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MINING WELCOME 欢迎采矿 - The ASIA Miner

MINING WELCOME 欢迎采矿 - The ASIA Miner

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Indonesia<br />

Significant gold results at Tandai<br />

DRILLING at the Lusang North prospect of the Tandai joint venture of<br />

Sumatra Copper & Gold and Newcrest Mining in southwest Sumatra has<br />

resulted in significant gold intersections. <strong>The</strong> latest results at this discovery<br />

confirm that mineralization is hosted in a series of vein breccias.<br />

<strong>The</strong> vein breccias, which are similar in appearance to those mined<br />

at the historically productive Tandai Lode, were intersected in the first<br />

hole at Lusang North, about 200 metres north of Tandai Lode. A second<br />

hole was drilled from the same site at a steeper angle and returned<br />

seven separate intersections from 21 to 187 metres.<br />

<strong>The</strong>se are 3 metres from 21 metres @ 2.09 grams/tonne gold and<br />

2.6 grams/tonne silver; 4 metres from 31 metres @ 20 grams/tonne<br />

gold and 19.5 grams/tonne silver including 2.1 metres @ 37<br />

grams/tonne gold and 35.6 grams/tonne silver; 2 metres from 41 metres<br />

@ 3.53 grams/tonne gold and 9.5 grams/ tonne silver; 4.1 metres<br />

from 60 metres @ 8.84 grams/tonne gold and 17.9 grams/tonne silver;<br />

6 metres from 68 metres @ 2.47 grams/tonne gold and 5.7<br />

grams/tonne silver; 1 metre from 82 metres @ 4.43 grams/tonne gold<br />

and 7.2 grams/tonne silver; and 4 metres from 183 metres @ 3.71<br />

grams/tonne gold and 17.2 grams/tonne silver.<br />

Sumatra C&G’s chief executive officer Julian Ford says the company<br />

is highly encouraged that the early drilling has resulted in significant<br />

intersections: “What is encouraging is both the high grade gold intersections<br />

and width of mineralization. It is important that this discovery<br />

is very close to the historic Tandai Lode and yet remained undiscovered<br />

by previous explorers.<br />

“Our current understanding suggests the mineralization is mostly<br />

blind and does not outcrop except in an artisanal working. A significant<br />

CSAMT anomaly occurs 300 metres to the west of the current<br />

drilling and will now be tested by new drill holes.”<br />

<strong>The</strong> Tandai joint venture is in southwest Sumatra and includes historic workings.<br />

Tandai is an under-explored, high grade gold and silver project. It is<br />

about 100km north of Bengkulu, covers about 1000sqkm and has<br />

reported historic production of 1.4 million ounces of gold and 15 million<br />

ounces of silver.<br />

January/February 2012 | <strong>ASIA</strong> <strong>Miner</strong> | 39

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