Southern Arc announces high-grade intersection at W. Lombok property
Wednesday, August 24 2011 - 03:53 PM WIB
The Pelangan Prospect is located at the northwestern extent of Southern Arc?s West Lombok Mineral Belt, a 13-km by 7-km zone of structurally controlled epithermal gold and porphyry copper-gold mineralisation that also includes the Mencanggah and Selodong Prospects, the company said. At Pelangan, over 5 km cumulative strike length of epithermal gold mineralised breccia lodes outcrop at surface and five major lodes of large mineralised structural breccia systems, the Kayu Putih, Raja, Ratu, Tanjung-Jati and Lala lodes, have been mapped and are the target for the ongoing Phase 2 drilling program.
Southern Arc expects to resume full-scale drilling in September and will focus on high-priority targets at its Mencanggah Prospect before returning to Pelangan later in the year.
Southern Arc Minerals Inc. is an Indonesia-based Canadian mineral exploration company with an aggressive exploration, acquisition and growth strategy. The company?s portfolio includes four exploration projects with epithermal gold and gold-copper porphyry prospects on the Lombok and Sumbawa islands in Indonesia, three of which are being advanced in partnership with major mining companies Vale and Newcrest. The company?s key exploration property is its West Lombok project, with several gold-rich copper porphyry and epithermal gold vein prospects. (alex)