SYDNEY (Yosefardi) – Sumatra Copper & Gold reported the ongoing phase 3 resource in-fill and extensional drilling program at its flagship Tembang Gold-Silver project in Sumatra, Indonesia, is progressing well with excellent results received to date across key deposits.
To date a total of 5,532 metres is drilled in 64 holes at Asmar, Berenai, Siamang, Tembang-Anang and Belinau. The drilling program has been planned and executed in consultation with Cube Consulting Pty Limited to maximise conversion of mineral resources to ore reserves.
The company expects the drill results to support its objective of increasing the debt carrying capacity of the project.