Barisan Gold Provides Update on Drilling Activities at Upper Tengkereng
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 3, 2014) - Barisan Gold Corporation (TSX VENTURE:BG) is pleased to provide investors with an update on drilling activities at its Upper Tengkereng porphyry prospect, located in the Province of Aceh, Indonesia.
Barisan Gold commenced drilling of Hole UTD-005 on January 29, 2014. Hole UTD-005 is being drilled with an azimuth of 55 degrees and an inclination of 78 degrees. As of February 28, 2014, drilling had reached 836 metres in length, ahead of the schedule provided in the January 29, 2014 press release. Although no assays have yet to be received on UTD-005, Barisan Gold is extremely satisfied with the results to date. UTD-005 has so far matched our geological model for the eastern part of the Upper Tengkereng prospect, hence increasing our confidence of the geological continuity at Upper Tengkereng. Furthermore, the higher-grade zone forecast to be intersected from 525-675 metres seems to have been extended further to the current depth of 836 metres and seems to continue at depth. High-resolution pictures of the tray cores for the higher-grade zone between 542-762 metres are available on the Barisan Gold website (http://www.barisangold.com/photogallery/uppertengkereng).
The following table presents the visual interpretation of UTD-005 up to the 836-metre mark.
Length | Rock Type | Mineralization (Visual Interpretation Only) | ||
0 - 5 m | Soil | - - | ||
5 - 74 m | Advanced Argillic-Argillic, Hydro Breccia | Chalcocite: 0.2-0.3%, Chalcopyrite: 0.2-0.3% | ||
74 - 82 m | Argillic, Hornblende Feldspar Porphyry | Chalcopyrite: 0.3% | ||
82 - 125 m | Argillic, Hydro Breccia | Chalcopyrite: 0.2% | ||
125 - 259 m | Propylitic, Hornblende Diorite | - - | ||
259 - 268 m | Advanced Argillic-Argillic, Hydro Breccia | Chalcocite: 0.1%, Chalcopyrite: 0.1% | ||
268 - 304 m | Argillic, Hornblende Feldspar Porphyry | Chalcopyrite: 0.1-0.4% | ||
304 - 324 m | Advanced Argillic-Argillic, Feldspar Porphyry | Chalcocite: 0.3% | ||
324 - 342 m | Advanced Argillic-Argillic, Hornblende Feldspar Porphyry | Chalcocite: 0.1%, Chalcopyrite: 0.2% | ||
342 - 378 m | Phyllic, Feldspar Porphyry | Chalcocite: 0.3-0.4% | ||
378 - 430 m | Phyllic, Hornblende Feldspar Porphyry | Chalcocite: 0.2% | ||
430 - 453 m | Phyllic-Argillic, Feldspar Porphyry/Hydro Breccia | Chalcocite: 0.2-0.3%, Chalcopyrite: 0.2-0.3% | ||
453 - 471 m | Advanced Argillic-Phyllic, Feldspar Porphyry | Chalcocite: 0.3-1.0%, Chalcopyrite: 0.3-0.5% | ||
471 - 526 m | Propylitic, Hornblende Diorite | - - | ||
526 - 638 m | Argillic-Phyllic, Feldspar Porphyry | Chalcocite: 0.3-0.5%, Chalcopyrite: 0.3-1.0% | ||
638 - 710 m | Chlorite-Sericite/Potassic, Feldspar Porphyry | Chalcocite: 0.3%, Chalcopyrite: 1.5-2.0% | ||
710 - 836 m | Chlorite-Sericite/Potassic, Equigranular Diorite | Chalcopyrite: 0.6-2.0% |
In addition, UTD-005 has yet to intersect any limestone contact zone, which we predicted would be intersected at the 750-metre mark if it had been vertically dipping. This means that the limestone contact zone is either diagonally dipping away from the deposit or horizontally lying closer to surface.