Southern Arc reports 2nd drill hole results from Lombok copper, gold property
Thursday, September 6 2007 - 03:08 AM WIB
486.15 m at 0.22% Cu and 0.26 g/t Au from 2.00 to 488.15 m
Blongas II is the second of fifteen porphyry copper-gold targets within the Selodong Intrusive Complex to be drill tested. The Selodong Intrusive Complex occupies an area exceeding 20 sq km located within the western part of SA's Lombok property in West Nusa Tenggara..
SA's first drillhole into Blongas II (SLD004) returned the following, previously reported intersection:
407.25 m at 0.25% Cu and 0.45 g/t Au from 160.25 to 567.50 m
According to the company, results from drillholes SLD004 and SLD005, earlier Newmont drillholes, and detailed geological mapping recently completed by SA's geologists indicates that a N to NW trending structural corridor through Blongas I and II is host to a zone of porphyry copper-gold mineralization approximately 280 m wide and 1000 m in length. This zone coincides well with mapped surface exposures of porphyry-style stockworking, Cu-Au-Mo soil geochemistry and linear magnetic highs associated with secondary magnetite alteration. A number of future drill holes will test the depth extent and grade of mineralization along the strike length of this newly identified zone.
Drill hole SLD006 located 200 m north of the outcrop of the Blongas II intrusive was commenced on August 22, 2007 and is expected to be completed by mid-September. (alex)
