For thousands of other reports visit RSC's Mineral Intellingence Map
Sihayo Gold Ltd.
Summary
| Project: | Sihayo | |
|---|---|---|
| Deposit: | Sihayo | |
| Location: | Indonesia | |
| Commodities: | Gold | |
| Date: | 4/30/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 30-4-2020: Sihayo Gold Ltd. announces an Exploration/Drilling Update report for its Sihayo deposit at the Sihayo project. Drilling results incl. 20m @ 9.36g/t Au from 140m. Sihayo Gold Limited (the “Company”) (ASX:SIH) owns a 75% interest in PT Sorikmas M | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Robert Spiers (Spiers Geological Consultants) | |
| ABSTRACT: | Sihayo Gold Limited (the “Company”) (ASX:SIH) owns a 75% interest in PT Sorikmas Mining (“Sorikmas”) (together the “Group”) which in turn holds the Sihayo-Pungkut 7th Generation Contract of Work (“CoW”). PT Aneka Tambang Tbk (“Antam”) is the Company’s joint venture partner in the CoW with a 25% interest. The CoW is located in North Sumatra in the Republic of Indonesia and is approximately three and a half hours drive south from the Martabe Gold Mine. The Sihayo Gold Project (“Sihayo”) is the most advanced project within the COW with a JORC Code (2012 Edition) Mineral Resource Estimate of 23.4 Mt at 2.11 g/t for 1.585 Moz in oxide, transitional and fresh ore type the Inferred, Indicated and Measured Resources categories. The CoW area is deemed to be highly prospective for gold, silver and copper mineralisation. In addition to the Sihayo project, there are over twenty (20) identified prospects of carbonate-hosted gold, low to intermediate - sulphidation epithermal-vein gold, gold-copper skarn, copper-gold porphyry and lead zinc skarn style mineralisation across the CoW area. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report