The extention to the proposed contract was to all for additional drilling at the expense of PT
Kreasi Cemerlang Lestari. This is beyond the following:
• Significant downhole intercepts include:
o 3.1 metres at 13.0 g/t gold, 21.9 g/t silver (from 78.2 metres, DDH-597)
o 4.3 metres at 6.0 g/t gold, 8.6 g/t silver (from 41.2 metres, DDH-596)
o 2.7 metres at 6.7 g/t gold, 8.9 g/t silver (from 8.1 metres, DDH-595)
• Gold grades up to 25.1 g/t over 0.7 metres (from 78.2 metres, DDH-597) are evidence of high-grade
mineralising events present within the vein system and indicates potential to vector toward thicker
high-grade zones.
• A sub-parallel gold mineralised vein which is blind at surface was intercepted 25 metres to the north
of the Maul Vein, termed the Semung Besar Vein, as such the area is shown to host multiple veins
within the same structural corridor.
• Concealed, near surface mineralisation discovered in DDH-608, located up-dip from DDH-603 in
the southeastern part of the project area
o 6.0 metres at 4.3 g/t gold, 14 g/t silver (from 64.1 metres, DDH-608), including
▪ 0.4 metres at 31.3 g/t gold, 36 g/t silver (from 66.1 metres)
• Good continuity of high grade, shallow mineralisation demonstrated in holes DDH-605 and DDH606
o 2.2 metres at 7.9 g/t gold, 31 g/t silver (from 35.3 metres, DDH-606), including
▪ 0.5 metres at 15.1 g/t Au, 45 g/t silver (from 36.0 metres)
o 1.6 m at 4.4 g/t gold, 11 g/t silver (from 32.5 metres, DDH-605), and
o 0.8 metres at 8.6 g/t gold, 2 g/t silver (40.4 metres, DDH-605)
Does anyone know if there is an estimated JV? How does it compare to Way Lingo?
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