VANCOUVER (Yosefardi) – Barisan Gold Corporation is extremely satisfied with the results to date of drilling results 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. 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.
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.
Although UTD-005 was planned to a final length of 750 metres, Barisan Gold intends on pursuing UTD-005 until the earlier of (i) hitting the limestone contact zone, (ii) drilling out of porphyry mineralization and (iii) reaching the design capacity of the rig, which is 1,750 metres.
In other news, Barisan Gold has received the final assays for UTD-004. There were no new meaningful higher-grade intercepts in the final section from 986 to 1,465 metres. UTD-004 ended up with 1,459 metres of 0.3g/t gold + 0.2% copper, including 30 metres of 1.2g/t gold + 0.4% copper and 202 metres of 0.7g/t gold + 0.4% copper + 0.01% molybdenum. UTD-004 was fully mineralized 6 metres from surface until the end of the hole at 1,465 metres.
Barisan Gold retained the laboratory services of PT Intertek Utama Services of Jakarta, Indonesia, which, in the case of UTD-004, employed the fire assay method (FA50) on gold samples and for other precious and base metal analyses, ICP with multi acid digestion.