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Wilton Resources Corporation Ltd.
Summary
| Project: | Ciemas | |
|---|---|---|
| Deposit: | Ciemas | |
| Location: | Indonesia | |
| Commodities: | Gold | |
| Date: | 9/4/2014 | |
| Report Code: | JORC | |
| Report Type: | Scoping Study | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-9-2014: Wilton Resources Corporation Ltd. announces a Scoping Study report for its Ciemas deposit at the Ciemas project. Ciemas Open Cut Scoping Study. The Ciemas Gold Project is located in West Java, Indonesia, some 160km south of Jakarta. Epithermal | |
| Resources: | (Resource, M+I): 3.040Mt @ 8.8g/t Au for 26740kg Au contained at Ciemas | |
| CP/QP: | [Overall Report]: Timothy Edwin Akerman (Mancala Pty Ltd.) | |
| ABSTRACT: | The Ciemas Gold Project is located in West Java, Indonesia, some 160km south of Jakarta. Epithermal gold deposits outcrop and have been delineated to some 150m depth within nine individual deposits. Four of the epithermal deposits have had JORC compliant resources estimated upon them totalling 4.6Mt at 8.4g/t Au (Measured + Indicated + Inferred). The deposits are hosed by persistent and apparently continuous (vertically and horizontally) fault structures oriented either NW/SE or NE/SW. Mineralization with the fault structures averages 4.0m true width, are sub vertical to some 60 degrees from horizontal. The project has been in the control of the Wilton Group for some 7 years during which confirmatory drilling, test pit excavation, incline shaft development and several technical studies have been undertaken. In 2012 the Wilton Group engaged Yantai Design Engineering Co. Ltd (Yantai) to compile a feasibility study to examine the viability of mining the known resources by underground methods. A positive economic outcome was predicted by this study, however restricting the extraction technique to underground means was considered a limiting factor by several reviewers. The Wilton Group has engaged Mancala Pty Ltd to conduct a Scoping Study to examine the potential economically viability of mining the known resources by open cut methods. The study is to also examine potential underground mining methods following the completion of surface mining. Mancala are to review the technical data set and forward recommendations as to its integrity. | |
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