Intrepid reports Tujuh Bukit soil sampling results
Thursday, July 30 2009 - 07:59 AM WIB
The results of these surveys, together with geological mapping and interpretation of aeromagnetic data further support the interpretation of a large mineralised district over an area of 5 x 5 kilometers. This suggests that the scale of mineralisation is likely to be greater than that defined to date at Zones A, B and C.
Follow-up work is planned immediately and includes further definition of the surface anomalies and a detailed helicopter magnetic survey which is expected to commence in August. These combined results will form the basis for further follow-up work in preparation for additional drilling in late 2009 and early 2010.
The data as presented above highlights several key points -
? The areas of drilling at Zones A, B and C are highlighted as discrete anomalies in gold and copper.
? Other smaller gold (+/- copper) anomalies exist between these zones. One in particular is located between A and B and corresponds with the site of previously reported hole GTD -14, which intersected 24m @ 1 .71 g/t Au equivalent (see Emperor Mines news release of August 2007)
? Significant gold-copper anomalies occur to the NE of the Zones A-B-C cluster and these are logical drill targets once more detailed (50 x 50m) soil sampling is completed, and the planned helicopter supported magnetics survey is completed.
? Several gold anomalies occur in a roughly NW trending belt on the eastern side of the survey coverage. This belt is well defined in the magnetics image shown below. Initial field reconnaissance suggests that at least some of these anomalies may below sulphidation, higher grade gold zones.
? The images below show gold and copper anomalism as point data over ?Reduced to Pole? magnetics data, and over satellite imagery. The middle image shows leveled data with a 310 degrees search angle, consistent with the 310 degree structural corridor defined by the magnetics data.
? The images below also show a portion of the historical sampling at Salakan Prospect (located NW of the recent Tumpangpitu sampling) defining significant areas of gold and copper anomalism. This area of sampling covers only the SE most quadrant of the broader Salakan Prospect.
The Indonesian Forestry Law restricts non forestry activities within protection forests and prohibits mining using an open pit method in protection forest areas. Intrepid's Alliance partner, PT IMN, is working with relevant Indonesian authorities to allow for a review of forest land status where it affects the company's operations (end of release)