Intrepid intersects more copper, gold and moly at E. Java prospect

ASX-listed mineral exploration firm Intrepid Mines Limited reported on Tuesday that the recently completed diamond drill hole GTD-10-162, located on the northern margin of drilling to date on the main Tumpangpitu Prospect at the Tujuh Bukit Project on East Java, has intersected additional significant copper, gold and molybdenum in a zone of high sulphidation overprinting porphyry mineralisation.

?The results from this hole, together with results from hole GTD-10-1 63, show that the

mineralised system is open to the north. In fact, we have yet to define the system?s limits in several directions and have a great deal of additional drilling to do to fully understand its true size?, said Intrepid CEO, Brad Gordon.

Intrepid currently has four deep drills in place testing this porphyry area, as well as the mineralized area to the southeast of the main Tumpangpitu porphyry.

Hole GTD-10-162 was drilled on the northern margin of the main Tumpangpitu porphyry area and was drilled to a depth of 997.55m. The intercept is 250 metres away from hole GTD-10-163, which was the best hole drilled on the project to date and intersected 589.5m @ 0.57 g/t Au, 0.65% Cu and 122 ppm Mo, and ended in mineralization, the company said. (giok)