Southern Arc commences further drilling at Lombok project
Tuesday, March 26 2013 - 02:57 AM WIB
TSX-listed Southern Arc Minerals reported on Monday encouraging drilling results from the Tibu Serai target at Mencanggah on Southern Arc's West Lombok property with the commencement of a further phase of drill holes testing both epithermal gold and porphyry copper-gold targets on the property.
It said that seven shallow drill holes have been completed Tibu Serai confirming the down dip continuity of mineralization below surface at Tibu Serai.
The seven widely spaced drill holes have tested only a fraction of the strike of the mineralized breccias at Tibu Serai and many zones of highly anomalous surface sampling remain to be tested.
Tibu Serai comprises a 2 km by 2 km area at the northern end of the Mencanggah prospect and hosts numerous northwest and north-northwest trending linear gold mineralized structures. The majority of these well-exposed mineralized zones have been systematically channel sampled and have returned numerous highly gold-anomalous intervals.
A further three drill holes are planned at Tibu Serai to test extensions of the high-grade intercept observed in MCG055.
Southern Arc's Board of Directors has approved drilling three holes to test high-priority porphyry targets identified in the Porphyry Prospectivity Study carried out by industry-leading consultant Dr. Steve Garwin.
Editing by Adianto P. Simamora