FYI...Additional information on the "Pungkut Project".
ASX ANNOUNCEMENT
30 January 2008
FURTHER SIGNIFICANT GOLD HITS CONCLUDE WEST EXTENSION DRILLING AT SIHAYO 1 NORTH
HIGHLIGHTS- Latest drilling completed on Sihayo 1 North western extension (Pungkut Gold Project, Indonesia).
- Results include an excellent intersection of 22.75m @ 4.84g/t Au from 41m.
- Excellent potential to increase current Inferred Resource totalling 710,000oz – work to commence on upgraded resource in February 2008.
- Two rigs now operational at Hutabargot Julu Prospect targeting a large epithermal gold system.
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.
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. 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:- SHDD104: 22.75m @ 4.84 g/t Au from 41m
- SHDD105: 2 @ 6.38 g/t Au from 2m
FYI...Additional information on the "Pungkut Project".ASX...
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