SUMBA GOLD MINERALISATION EXPANDED
Hillgrove Resources Limited (ASX: HGO) is pleased to announce that further gold mineralisation has been identified on the Sumba license (Kuasa Pertambangan, “KP”) (Hillgrove 80%) in Indonesia. The project is highly prospective for epithermal and porphyry style mineralisation and covers identified zones of gold mineralisation.
Previous work had identified significant epithermal gold mineralisation within the Masu Project at Pahandanjal Prospect (peak values up to 25.27g/t gold and 71g/t silver in rock chip samples) and Okajara Prospect (peak values of 8.96g/t gold and 6.2g/t silver in rock chip samples).
Towards the end of the 2008 field season the focus of fieldwork shifted to other regional areas within the Masu Project and across to the Tanah Daro Project area in Central Sumba. The complete set of results for the 2008 field season have now been received and reviewed.
Hillgrove Resources Limited (ASX: HGO) is pleased to announce that further gold mineralisation has been identified on the Sumba license (Kuasa Pertambangan, “KP”) (Hillgrove 80%) in Indonesia. The project is highly prospective for epithermal and porphyry style mineralisation and covers identified zones of gold mineralisation.
Previous work had identified significant epithermal gold mineralisation within the Masu Project at Pahandanjal Prospect (peak values up to 25.27g/t gold and 71g/t silver in rock chip samples) and Okajara Prospect (peak values of 8.96g/t gold and 6.2g/t silver in rock chip samples).
Towards the end of the 2008 field season the focus of fieldwork shifted to other regional areas within the Masu Project and across to the Tanah Daro Project area in Central Sumba. The complete set of results for the 2008 field season have now been received and reviewed.
Highlights from the end of the field season include:
• Significant 200 x 200m gold in soil anomaly peaking at 0.67g/t defined at Pahandanjal prospect.
• Potential mineralised corridor at Okajara Prospect extended to 1.5km in length.
• Two additional prospects discovered within the Masu Project that host epithermal gold–silver mineralisation (Pandanjara and Kanjilu).
• Two new prospects within the Tanah Daro Project area that host epithermal goldsilver mineralisation (Pelitalira and Langela).
• A high grade rock chip sample from Pelitalira Prospect which returned 37.13g/t gold, 406g/t silver and 0.97% lead.
David Archer, the Managing Director of Hillgrove Resources said today “the 2008 field season for Sumba didn’t commence until late August and the focus up to this point has been largely on conducting due diligence and gauging the project’s potential. Even with this short programme, the results have been highly encouraging and Sumba is shaping up to be a very exciting gold project with numerous zones of gold mineralisation”.
Hillgrove’s Indonesian partner, PT Fathi Resources has been granted an extension for General Survey activities within the Sumba Exploration License for a further year. An Indonesian subsidiary of Hillgrove will undertake exploration work and feasibility studies if justified in return for an indirect 80% interest.
Hillgrove Resources Limited
• Potential mineralised corridor at Okajara Prospect extended to 1.5km in length.
• Two additional prospects discovered within the Masu Project that host epithermal gold–silver mineralisation (Pandanjara and Kanjilu).
• Two new prospects within the Tanah Daro Project area that host epithermal goldsilver mineralisation (Pelitalira and Langela).
• A high grade rock chip sample from Pelitalira Prospect which returned 37.13g/t gold, 406g/t silver and 0.97% lead.
David Archer, the Managing Director of Hillgrove Resources said today “the 2008 field season for Sumba didn’t commence until late August and the focus up to this point has been largely on conducting due diligence and gauging the project’s potential. Even with this short programme, the results have been highly encouraging and Sumba is shaping up to be a very exciting gold project with numerous zones of gold mineralisation”.
Hillgrove’s Indonesian partner, PT Fathi Resources has been granted an extension for General Survey activities within the Sumba Exploration License for a further year. An Indonesian subsidiary of Hillgrove will undertake exploration work and feasibility studies if justified in return for an indirect 80% interest.
Hillgrove Resources Limited
Project Update
Masu Project
The Masu Project is located in South East Sumba and has been the principal focus for exploration activities in 2008.
Pahandanjal Prospect
Results from the soil program at Pahandanjal have now been received and reviewed. The
program was conducted on a detailed 50 x 25m grid with 1kg samples collected every 12.5m
and composited as a 2kg sample at 25m.
