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Arc Exploration Ltd.
Summary
| Project: | Trenggalek | |
|---|---|---|
| Deposit: | Sentul, Buluroto | |
| Location: | Indonesia | |
| Commodities: | Gold | |
| Date: | 6/21/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 21-6-2016: Arc Exploration Ltd. announces an Exploration/Drilling Update report for its Sentul, Buluroto deposit at the Trenggalek project. Drilling results incl. 5.515m @ 6.89g/t Au from 50.55m. Arc Exploration Limited (ASX Code: ARX) announces this upda | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Brad Wake (Internal) | |
| ABSTRACT: | Arc Exploration Limited (ASX Code: ARX) announces this update on drilling on the Trenggalek Project located in East Java, Indonesia. A new phase of diamond drilling commenced at Trenggalek in early February 2016 and has continued with two man-portable rigs up until early June. Drilling was stopped at the commencement of the Islamic fasting month and the results received to date will be evaluated during this period. Drilling may recommence in July 2016. A total of 2745 metres in 20 holes has been completed to-date in this latest drilling phase (See Table 1). These holes test for mineralised extensions to within the large Sentul and Buluroto epithermal gold veins, which were previously tested with scout diamond drilling by ARX in 2010/11. Gold results for the first five holes in this latest drilling program were reported in an earlier announcement (See ASX announcement of 18 th April 2016). This announcement reports the gold results for the next eleven holes (See Table 2); STDH03 to STDH09 (Sentul) and BRDH03 to BRDH06 (Buluroto) (See Figures 2 & 3 for drill-hole locations). | |
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