SYDNEY (Yosefardi) – Augur Resources Ltd has re-commenced the drilling at its Wonogiri project in Central Java, Indonesia.
The objective of the 3,000 metre program will be to further define two higher grade gold-copper zones intersected in Randu Kuning by previous drilling and to complete a drilling program on exploration targets adjacent to Randu Kuning identified by the recent induced polarisation (IP) geophysical survey.
Further drilling will also be undertaken to test zones of high chargeability IP immediately adjacent to Randu Kuning as defined by the recently completed dipole-dipole IP survey at Wonogiri. This was the first IP survey conducted at Wonogiri and the 13,150 metres of survey was completed along 100 metre spaced lines using 50 metre dipole spacing.
The Wonogiri project is located approximately 30 kilometres to the south of the provincial city of Solo in central Java and is easily accessible by daily flights from the capital Jakarta and a one hour drive by car on a sealed road.
A total of 12,207 metres of drilling in 55 diamond drill holes has been completed at the Wonogiri project. Forty two of these, (7,215 metres) have been drilled at the Randu Kuning prospect area. Average drill depths were 318.0 metres with hole depth ranging from 157.6 to 855.0 metres. This work has defined a JORC compliant mineral resource of 1.54 million ounces of gold equivalent at a 0.2 g/t AuEq cut-off (90.9Mt at 0.53g/t AuEq).