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Barisan Intersects 104 Meters of 1.0% copper and 0.7 g/t Gold
Barisan Gold Corporation (TSXV:BG) is pleased to announce the first tranche of assay results for hole UTD-008 at its Upper Tengkereng gold-copper porphyry discovery, located in the Province of Aceh, Indonesia.
Barisan Gold Corporation (TSXV:BG) is pleased to announce the first tranche of assay results for hole UTD-008 at its Upper Tengkereng gold-copper porphyry discovery, located in the Province of Aceh, Indonesia.
According to the company’s press release:
Assays have been received from the first 400 metres of hole UTD-008. Hole UTD-008 is being drilled parallel to UTD-002 but in an opposite direction, scissor crossing that hole, with the objective of expanding and further defining the second high grade zone discovered in holes UTD-002 and UTD-006. UTD-008 is mineralized 4 metres from surface. From 296 to 400 metres, UTD-008 returned 104 metres of 0.7 g/t gold + 1.0% copper (1.4% copper equivalent at current market prices) within a wider intercept of 212 metres of 0.6 g/t gold + 0.8% copper (1.1% copper equivalent at current market prices). The high-grade mineralization remains open down hole at a depth below 400 metres.
Alex Granger, Chief Executive Officer of Barisan Gold commented:
Drilling at Upper Tengkereng continues to return outstanding copper and gold mineralization. UTD-008 has not only returned the highest grade intercept so far drilled at Upper Tengkereng but has also done so in a zone that sits very close to surface, reinforcing the economic potential of the deposit. The first high-grade zone discovered at Upper Tengkereng seems to start 400-500 metres below surface. This second high-grade zone starts within 150 metres from surface with significant economic grades in the mineralization above it. Upper Tengkereng continues to prove itself as a world-class discovery and, to-date, demonstrates the possibility that the high-grade Upper Tengkereng discovery and associated porphyry-style mineralization may develop into a meaningful copper-gold deposit.
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