New Trench Results Expand Gold Potential at the Soro Prospect, Bima, East Sumbawa
Arc Exploration Limited (ASX Code: ARX) is pleased to report further gold results from trenching and soil sampling at the Soro Prospect in the Bima Exploration IUP in East Sumbawa, Indonesia.
- Disseminated gold mineralisation extended
- Extensive gold-multielement soil anomaly identified
Results from another three trenches testing a strong gold soil anomaly at the northern end of the Soro Prospect have been received. One of these trenches, ST18, intersected strongly silicified limestone and returned 59m at 0.84 g/t gold and 26m at 1.31 g/t Au.
Trench ST18 is located about 80m south of trench ST13 where a recently reported result of 38m at 2.88 g/t gold includes a high-grade zone of 2m at 35.4 g/t gold. The broad zone of disseminated gold mineralisation hosted by silicified limestone (“jasperoid”) in the northwestern part of the Soro prospect now extends for at least 180 metres in a north-easterly direction. The mineralisation is open to the southwest and is contained within an extensive 3km x 2km gold-multielement soil anomaly that extends to the south. These two broad intercepts are separated by a narrow access track that was not trenched. The other two trenches, ST19 and ST20, were weakly mineralised in moderately silicified and fresh limestone.
Managing Director Mr. John Carlile commented:
“These results are very positive. The new trench gold intercepts are significant because they expand the area of potentially economic gold mineralisation that we have found so far in the silicified limestone at the northern end of the prospect and the mineralisation is still open.
“The size and intensity of the surrounding soil anomaly is also significant as it suggests a very large zone of gold-bearing silicification with potential to host a bulk tonnage gold resource and high-grade feeder zones.
“So far, only the northern part of the anomaly has been tested by trenching and therefore the potential to find more disseminated gold mineralisation is regarded as high.”
Download this document