The results have defined a very significant 200 x 200m gold in soil anomaly which peaked at
0.67g/t gold.
The soil anomalism corresponds well with both current rock chip work and from the historical
IP surveys and trench sampling conducted by BHP.
The peak gold anomaly coincides with a change in strike of mineralisation from approximately North to a North West direction and this is clearly evidenced by outcropping reefs. The change in strike and corresponding anomalism is possibly an indication of a favourable dilational zone and will be the focus for detailed mapping and trenching activities in 2009.
Okajara Prospect
Mineralisation at Okajara is hosted in quartz reefs and breccia zones within andesite
volcanics. Additional sampling at Okajara returned more significant assays with one sample
returning 1.98g/t gold and 40.2g/t silver.
Based on BHP trenching and IP anomalies it was initially believed that at least two reefs
were present striking North West for 500m. However, anomalous rock chips have now been
sampled a further one kilometre away to the North West indicating a potential mineralised
corridor of 1.5km
Pandanjara Prospect
Pandanjara is a new prospect located 3km NE of Pahandanjal and 800m south east and
along strike from Okajara. Mineralisation at Pandanjara is hosted within andesitic volcanics
and rock chip sampling has returned results up to 8.56g/t gold and 2.7g/t silver
Further exploration is required to understand potential dimensions; however the down strike
location from Okajara may be significant.
Kanjilu Prospect
Kanjilu is a new prospect located 2km North West and along strike from Okajara.
Mineralisation at Kanjilu is hosted within andesitic volcanics and rock chip sampling has
returned results up to 1.05g/t gold, 5.5g/t silver and 0.89% zinc.
Tanah Daro Project
The Tanah Daro Project is located in Central Sumba, west of the 120 degree longitude zone
boundary which has been selected as a project boundary for GIS purposes. At this stage
work on the project has been restricted to reconnaissance rock chip sampling with two
prospects discovered so far that have returned significant mineralisation. Significant results
from the rock chip sampling at Tanah Daro Project are presented in Table 2.
Langela Prospect
The Langela Prospect is located in gentle to moderately sloping terrain that is easily
accessible. It contains a number of epithermal quartz reefs and hydrothermal breccia zones
within andesite and rhyolite volcanics that have been found to host medium grade gold and
silver mineralisation.
The best result returned so far has been 3.29g/t gold and 43.4g/t silver.
Pelitalira Prospect
The Pelitalira Prospect is located at a prominent hill of the same name and was found to host
medium to high grade gold and silver mineralisation along with low grade base metal
mineralisation within andesitic volcanics. One sample returned 37.13g/t gold, 406g/t silver
and 0.97% lead.
A return to field exploration activities in Sumba is scheduled for March.
Results from the soil program at Pahandanjal have now been received and reviewed. The
program was conducted on a detailed 50 x 25m grid with 1kg samples collected every 12.5m
and composited as a 2kg sample at 25m.
The results have defined a very significant 200 x 200m gold in soil anomaly which peaked at
0.67g/t gold.
The soil anomalism corresponds well with both current rock chip work and from the historical
IP surveys and trench sampling conducted by BHP.
The peak gold anomaly coincides with a change in strike of mineralisation from approximately North to a North West direction and this is clearly evidenced by outcropping reefs. The change in strike and corresponding anomalism is possibly an indication of a favourable dilational zone and will be the focus for detailed mapping and trenching activities in 2009.
Okajara Prospect
Mineralisation at Okajara is hosted in quartz reefs and breccia zones within andesite
volcanics. Additional sampling at Okajara returned more significant assays with one sample
returning 1.98g/t gold and 40.2g/t silver.
Based on BHP trenching and IP anomalies it was initially believed that at least two reefs
were present striking North West for 500m. However, anomalous rock chips have now been
sampled a further one kilometre away to the North West indicating a potential mineralised
corridor of 1.5km
Pandanjara Prospect
Pandanjara is a new prospect located 3km NE of Pahandanjal and 800m south east and
along strike from Okajara. Mineralisation at Pandanjara is hosted within andesitic volcanics
and rock chip sampling has returned results up to 8.56g/t gold and 2.7g/t silver
Further exploration is required to understand potential dimensions; however the down strike
location from Okajara may be significant.
