re: Ann: High-Grade Gold-Copper Results from ...
High-Grade Gold-Copper Results from trenching at Nilam Prospect delineate a second porphyry centre in the Pinang-Pinang Project
· Strike length of Pinang-Pinang Project extended to 1.5 kilometres by trenching at the Nilam Prospect. This mineralised corridor is interpreted as an extension of the system which includes the previously discovered Pala structure and is open along strike to the northwest.
· Trench results include ► Trench N1: 24m @ 6.89 g/t gold and 0.10% copper ► Trench N5 : 8m @ 2.88 g/t gold and 1.30% copper
Prosperity Resources Limited (ASX: PSP) is pleased to announce that a programme of trenching at the Pinang-Pinang gold-copper Project in Aceh Province, Indonesia has extended the strike length of the previously reported Pala Prospect to one and a half kilometres through highly significant surface gold plus copper mineralisation at the Nilam Prospect.
Soil sampling completed by Prosperity defined gold values up to 5.18 g/t with strong coincident copper and molybdenum at the Nilam Prospect.
Chairman, Mr Mo Munshi said “these Nilam trench results extend the strike length of the system and give us further encouragement about the exploration potential of this project.” Diamond drilling will resume this week at the Pala Prospect after the traditional Muslim holidays.
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