Big Gold discovery in Indonesia
Drilling at the Montong Botek high grade gold and copper porphyry target in Lombok, Indonesia has returned the longest mineralised intercept to date, which includes 0.25 g/t gold over 576.95 metres.
Southern Arc Minerals, which is developing the site as part of the Selodong Intrusive Complex (SIC) prospect, said the intercept included sections grading at 0.34 g/t gold over 113.9 metres, 0.30 g/t gold over 106.6 metres and 0.45 g/t gold over 52 metres.
The hole that returned the intercept was drilled 150 metres north west of historic drilling to test for extensions of high grade mineralisation encountered in previous work, the company said.
Returns from these holes had included 0.42 g/t gold over 442.2 metres, 0.40 g/t gold over 384.65 metres and 0.51 g/t gold over 363.50 metres.
Southern Arc said it plans to continue drilling at SIC, with further testing planned for lateral and depth extensions at Montong Botek, as well as the Blongas I and Blongas II zones. A total of 12 other targets will also be tested by the company's three drill rigs, it added.
The SIC prospect covers an area of seven kilometres by three kilometres on the south east portion of Southern Arc's property on the Indonesian island of Lombok.
Courtesy: World Gold Council