areas ranging from the coast through to moderate elevations of around 2,500m within 40km of the coast. (alex)