Sumatra reports further results from Belinau drilling

By Romel S. Gurky

Australian-listed miner Sumatra Copper & Gold Plc. has reported further high grade results from geotechnical drilling at its Belinau deposit within its wholly-owned Tembang gold and silver project in South Sumatra.

The company said in a press statement on Tuesday that the results were derived from the remaining three geotechnical holes drilled during the third quarter of 2011 as part of the recently concluded pre-feasibility study, and will improve the overall resource.

Sumatra Managing Director Julian Ford said the results continue to outline the high grade nature and exploration potential of the Belinau vein system which is a key component of the Stage 1 development plan.

?The Company will resume extension and infill drilling of the Tembang prospects once it is in a position to fund this exploration from cash flow. The Company already has an extensive resource base and will be looking to leverage off this asset in the current attractive gold market. It is encouraging that all the geotechnical drill holes intersected significant mineralization,? said Ford.

Editing by Benget Besalicto Tnb.