Prosperity reports new prospect at Aceh gold project

Monday, October 12 2009 - 02:34 AM WIB

Australian mineral explorer Prosperity Resources Limited announced Monday that a program of prospecting and mapping along the northwest trending structural corridor at Pinang -Pinang gold project, Aceh province has identified a new gold copper mineralized intrusive centre named the Jelatang Prospect.

The prospect is located southeast of earlier discovered Nilam and Pala Prospects, the company said

The Jelatang Prospect mineralisation has been identified over an area of at least 400 metres in length to date and is located two kilometres southeast of the Pala prospect, the company said.

Additional trenches are planned in zones of alteration and mineralisation and a program of ground magnetics will commence this month, the company said.(alex)

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