Kalimantan Gold files technical report for E. Kalimantan gold project

Saturday, December 20 2008 - 02:19 AM WIB

Vancouver-based junior exploration firm Kalimantan Gold Corporation Limited has filed a technical report supporting the initial resource statement announced on Nov. 11, 2008 about one of five main veins identified at the company's 100%-owned Jelai gold project in East Kalimantan.

The report on the Mewet Vein is based on 23 drill holes. The vein is contained within a 250 metre section of a known vein structure measuring more than 2,000 metres in strike length with mineralization beginning on the surface down to 225 metres below surface, it said.

The technical report was prepared by PT GMT Indonesia, a technical advisor to the Jelai Gold Project.

Kalimantan Gold is a junior exploration company listed on both the TSX Venture Exchange in Canada and on AIM. The company is focused on gold, coal and copper prospects in Indonesia and has exploration rights in three areas: the Jelai epithermal gold prospect in East Kalimantan, five coal prospects, also in East Kalimantan and porphyry copper and gold prospects in Central Kalimantan. (denny)

Share this story

Tags:

Related News & Products