Sihayo expects drills at Sambung to complete November
Wednesday, October 31 2012 - 10:44 AM WIB
ASX-listed Sihayo Gold Limited recently stated it expects to complete in-fill drilling as well as conversion drilling at Sambung Resource in early November.
Its resource consultants, Hellman & Schofield, are scheduled to release an updated JORC Compliant Resource report for Sambung Resource by late December.
The current Sambung JORC Compliant Resource stands at 1.8Mt @ 2.2 g/t Au containing 125,400 ounces, comprising 1.0 Mt @ 2.3 g/t Au for 72,500 ounces in the Indicated Category and 0.8 Mt @ 2.1g/t Au for 52,900 ounces in the Inferred Category.
"This quarter drilling was aimed at converting a portion of the remaining inferred material into the higher Indicated Category," the company said in quarterly report.
Editing by Er Audy Zandri