Augur Resources (ASX: AUK) has these days announced a double strike of sturdy drilling results from 2 totally different comes in Central Java.
Firstly at the Wonogiri project diamond drilling intersected a 222.1 metre at zero.57 grams per tonne (g/t) gold and zero.15% copper from eighty four metres in another indication of the sturdy bulk tonnage potential at the project.
Within the terribly broad intersection were 2 higher grade zones that included; eighty six.0 metres at zero.85g/t gold and zero.20% copper from one hundred ten.5 metres, and 46.1 metres at zero.78g/t gold and zero.17% copper from 259.5 metres.
Importantly for extra discoveries, mineralisation remains open to the north, south, west and at depth - with drilling already underway along strike.
The project lies among the Sunda-Banda arc, that is taken into account prospective for epithermal gold and porphyry copper-gold mineralisation.
Augur has an agreement to earn a fifty one interest of the project from PT Oxindo once the expenditure of US$1.5 million among twelve months from fifteen December 2010, and might earn an eightieth interest with the expenditure of an additional US$2.0 million among twenty four months of fifteen December 2010.
Secondly at the Jampang project Augur has intersected gold mineralisation in twenty seven of the last thirty-nine holes, as well as some high grade hits.
High grade highlights at Jampang include:
- 3.0 metres at eight.26g/t gold, 0.13% copper and forty three.8g/t silver from seventy two metres, as well as one.0 metre at twenty.3 g/t gold, 0.28% copper and ninety.1g/t silver; and
- 3.0 metres at five.65g/t gold, 0.29% copper and half-dozen.6g/t silver from seventy seven.0 metres.
There were additionally some broader highlights at Jampang such as:
- 15.0 metres at three.33g/t gold, 0.22% copper and twenty.7g/t silver from ninety four.0 metres;
- 12.0 metres at three.53g/t gold, 0.42% copper and fourteen.4g/t silver from fifty seven.0 metres; and
- 23.0 metres at one.90g/t gold, 0.13% copper and three.7g/t silver from fifty seven.0 metres.
The intersections were created in shut proximity to the Lipi gold-copper deposit.
11 years ago
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