Sihayo Gold restarts drilling at Tambang Tinggi prospect

Tuesday, February 15 2011 - 02:38 AM WIB

Australia-listed gold exploration firm Sihayo Gold Limited announced on Tuesday that that diamond drilling has recommenced at the Tambang Tinggi gold/copper prospect located in the southern area of its Contract of Work (COW) in North Sumatra.

The current drilling program is following up on scout drilling undertaken in 2005. Scout drilling intersected 125 m @ 1.4 g/t Au from surface, including 25m @ 4.58 g/t Au from 31m in what is interpreted to be the phyllic alteration zone of a Porphyry Cu‐Au system, the company said.

The current program is designed to potentially deliver the Company?s second JORC-compliant gold resource to compliment the flagship Sihayo Pungkut Gold Project (10.7 Mt @ 2.9 g/t Au for 1.01 million oz).

Detailed surface work through the Tambang Tinggi Region is defining significant zones of gold and copper mineralisation.

A soil sampling program has defined an area of approximately 2.5km by 0.6km containing anomalous gold and copper. A detailed rock chip sampling program has returned a number of high grade gold, copper and silver results, with 20% of samples returning >1 g/t Au and a best sample of 62 g/t Au. In addition, 7% of samples returned >30 g/t Ag with a best sample of 490 g/t Ag and 6% of samples returned >0.5% Cu with a best sample of 5.03% Cu, it said. (alex)

Share this story

Tags:

Related News & Products