56 MioAUD MarktKap:
Mitte Juni soll ein Ressourcen Upgrade kommen
Highlights Infill Resource drilling at Sihayo 1 North and Old Camp completed.
Results to date continue to show excellent continuity of grade and thickness.
New significant results from Sihayo 1 North have included:
* SHDD 279 – 10m at 3.5g/t Au from 9m
and 3.4m at 9.2g/t Au from 23m
* SHDD 284 – 6m at 3.6g/t Au from 6m
and 24m at 4.5g/t Au from 91m
* SHDD 292 – 9m at 7.3g/t Au from 116m
* SHDD 298 – 23m at 4.9g/t Au from 20m
and 10m at 4.8g/t Au from 53m
* SHDD 304 – 11m at 4.6g/t Au from 90m
* SHDD 311 – 8m at 5.2g/t Au from 120m
* SHDD 321 - 7m at 6.9g/t Au from 133m
Significant results of initial infill drilling at Old Camp have included:
* SHDD 313 – 24m at 3.0g/t Au from 6m
* SHDD 303 – 8m at 2.3g/t Au from 15m
* SHDD 319 – 9m at 2.4g/t Au from 101m
The mineralisation remains open to the North, East and South and a number of holes recently drilled outside the original resource area have intersected significant widths of Jasperoid, the host rock to the gold mineralisation.
Two holes were completed approximately 200 metres SE of the SH1N resource. SHDD 316 intersected 8.3m at 3.7g/t Au while SHDD327 intersected 4m of Jasperoid and assays are awaited.
The Board of Sihayo Gold Limited (ASX; SIH) is pleased to announce that infill drilling of the Sihayo 1 North and
Old Camp resource within its 75% owned Sihayo Project in Sumatra, Indonesia has now been completed. New
results have been received for approximately 45 additional holes and these continue to show excellent continuity
of gold mineralisation within the resource area. Following receipt of the remaining assay results in mid June the
Company will complete an upgraded JORC resource estimate for the Sihayo Project.
The new results received continue to show good continuity of the high grade mineralisation in the south eastern
part of the resource and significant gold results from this region include 24m at 4.5g/t, 9m at 7g/t, 11m at 4.6g/t,
8m at 5.2g/t and 7m at 6.9g/t. The mineralisation is associated with thick well developed zones of Jasperoid (fine
grained silica) replacement of the original limestone sequence. A full listing of the results is included in Table 1
and the drill hole locations are shown in Figure 1.
In addition new results from the Old Camp Prospect and the north eastern extension of the main resource,
including 23m at 4.9g/t, 10m at 4.8g/t and 24m at 3.0g/t Au appears to confirm there are additional zones of
higher grade mineralisation sub parallel to the main Sihayo 1N mineralisation. Drilling is ongoing to test potential
extensions to this mineralisation.
Importantly results continue to show that mineralisation extends beyond the limits of drilling in most directions.
Two holes were drilled approximately 200 metres south east of the Sihayo 1N resource to test the potential
extensions along strike (Figure 2). Both holes intersected Jasperoid replacement below the Tertiary cover and
results have been received for one of the holes SHDD 316 which intersected 8.3m at 3.7g/t Au from 277m, results
from the second hole SHDD 327, which intersected 4m of Jasperoid, are expected within the next few weeks. The
recent results of the drilling also suggest there is likely to be a link between the Sihayo 1N resource and the
Sihayo 1 exploration area. Overall the results continue to clearly show the mineralisation extends beyond the limit
of the resource drilling.
Exploration drilling in the areas surrounding the Sihayo 1N resource will continue over the coming months with
the aim of identifying additional resources to add to the overall project inventory.
Yours faithfully,
SIHAYO GOLD LIMITED
Paul Willis
Chief Executive Officer
04 June 2010
Mitte Juni soll ein Ressourcen Upgrade kommen
Highlights Infill Resource drilling at Sihayo 1 North and Old Camp completed.
Results to date continue to show excellent continuity of grade and thickness.
New significant results from Sihayo 1 North have included:
* SHDD 279 – 10m at 3.5g/t Au from 9m
and 3.4m at 9.2g/t Au from 23m
* SHDD 284 – 6m at 3.6g/t Au from 6m
and 24m at 4.5g/t Au from 91m
* SHDD 292 – 9m at 7.3g/t Au from 116m
* SHDD 298 – 23m at 4.9g/t Au from 20m
and 10m at 4.8g/t Au from 53m
* SHDD 304 – 11m at 4.6g/t Au from 90m
* SHDD 311 – 8m at 5.2g/t Au from 120m
* SHDD 321 - 7m at 6.9g/t Au from 133m
Significant results of initial infill drilling at Old Camp have included:
* SHDD 313 – 24m at 3.0g/t Au from 6m
* SHDD 303 – 8m at 2.3g/t Au from 15m
* SHDD 319 – 9m at 2.4g/t Au from 101m
The mineralisation remains open to the North, East and South and a number of holes recently drilled outside the original resource area have intersected significant widths of Jasperoid, the host rock to the gold mineralisation.
Two holes were completed approximately 200 metres SE of the SH1N resource. SHDD 316 intersected 8.3m at 3.7g/t Au while SHDD327 intersected 4m of Jasperoid and assays are awaited.
The Board of Sihayo Gold Limited (ASX; SIH) is pleased to announce that infill drilling of the Sihayo 1 North and
Old Camp resource within its 75% owned Sihayo Project in Sumatra, Indonesia has now been completed. New
results have been received for approximately 45 additional holes and these continue to show excellent continuity
of gold mineralisation within the resource area. Following receipt of the remaining assay results in mid June the
Company will complete an upgraded JORC resource estimate for the Sihayo Project.
The new results received continue to show good continuity of the high grade mineralisation in the south eastern
part of the resource and significant gold results from this region include 24m at 4.5g/t, 9m at 7g/t, 11m at 4.6g/t,
8m at 5.2g/t and 7m at 6.9g/t. The mineralisation is associated with thick well developed zones of Jasperoid (fine
grained silica) replacement of the original limestone sequence. A full listing of the results is included in Table 1
and the drill hole locations are shown in Figure 1.
In addition new results from the Old Camp Prospect and the north eastern extension of the main resource,
including 23m at 4.9g/t, 10m at 4.8g/t and 24m at 3.0g/t Au appears to confirm there are additional zones of
higher grade mineralisation sub parallel to the main Sihayo 1N mineralisation. Drilling is ongoing to test potential
extensions to this mineralisation.
Importantly results continue to show that mineralisation extends beyond the limits of drilling in most directions.
Two holes were drilled approximately 200 metres south east of the Sihayo 1N resource to test the potential
extensions along strike (Figure 2). Both holes intersected Jasperoid replacement below the Tertiary cover and
results have been received for one of the holes SHDD 316 which intersected 8.3m at 3.7g/t Au from 277m, results
from the second hole SHDD 327, which intersected 4m of Jasperoid, are expected within the next few weeks. The
recent results of the drilling also suggest there is likely to be a link between the Sihayo 1N resource and the
Sihayo 1 exploration area. Overall the results continue to clearly show the mineralisation extends beyond the limit
of the resource drilling.
Exploration drilling in the areas surrounding the Sihayo 1N resource will continue over the coming months with
the aim of identifying additional resources to add to the overall project inventory.
Yours faithfully,
SIHAYO GOLD LIMITED
Paul Willis
Chief Executive Officer
04 June 2010
