VANCOUVER (Yosefardi) – Barisan Gold Corporation reported gold intersects, the first batch of drill results for hole UTD-004, at its Upper Tengkereng porphyry prospect, located in the Province of Aceh, Indonesia.
Hole UTD-004 was completed on January 8, 2014 at a final length of 1,465 metres, making it the longest and deepest hole ever drilled at the Barisan porphyry prospects.
Similar to the three previous holes, UTD-004 was fully mineralized, intercepting porphyry mineralization six metres from surface all the way to the end of the hole at 1,465 metres, with only a narrow 82 metre barren zone intercepted towards the top of the hole (compared with two barren zones for a combined 158 metres in UTD-003).
As a result, the porphyry system remains open in all directions as well as at depth (true depth of UTD-004 is estimated at 1,394 metres) after the first four holes.
Following UTD-003, Barisan Gold had identified a 60 by 25 metre high-grade zone (with a depth of 250 metres). The potential footprint of this high-grade zone has now been increased to 100 by 210 metre (with a depth of 530 metres) as a result of the two new intercepts drilled in UTD-004.
In addition, UTD-004 has also returned the first meaningful molybdenum intercepts identified at the Upper Tengkereng porphyry prospect. The first 986 metres of UTD-004 average approximately 0.01% molybdenum with assays as high as 0.12% molybdenum in some areas.