ORP orpheus uranium limited

ASX ANNOUNCEMENT2 June 2006Drilling Success at Sihayo 1...

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    ASX ANNOUNCEMENT
    2 June 2006
    Drilling Success at Sihayo 1 Prospect
    HIGHLIGHTS
    • Broad-spaced reconnaissance diamond drilling of the Sihayo
    1 prospect area discovers gold mineralisation
    • Results of the first 6 drill holes drilled and assayed include:
    �� SHDD067: 4m @ 4.09g/t Au from 3m (including 1m @
    8g/t Au from 4m)
    �� SHDD068: 5m @ 2.1 g/t Au from 7m
    • Mineralisation at Sihayo 1 is associated with intense
    hydrothermal alteration, consistent with the nearby Sihayo 1
    North deposit (610,000 Oz Au Inferred Resource)
    • Sihayo 1 prospect is located midway between the Sihayo 1
    North deposit (approximately 1km to the north) and the
    Sambung prospect (approximately 1km to the south east)
    • Drilling of the Sihayo 1 mineralised system continues to test:
    �� The lateral extent and depth of mineralisation
    �� The possibility of mineralisation extending towards
    both Sihayo 1 North and Sambung
    Oropa is pleased to announce drilling success at the Sihayo 1 North
    prospect, located within the North Block of its 75% owned Pungkut
    Project, North Sumatra, Indonesia (Fig 1).
    Drilling encountered shallow gold mineralisation in intensely silicified,
    hydrothermally altered volcaniclastic and limestone. Gold
    mineralisation at Sihayo 1 occurs as sub-horizontal zones of jasperoid
    silica, developed within Permian lithology (usually limestone) at the
    contact with younger Tertiary sedimentary cover. The cover is
    generally not mineralised.

    2 www.oropa.com.au
    The style of mineralisation at Sihayo 1 appears to be very similar in nature to, and may
    represent a direct extension of the Sihayo 1 North deposit.
    Initial Drill results include:
    SHDD067: 4m @ 4.09g/t Au from 3m (including 1m @ 8g/t Au from 4m)
    SHDD068: 5m @ 2.10 g/t Au from 7m
    SHDD069: 6m @ 1.42g/t Au from 8m
    SHDD070: 6m @ 1.72g/t Au from 8m
    SHDD071: 9m @ 1.02g/t Au from 43m
    These drill holes, completed on 100m x 100m centres, are designed to assess the lateral
    extent of hydrothermal alteration and the thickness of Tertiary sediment cover. The
    results confirm that the hydrothermal alteration zone persists over a wide area, and that
    the Tertiary cover is significantly shallower than initially thought (Fig 2).
    The current drill programme at Sihayo 1 is ongoing and will test an area of approximately
    800m x 500m, with infill and extensional drilling to be initiated depending on results.
    Concurrently with the drilling programme at Sihayo 1, Oropa has two drill rigs operating
    at the Sambung prospect some 1 km to the south east of Sihayo 1. Drilling at Sambung
    is targeting high grade gold values encountered in earlier trenching and drilling.
    Results from these programmes will be announced as they are received and evaluated.
    Table 1: Sihayo 1 North Drill Collar and Intersections
    IntersectioHole Local n
    Easting
    Local
    Northing
    UTM
    Easting
    UTM
    Northing
    Dip Depth
    (m) From To M Au g/t
    SHDD066 55700 9653 548182 101496 -90 122 Nil
    SHDD067 55705 9748 548244 101564 -90 60 3 7 4 4.09
    SHDD068 55706 9548.5 548129 101415.5 -90 24.1 7 12 5 2.10
    SHDD069 55706.5 9550 548130 101416 -90 18.3 7 13 6 1.42
    SHDD070 55706 9550 548130 101417 -90 50.6 7 13 6 1.72
    SHDD071 55812 9606 548238 101394 -90 87.8 43 52 9 1.02
    Notes
    1. All assays were determined by 50gm fire assay with AAS finish
    2. A 0.5ppm Au lower cut was used
    3. A maximum of 2m of consecutive internal waste (material less than 0.5ppm Au) per reported intersection
    4. All interval grades were calculated as a weighted average
    5. All intervals reported as down hole lengths
    6. Collar positions established by tape and compass traverse from surveyed benchmarks
    7. UTM Zone 47 Northern Hemisphere
    Yours faithfully
    OROPA LIMITED
    PHILIP C CHRISTIE
    Director
    _________________________________________________________________________________________________
    3 www.oropa.com.au
    Note1: It is advised that in accordance with the Australian Stock Exchange Limited Listing Rule 5.6, the information in
    this report that relates to Exploration Results is based on information compiled by Mr. Jim Kerr, who is a Member of the
    Australasian Institute of Mining and Metallurgy. Mr. Kerr is a full time employee of Oropa Limited and has sufficient
    experience which is relevant to the style of mineralisation and type of deposit which is under consideration and to the
    activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the “Australasian Code
    for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr. Jim Kerr consents to the inclusion in this
    report of the matters based on his information in the form and context in which it appears.
    Note 2: All statements in this report, other than statements of historical facts that address future timings, activities,
    events and developments that the Company expects, are forward looking statements. Although Oropa Ltd, its
    subsidiaries, officers and consultants believe the expectations expressed in such forward looking statements are based on
    reasonable expectations, investors are cautioned that such statements are not guarantees of future performance and
    actual results or developments may differ materially from those in the forward looking statements. Factors that could
    cause actual results to differ materially from forward looking statements include, amongst other things commodity prices,
    continued availability of capital and financing, timing and receipt of environmental and other regulatory approvals, and
    general economic, market or business conditions.
    _________________________________________________________________________________________________
    4 www.oropa.com.au
 
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