Terra Firma gets AMDAL for S. Sulawesi copper-gold prospect

Vancouver-based minerals exploration firm Terra Firma Resources Inc. reported on Tuesday that its wholly owned Indonesian subsidiary, PT. Terra Mineral Resources Indonesia, has been granted the environmental license (AMDAL)on its initial 800 hectare copper-gold Mallawa prospect in South Sulawesi, which will allow the company to proceed with its exploration programs.

Terra Firma holds an option under a memorandum of understanding to acquire 75% of the issued and outstanding shares of PT Mutiara Surya Mallawa, an Indonesian mineral exploration company that holds the exploration license (IUP). Terra Firma has optioned for an initial 800 hectare property and, in addition, will acquire an adjoining 9,000 hectares of prospective tenement.

Terra Firma has retained Micromine Consulting Services based in Jakarta to provide NI 43-101 oversight for the Mallawa Gold Copper Property exploration programs.

The results from the initial exploration program on the Mallawa Gold Copper Property consisted of prospecting, reconnaissance mapping and chip sampling. This work has resulted in the identification of high grade copper mineralization and good grades of silver contained within porphyry copper mineralization and an associated peripheral copper (lead-zinc) skarn mineralization, the company said. (alex)