TORONTO (Indonesia Today) – Kalimantan Gold Corporation (KLG) has intersected new gold-silver mineralization at the Jelai Project in Kalimantan.
The intersections include 5.5m @ 2.73 g/t gold and 6.3 g/t silver and 1.5m @ 8.43 g/t gold and 21.7 g/t silver.
“The northwest quadrant of the Jelai IUP license hosts at least three discrete, sub-parallel, north-south trending epithermal structures, the Mewet, Sembawang and Nyabi vein systems,” KLG said Monday (Sept 17).
KLG has two exploration projects in Kalimantan: the Jelai epithermal gold project in East Kalimantan (which is optioned to Tigers Realm Metals Pty Ltd) under PT Jelai Cahaya Minerals and the PT Kalimantan Surya Kencana (KSK) Contract of Work in Central Kalimantan with multiple porphyry copper and gold prospects. Freeport McMoRan had option in KSK project. (Indonesia Today)