Kanjilu Prospect
Kanjilu is a new prospect located 2km North West and along strike from Okajara.
Mineralisation at Kanjilu is hosted within andesitic volcanics and rock chip sampling has
returned results up to 1.05g/t gold, 5.5g/t silver and 0.89% zinc.
Tanah Daro Project
The Tanah Daro Project is located in Central Sumba, west of the 120 degree longitude zone
boundary which has been selected as a project boundary for GIS purposes. At this stage
work on the project has been restricted to reconnaissance rock chip sampling with two
prospects discovered so far that have returned significant mineralisation. Significant results
from the rock chip sampling at Tanah Daro Project are presented in Table 2.
Langela Prospect
The Langela Prospect is located in gentle to moderately sloping terrain that is easily
accessible. It contains a number of epithermal quartz reefs and hydrothermal breccia zones
within andesite and rhyolite volcanics that have been found to host medium grade gold and
silver mineralisation.
The best result returned so far has been 3.29g/t gold and 43.4g/t silver.
Pelitalira Prospect
The Pelitalira Prospect is located at a prominent hill of the same name and was found to host
medium to high grade gold and silver mineralisation along with low grade base metal
mineralisation within andesitic volcanics. One sample returned 37.13g/t gold, 406g/t silver
and 0.97% lead.
A return to field exploration activities in Sumba is scheduled for March.
About Hillgrove
Hillgrove is an Australian resources company listed on the Australian Securities Exchange
(ASX: HGO) focused on developing its Indonesian, South Australian and Queensland base
and precious metals projects. The Company’s portfolio includes an advanced exploration
portfolio of 5,128km² in world class copper and gold terrains in eastern Indonesia targeting
porphyry copper-gold and epithermal deposits.
Hillgrove’s has a strategic, fully diluted, direct 22.6% shareholding in the leading New South
Wales coal seam gas company, Eastern Star Gas Limited (ASX: ESG).
Hillgrove’s most advanced project is the Kanmantoo Copper Gold Project, located less than
60km from Adelaide. Kanmantoo currently hosts a Mineral Resource of 32.2Mt (2.3MT
Measured, 22.5Mt Indicated and 7.4MT Inferred) grading 0.9% copper and 0.20g/t gold,
containing 292,200 tonnes of copper, 191,100 ounces of gold and 3,313,600 ounces of
silver. With production targeted for 2010, Kanmantoo will be a 2Mt per annum open-cut mine
producing approximately 17,000 tonnes of copper in concentrate and 8,000 ounces of gold
per annum.
The information in this report that relates to Exploration Results is based on information compiled by Mr. Adam Freeman, who is a Member of The Australasian Institute of Geoscientists. Mr. Freeman is an Exploration Manager for Hillgrove Resources and has sufficient relevant experience to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr. Freeman consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
(ASX: HGO) focused on developing its Indonesian, South Australian and Queensland base
and precious metals projects. The Company’s portfolio includes an advanced exploration
portfolio of 5,128km² in world class copper and gold terrains in eastern Indonesia targeting
porphyry copper-gold and epithermal deposits.
Hillgrove’s has a strategic, fully diluted, direct 22.6% shareholding in the leading New South
Wales coal seam gas company, Eastern Star Gas Limited (ASX: ESG).
Hillgrove’s most advanced project is the Kanmantoo Copper Gold Project, located less than
60km from Adelaide. Kanmantoo currently hosts a Mineral Resource of 32.2Mt (2.3MT
Measured, 22.5Mt Indicated and 7.4MT Inferred) grading 0.9% copper and 0.20g/t gold,
containing 292,200 tonnes of copper, 191,100 ounces of gold and 3,313,600 ounces of
silver. With production targeted for 2010, Kanmantoo will be a 2Mt per annum open-cut mine
producing approximately 17,000 tonnes of copper in concentrate and 8,000 ounces of gold
per annum.
The information in this report that relates to Exploration Results is based on information compiled by Mr. Adam Freeman, who is a Member of The Australasian Institute of Geoscientists. Mr. Freeman is an Exploration Manager for Hillgrove Resources and has sufficient relevant experience to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr. Freeman consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
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