Intrepid intersects further significant copper-gold porphyry at E. Java prospect

ASX-listed mining firm Intrepid Mines Limited said on Thursday that diamond drill hole GTD-09-139 at its Tumpangpitu Prospect in Tujuh Bukit copper-gold project has intersected additional significant copper, gold and molybdenum in a zone of high sulphidation overprinting porphyry mineralization.

?This hole provides further clear evidence not only of the gold rich nature of the porphyry mineralisation at Tujuh Bukit, but also of the potential size of this system? said Intrepid CEO, Brad Gordon. ?The mineralisation is open at depth here and almost everywhere else where we?ve conducted our deeper drilling and we are a long way from finding the limits.?

Hole GTD-09-139 is the second of a six-hole drilling program designed to define the geometry of the porphyry system and allow for initial estimations of the scale of the copper-gold-molybdenum porphyry mineralization that underlies the extensive high sulphidation gold-silver +/- copper system, it said.

Two new rigs with depth capability of 1,200 m are now on site, it added. (denny)