Sihayo plans drilling in Q1 to upgrade JORC
Thursday, January 31 2013 - 05:03 AM WIB
ASX-listed Sihayo Gold Limited announced that definitive feasibility study (DFS) work is progressing and that an infill drilling is planned for the first quarter 2013 to upgrade JORC Compliant Resource estimate of its Sihayo/Sambung Resource.
The company said in a report that further investigation to improve the Sihayo JORC Resource from Indicated to Measured has identified the requirement for approximately 1,500 m of additional drilling.
The planned drilling follows the company?s DFS related works which have in the previous quarter focused on the project permitting related activity, metallurgy studies, review of the JORC Resource and implementation planning.
?The DFS remains on schedule for the revised June 2013 completion,? it said in the report.
Editing by Dadan Wijaksana