tambang tinggi big potential little excitement

Well we are a week into drilling Tambang Tinggi, should take another week to drill all 8 holes & up to 4 weeks for results imo, market as usual has completly ignored the start of drilling at Tambang even though management state in the recent announcement:

"The current program is designed to potentially deliver the Company's "SECOND" JORC compliant gold resource"

Previous results are all low grade but big hits from surface 87m, 90m with the standout drill being "125 m @ 1.4 g/t Au from surface, including 25m @ 4.58 g/t Au from 31m in what is interpreted to be the phyllic alteration zone of a Porphyry Cu�]Au system", very much looks like a ROL, IAU & ARX type of system.

SIH hasnt even scratched the surface of this gold/copper target, over coming we weeks will get an idea of the potential as results come in, imo this & surrounding targets could be bigger then the already discoverd 1mil+oz resource at sihayo but only time will tell.

Looking ahead to march one would think management would be set to do another roadshow to get more interest from the market, another set of drilling results due & then resource upgrade at Sihayo Pungkut Gold Project which should upgrade to atleast 1.2miloz+, by end of march early april DFS results announced, following that we should see permits submitted to get approval to mine & funding for development begin to be organised.

No doubt alot happening that can set SIH rallying alot higher from current share price, but you wouldnt think that looking at the share price that has been stuck in consolidation for 3months+ in a roaring market.

Selling has been coming from Taylor Collisons from an option holder who converted 8mil options which looks to be sold, but also looks as there is another seller on the screen as we continue to struggle to break past .24, theres been good support soaking up the selling but the buyers are being very stubborn to pay any higher, more insto/broker support would be welcome to bring stronger buying interest on screen, hopefully that will change shortly, either on the back of news flow or gold price back towards $1400 level.

No doubt for what should be a very exciting time for us with 5 rigs drilling sihayo & 1 rig drilling Tambang this is becoming very frustrating & boring as the market continues to ignore a number of reasons why SIH should be higher then current levels, see how coming weeks go hopefully we will have something to get excited about..



As always dyor..











DRILLING RECOMMENCES AT TAMBANG TINGGI GOLD PROSPECT

HIGHLIGHTS

The Board of Sihayo Gold Limited (ASX: SIH) is pleased to announce that diamond drilling
has recommenced at the Tambang Tinggi gold/copper prospect located in the southern area
of the Company�fs Contract of Work (�gCOW�h) in North Sumatra, Indonesia.

The current drilling program is following up on scout drilling undertaken in 2005. Scout
drilling intersected 125 m @ 1.4 g/t Au from surface, including 25m @ 4.58 g/t Au from
31m in what is interpreted to be the phyllic alteration zone of a Porphyry Cu�]Au system.
The current program is designed to potentially deliver the Company�fs second JORC
compliant gold resource to compliment the flagship Sihayo Pungkut Gold Project (10.7 Mt
@ 2.9 g/t Au for 1.01 million oz).

Detailed surface work through the Tambang Tinggi Region is defining significant zones of
gold and copper mineralisation. A soil sampling program has defined an area of
approximately 2.5km by 0.6km containing anomalous gold and copper. A detailed rock chip
sampling program has returned a number of high grade gold, copper and silver results, with
20% of samples returning >1 g/t Au and a best sample of 62 g/t Au. In addition, 7% of
samples returned >30 g/t Ag with a best sample of 490 g/t Ag and 6% of samples returned
>0.5% Cu with a best sample of 5.03% Cu.

Further exploration work currently being undertaken within the Tambang Tinggi Region
includes a detailed aeromagnetic / radiometrics survey and a detailed dipole�]dipole induced
polarisation survey.

BACKGROUND

The Tambang Tinggi Region is situated on a section of the Sumatran Fault system and is
located in the southern portion of the Company�fs COW (Refer Figure 1). The region is
underlain by intercalated andesitic volcanics and limestones. Younger dacitic volcanics and
sandy conglomerates overlie the andesite / limestone sequence. A hornblende diorite,
weakly to moderately magnetic, has intruded the andesite / limestone sequence. Figure 2
below, shows the geology of the Tambang Tinggi Region.

Premliminary field work & scout drilling were undertaken over the Tambang Tinggi region in 2005 & 2006. Best results from scout drilling were from the Tambang Tinggi prospect:

TTDD001: 87M @ 0.7 g/t Au from surface
TTDD002: 125M @ 1.4 g/t Au from surface (including 25m @ 4.58 g/t Au from 31m)
TTDD003: 90M @ 0.4 g/t Au from surface
TTDD004: 4M @ 0.6 g/t Au from 47m and
18M @ 0.5 g/t Au from 55m and
4M @ 1.0 g/t Au from 78m and
3M @ 1.9 from 86m