Centurion Mineral to drill test multiple targets
Saturday, June 18 2011 - 01:40 AM WIB
The first diamond drill rig is currently being mobilized and will be used to complete a minimum 2,000 metre drill program on the Company's Badak property. Centurion geologists have encountered a large, gold-bearing diatreme breccia, and an epithermal outcrop that has been traced for a 400 metre strike length, and outlined a 1.5 km x 1 km intrusive complex that displays hydrothermal alteration and quartz-sulfide vein stockwork; typical characteristics of porphyry-style mineralization. The drill rig is capable of drilling to a depth of 200 metres.
A second rig has been secured and drill pads and site logistics are being finalized in order to commence the first phase 2,000 metre drilling program on the Company's Banda Raya property where the Company previously reported results from geological and geochemical surveys that delineated a 5 km radius gold-copper prospect complex. Deposit types in this complex are: epithermal gold mineralization, porphyry copper-gold-style mineralization and gold + base metal-bearing quartz veins.
"Centurion's geological team has confirmed the existence of a cluster of significant gold-copper prospects within the Company's Aceh, Sumatra properties, and we are excited to be commencing a drilling campaign on multiple prospects." stated David Tafel, Centurion CEO.(romel)
