SIH sihayo gold limited

A little bit of a mention in The Australian Online. Unsure if it...

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    A little bit of a mention in The Australian Online. Unsure if it made the broadsheet.

    Quote below:

    "BGF Equities has just put out a note on Sihayo Gold which it says can claim to have one of the best grades among ASX emerging gold producers with open pittable projects. This followed SIH releasing an upgraded resource at its Sihayo-Pungkut in northern Sumatra. The grades at the main deposit have risen by 25 per cent to 10.7 million ounces at 2.9 grams/tonne golod, or 1.01 million contained ounces.

    BGF says that, not only do the new figures give the current definitive feasibility study a boost, ?but we can also look forward to strong news flow over the coming weeks and months as SIH re-starts exploration drilling?. The study is assessing the plan to produce between 60,000oz and 70,000oz a year with a mine life of eight years."

    Full article link below:

    http://www.theaustralian.com.au/business/mining-energy/indonesia-its-turning-the-mining-page/story-e6frg9ex-1225894159034

 
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