Additional Gold Mineralisation with Locally High Grades at Soro, Bima Project
Arc Exploration Limited (ASX Code: ARX) is pleased to announce further encouraging gold results obtained from trenching at the Soro Prospect in East Sumbawa.
- Additional broad zones of gold-silver mineralisation in trenches
- High-grade intersections indicate possible feeder structures: 2m at 35.4 g/t gold
Another six trenches have been completed within part of a large gold soil anomaly measuring over 1000m by 500m. Four of these trenches intersected gold mineralisation (see figure contained in ASX announcement). The longest intersection of 38m at 2.88 g/t gold includes 2m at 35.4 g/t gold and occurs in trench ST13 located about 30m west of ST08, in which 38m at 1.41 g/t gold was previously reported.
Another result of 12m at 1.12 g/t gold occurs in trench ST17, which is located about 150m northwest of the intercepts reported in trenches ST08 and ST13.
The gold mineralisation is hosted by silicified limestone (“jasperoid”) and is open to the southwest.
Managing Director Mr. John Carlile commented:
“These new results build on our previous work released in February 2011 and significantly extend the area of gold mineralisation at Soro and also highlight the potential for high-grade mineralised structures.
“Soro is a new prospect and we are still working to understand the controls on gold mineralisation in the area. What we do know is that gold occurs in pervasively silicified limestone and the grade and extent of gold results obtained to date are highly encouraging in this geological setting.
“Trenching to date has only tested a small part of the large gold in soil anomaly so there is significant potential to extend surface gold mineralisation well beyond the existing trenches.
“We are extending soil sampling to the south to test for extensions to the known gold mineralisation.”
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