Hi RT,
I am flat out on a project so only have time to copy and paste a copy of one of my posts on the Gold projects. See below.
Cheers,
Brantley
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re: confirms potential for major epithermal system (Brantley)
Code: ORP - OROPA LIMITED (Google ORP) Post: 2691741 Reply to: #2690797 from Rogues Trade Views: 56
Posted: 26/03/08 16:09 Sentiment: ST Buy Disclosure: Stock Held From: 124.149.xxx.xxx
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Hi RT,
I have been busy all day and just had a chance to read the announcement. I agree with your comment below. I cannot understand why no one has not picked up on this. You have a company like Oxiana next door that are very high on this area and are moving ahead very quickly. And yet no one has taken notice.
See what Owen Hegarty had to say in their 19/12/2007 ASX announcement below and then try and explain to why investors have NOT picked up ORP's project.
Your comment:
"Another day goes buy ORP announces very significant gold news to bring them another step forard to becoming a gold producer & the market totaly ignores ORP achievments."
ASX ANNOUNCEMENT
26 March 2008
DRILLING AT HUTABARGOT JULU GOLD PROSPECT
CONFIRMS POTENTIAL FOR MAJOR EPITHERMAL SYSTEM
HIGHLIGHTS
# Latest drilling completed at Hutabargot Julu (Pungkut Gold Project, Indonesia).
# Assay results from Sarahan Vein include:- 1 metre at 8.61 g/t gold from 64 metres
- 5 metres at 2.12 g/t gold from 23 metres
- 6 metres at 2.07g/t gold from 16 metres
- 3 metres at 2.66 g/t gold from 48metres
- 2 metres at 2.67 g/t gold from 120 metres.
# Drilling has encountered massive alteration at depth with potential to overlie a large epithermal system.
# High grade mineralisation identified at newly discovered Ali Vein, located west of the Sarahan Vein including rock chip assay samples of:- 136 g/t gold;
- 15.8 g/t gold;
- 11.2 g/t gold;
- 61 g/t gold;
- 22.7 g/t gold and
- 1,250 g/t silver.
# Drilling at Sarahan Vein to re-commence during June quarter after exploratory drilling at Ali Vein.
Sections from OXR 19/12/2007 ASX Announcement
19 December 2007
AUSTRALIAN STOCK EXCHANGE AND MEDIA RELEASE
OXIANA’S MARTABE GOLD PROJECT TO PROCEED
Following review of the recently completed Definitive Feasibility Study (DFS), Oxiana’s Board has approved development of the Martabe gold and silver project in the Indonesian Province of North Sumatra.//
//Martabe not only adds to Oxiana’s production pipeline but establishes a significant presence for Oxiana in Indonesia, one of the world’s most mineralised and highly prospective domains.//
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