ORP 5.71% 3.7¢ orpheus uranium limited

law, page-8

  1. 2,629 Posts.
    Hi thejase128,

    Your question:

    "but now all the matters is when r they going to start drilling pungket!"

    thejase128 have you taken the time to read the company's ASX announcements and the Feb.2008 presentation? If not find sections from them below.

  2. I think if you take the time to read the announcements and do some research you will see that THEY ARE DRILLING NOW.

  3. We are currently awaiting an update announcement that should re-rate the Inferred Resource upward. This announcement is due out shortly (This week / first in April).

    PLEASE DO YOUR OWN RESEARCH & DD

    Cheers,
    Brantley

    ************************************

    ASX ANNOUNCEMENT
    30 January 2008

    FURTHER SIGNIFICANT GOLD HITS CONCLUDE WEST EXTENSION DRILLIN AT SIHAYO 1 NORTH

    HIGHLIGHTS

  4. Latest drilling completed on Sihayo 1 North western extension (Pungkut Gold Project, Indonesia).

  5. Results include an excellent intersection of 22.75m @ 4.84g/t Au from 41m.

  6. Excellent potential to increase current Inferred Resource totalling 710,000oz – work to commence on upgraded resource in February 2008.

  7. Two rigs now operational at Hutabargot Julu Prospect targeting a large epithermal gold system.

  8. Further to its announcement of 15 January 2007, diversified exploration company Oropa Limited (ASX: ORP) is pleased to advise that it has received further significant gold assay results from the current resource extension drilling program at the Sihayo 1 North deposit at its 75%-owned Pungkut Gold Project in Indonesia.

  9. The diamond drilling to the west of the current Inferred Resource at Sihayo 1 North has been targeting out-cropping jasperoid to potentially increase the resource base in this direction.

  10. Currently, the Sihayo 1 North and Sambung deposits at Pungkut collectively contain Inferred Resources of approximately 710,000 ounces.

    The best results from the final two diamond drill holes of the recently completed resource extension drilling program are:

  11. SHDD104: 22.75m @ 4.84 g/t Au from 41m
  12. SHDD105: 2 @ 6.38 g/t Au from 2m

    *******************************************

    ASX ANNOUNCEMENT
    15 January 2008

    FURTHER ENCOURAGING GOLD HITS STRENGTHEN POTENTIAL SIHAYO 1 NORTH RESOURCE EXTENSIONS

    HIGHLIGHTS

  13. Drilling at Sihayo 1 North continues to confirm western extensions of known mineralisation.

  14. Latest results include an excellent intersection of 22m @ 3.96g/t Au from surface.

  15. Results from two additional drill holes currently awaited.

  16. Excellent potential to increase current Inferred Resource base totalling 710,000oz – work to commence on upgraded resource in February 2008.

  17. Sihayo North 1 rig relocated to Hutabargot Julu Prospect with two rigs now operational at this large epithermal gold system.

  18. Further to its announcement of 28 November 2007, diversified exploration company Oropa Limited (ASX: ORP) is pleased to advise that it has received further significant gold assay results from the current resource extension drilling program at the Sihayo 1 North deposit at its 75% owned Pungkut Gold Project in Indonesia.

    The drilling to the west of the current Inferred Resource at Sihayo 1 North is targeting outcropping jasperoid to potentially increase the resource base in this direction.

    Currently, the Sihayo 1 North and Sambung deposits at Pungkut collectively contain Inferred Resources of approximately 710,000 ounces.

    The latest results include:

  19. SHDD100: 7m @ 1.33 g/t Au from surface
  20. SHDD101: 3m @ 2.59 g/t Au from 7m
  21. SHDD103: 22m @ 3.96 g/t Au from surface
















 
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