Southern Arc reports additional positive drilling results at Lemonga prospect
Thursday, April 20 2006 - 02:52 AM WIB
Southern Arc said the holes LDG-31 to LDG-34 were drilled to test lateral extensions of high-grade gold-silver shoots intersected in an earlier drilling program, along with CSAMT (controlled source audio magnetotellurics) linear targets interpreted as extensions of known veins and breccia zones.
The Lemonga prospect is a low-sulfidation epithermal quartz vein system. Five auriferous quartz vein targets, 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.
Southern Arc reported Wednesday that intercepts in the Dessy Vein continue to show promise with a potential 550+ meters of strike length as supported by vein outcrops and linear CSMAT resistively zones. This zone will be tested with forthcoming drill holes.
The company also said that the LDG-34 intercept located approximately 120 meters south of previous hole LDG-12 is part of a 350 m to 400+ m linear CSMAT anomaly with coincident quartz vein outcrops, which again will be tested with upcoming drill holes.
Results from the southern extremes of the Amy Vein continue to be somewhat enigmatic, with the main vein dissipating in places to a series of narrow (1.0-2.5 m width) sheet veins with a predominance of amethystic quartz and coarse-grained base metal sulfides which grade at less than 1.0 g/t Au equivalent, Southern Arc said.
Southern Arc added that in other places the vein coalesces into widths greater than 8 meters, with a significant component of finely-banded sulfide-quartz, which typically grades in excess of 5 g/t to 6 g/t Au equivalent. (Robert)
