Arc continues drilling at Trenggalek gold project

Australian-listed firm Arc Exploration Limited said Monday drilling is continuing at its Trenggalek gold project in East Java as part of a 15,000 metre drilling program planned for this year.

The program at Trenggalek is testing a number of areas that have the potential to prove up new gold and gold-copper resources, the company said.

The first rig commenced drilling on 10 May at the Suruh Prospect in the northern part of the Trenggalek tenement. A second drill rig has now arrived on site and commenced drilling at Timahan, it said.

Drilling at Suruh will test for gold-bearing veins and stockworks beneath extensive gold bearing breccias. This target has potential for an underlying gold deposit in a similar setting to the Toka Tindung deposit in North Sulawesi.

Drilling at Timahan is testing for epithermal gold veins and possibly replacement-style gold mineralisation associated with a large 3km x 2km silica-breccia cap in limestone and volcaniclastic rocks.

Managing Director, John Carlile, commented: ?We are very pleased to now have two rigs operating on the highly prospective Trenggalek gold project and we are also simultaneously undertaking further surface work and geophysics to provide additional information to assist us in targeting further drill holes. (romel)