Southern Arc reports additional assay results at Sumbawa gold prospect

Wednesday, February 22 2006 - 03:19 AM WIB

Canadian firm Southern Arc Minerals Inc. (SA) reported Tuesday that it had received assay results from a further three diamond drill holes of phase two drilling at its Lemonga Prospect located on Sumbawa Island.

SA said in a statement that all three drill holes significant widths of quartz veining were intersected and again confirm the near vertical dip and pinch and swell nature of the veining. An extensive section of variably mineralized wall rock (in the foot wall) immediately west of quartz veining intersected in LDG-21, returned surprisingly elevated gold results of 10.35 m @ 1.32 g/t Au and 29.70 m @ 4.24 g/t Au.

SA also said the anomalous gold tenure of wall rocks has been confirmed, and will require infill drilling in this vicinity to better understand the nature of this mineralization.

The extensive section of gold anomalous, variably mineralized wall rock immediately west of the quartz vein intercept was checked by re-assaying selected pulp and re-splits of the bulk samples stored at the Intertek Testing Services (ITS) laboratory in Jakarta, SA added.

The Lemonga prospect is a low-sulphidation epithermal quartz vein system over which surface mapping by Southern Arc has confirmed hydrothermal argillic alteration within an area approximately 1 km East-West by 1.5 km North-South.

Five quartz vein targets in the prospect, named Amy, Betty, Cici, Dessy and Evi, have been identified within the alteration zone. The best exposed vein, the Amy Vein, has a mapped strike extent of at least 950 meters. (alex)

Share this story

Tags:

Related News & Products