Augur Resources (ASX: AUK) has released any diamond drill hole results from the Randu Kuning prospect, Wonogiri project in Central Java that any supports potential for a bulk gold resource at Randu Kuning prospect.
Hole WDD008 at the Randu Kuning prospect came a big width and mineralised intersection of 218.5 metres at zero.97 grams per tonne (g/t) gold and zero.2% copper from simply forty metres.
What is changing into apparent with every hole is that the mineralisation is widening with depth.
Causing excitement is that information from native geology and up to date drilling indicates that the mineralisation at Randu Kuning is expounded to a close to vertical gold-copper porphyry inside an oversized eroded volcanic centre.
This is almost like variety of great porphyry deposits along this zone as well as Newmont Mining Corporation’s (NYSE: NEM) operation at Batu Hijau (914Mt at zero.53% copper and zero.40g/t gold), Newmont’s Elang deposit on the island of Sumbawa and Intrepid Mines' (ASX: IAU, TSX: IAU) Tujuh Bukit (990Mt at zero.40% copper and zero.45g/t gold) in japanese Java.
Hole WDD008 was drilled to check down dip extension of the gold and copper mineralisation intersected in holes WDD006 (37.5 metres at zero.65g/t gold and zero.13% copper from surface and an extra forty eight metres at one.45 g/t gold and zero.26% copper from forty nine.5 metres)
Hole WDD004 (37.5m at 1.21g/t gold and zero.44% copper from five.5 metres depth) and WDD002 (47 metres at one.28 g/t gold and zero.26% copper). WDD008 is around sixty metres west of hole WDD006.
Mineralisation remains open to the north, south, west and at depth. an extra hole, west of WDD008, is being planned to check the western boundary of the mineralised zone and down dip of WDD008.
A second drill rig has arrived on website and can be used to any outline mineralisation at Randu Kuning and to check further targets identified inside alternative prospects at Wonogiri.
Sampling of core for preliminary metallurgical testing has commenced. Hole WDD009 has been completed and awaiting analysis.
The Wonogiri project is found thirty kilometres to the south of the provincial town of Solo in central Java and is well accessible by daily flights from the capital Jakarta and a brief one hour drive by automotive on a sealed road.
The project lies inside the Sunda-Banda arc and covers a neighborhood of three,928 hectares. the world is taken into account prospective for epithermal gold and porphyry copper-gold mineralisation.
11 years ago
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