Barisan Gold provides update on activities
Saturday, September 3 2011 - 12:54 PM WIB
Barisan Project (80% owned and operated by Barisan Gold)
Barisan Gold recently completed an airborne geological survey on parts of the Barisan Project tenement area (see Figure 1 below), which has both reconfirmed the location of the previously identified copper-gold porphyry prospects as well as identified 25 new prospects within the tenement area. The new prospects are distinguished by displaying similar features to areas known to host porphyry mineralization with the Barisan tenement area. First pass reconnaissance of these 25 new prospects is underway with the collection of a number of samples. The objective of this work is to identify drill targets within the next few weeks.
Due to the success of the airborne geological survey, Barisan Gold will be conducting a second airborne geological survey over a larger part of the tenement package area at Barisan. This is expected to occur before the end of the year assuming all permits are granted by the local authorities. The completion of the second airborne geophysical survey is expected to give coverage over a district corridor with the dimensions of 50 x 15 kilometers. Porphyry style mineralisation/alteration has already been identified in the area that is yet to be surveyed and, similar to the first survey, the second survey will identify any blind targets. On the ground, early stage exploration activities is underway in the areas to be covered by this second survey. This work includes alteration mapping, rock chip, soil, stream and channel sampling. From this work 6 targets have already been identified.
Barisan Gold is also expecting to receive the previously ordered YDX 1800 drill rig from IndoDrill by early November allowing for drilling activities to resume onsite (drill rig with depth capacity of 1,800 meters). The location of the first drill hole has yet to be determined as the company continues to analyze data from the airborne geological survey, exploration work completed over the past few months, site access and logistic avenues.
About Barisan Gold Corporation
Barisan Gold is a Canadian-based minerals exploration company listed on the TSX Venture Exchange under the symbol "BG". The Company is engaged in the exploration, acquisition and development of mineral properties in Indonesia. Barisan Gold currently owns and operates three gold and gold-copper properties in Indonesia's Aceh Province on the northern tip of Sumatra Island, namely the Barisan gold-copper porphyry belt, the Abong epithermal gold project and the Takengon gold-copper porphyry prospect. Barisan Gold currently has 20,353,093 shares outstanding. (end of edited announcement)
