re: Ann: High-Grade Gold-Copper Results from ... High-Grade Gold-Copper Results from trenching at Nilam Prospect
delineate a second porphyry centre in the Pinang-Pinang Project
· Strike length of Pinang-Pinang Project extended to 1.5 kilometres by
trenching at the Nilam Prospect. This mineralised corridor is interpreted
as an extension of the system which includes the previously discovered
Pala structure and is open along strike to the northwest.
· Trench results include
► Trench N1: 24m @ 6.89 g/t gold and 0.10% copper
► Trench N5 : 8m @ 2.88 g/t gold and 1.30% copper
Prosperity Resources Limited (ASX: PSP) is pleased to announce that a programme of
trenching at the Pinang-Pinang gold-copper Project in Aceh Province, Indonesia has
extended the strike length of the previously reported Pala Prospect to one and a half
kilometres through highly significant surface gold plus copper mineralisation at the Nilam
Prospect.
Soil sampling completed by Prosperity defined gold values up to 5.18 g/t with strong
coincident copper and molybdenum at the Nilam Prospect.
Chairman, Mr Mo Munshi said “these Nilam trench results extend the strike length of the
system and give us further encouragement about the exploration potential of this project.”
Diamond drilling will resume this week at the Pala Prospect after the traditional Muslim
holidays.
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