Southern Arc Announces Drill Results From Mencanggah and Pelangan Prospects, West Lombok Project
September 21 2011 - 11:45AM
Marketwired
Southern Arc Minerals (TSX VENTURE: SA) ("Southern Arc") has
received assay results from the first two holes drilled on the
Mencanggah Prospect on its West Lombok Project in Indonesia. Drill
holes MCG001 and MCG002 drilled at the Waterfall target (Figure 1)
failed to reach their target depth; however, both holes intersected
parallel subsidiary epithermal quartz vein and breccia structures
(Figure 2) that returned the following encouraging intervals:
MCG001 2.30m @ 3.96 g/t Au from 257.50m
including 0.80m @ 7.60 g/t Au from 259.00m
MCG002 2.00m @ 5.15 g/t Au from 118.70m
including 0.20m @ 9.80 g/t Au from 118.70m
Based on surface mapping, the Waterfall target comprises a 1,200
metre long zone of mineralized epithermal breccias and veins, with
two main parallel structures (15m average width) that are
interpreted to coalesce at depth based on structural data (Figure
2).
Dr. Mike Andrews, Southern Arc's President and Chief Operating
Officer, commented: "The first drill holes at the Mencanggah
prospect have returned encouraging intercepts and confirm gold
mineralization at depth, albeit in splays peripheral to the main
target zones. Further drilling at Waterfall is a high priority and
we look forward to reporting results as the drill program
advances."
Holes MCG001 and MCG002 were halted in August following local
unrest. Southern Arc has increased security at site and expects to
resume drilling at Mencanggah by month end to test gold-bearing
epithermal breccias with a program of approximately 30 holes to an
average depth of 300 metres to complete a total of 10,000 metres by
year end (Figure 1). Follow-up drilling with the objective of
completing a National Instrument 43-101 compliant resource estimate
for Mencanggah will continue through the first half of 2012.
Pelangan Drill Results
Southern Arc has also received assays for holes PDL028 to PDL033
drilled at the Pelangan Prospect.
PLD028 (Central Raja) 1.35m @ 1.0 g/t Au and 6.2 g/t Ag from 251.05m
PLD031 (South Raja) 3.90m @ 3.9 g/t Au from 154.70m
including 0.85m @ 11.5 g/t Au from 156.40m
PLD032 (South Raja) 13.15m @ 1.4 g/t Au from 87.20m
including 3.30m @ 2.3 g/t Au from 97.05m
PLD033 (Tanjung) 0.65m @ 1.04 g/t Au from 114.95m
Drill holes PLD029 and PLD030 at North Raja did not intersect
any significant mineralization.
Southern Arc has drilled more than 7,000 metres at Pelangan as
part of its Phase 2 exploration program. Drilling will resume at
Pelangan in late Q4-2011 with approximately 13,000 metres with the
objective of completing a National Instrument 43-101 compliant
resource estimate for the Pelangan Prospect in the first half of
2012.
On behalf of the Board of Directors
John Proust, Chairman and CEO
About Southern Arc
Southern Arc Minerals Inc. is an Indonesia-based Canadian
mineral exploration company with an aggressive exploration,
acquisition and growth strategy. The Company's portfolio includes
four exploration projects with epithermal gold and gold-copper
porphyry prospects on the Lombok and Sumbawa islands in Indonesia,
three of which are being advanced in partnership with major mining
companies Vale and Newcrest. The Company's key exploration property
is its West Lombok project, with several gold-rich copper porphyry
and epithermal gold vein prospects. Southern Arc is listed on the
TSX Venture Exchange under the symbol SA. More information is
available at www.southernarcminerals.com or by emailing
info@southernarcminerals.com.
Qualified Person and Quality Control and Assurance
The information in this release has been compiled under the
supervision of Southern Arc's Chief Geologist, Andrew Rowe B. App.
Sc. Geology, MAusIMM. Mr. Rowe has over 18 years of international
mineral exploration experience throughout Southeast and Central
Asia and Australia. During this time he has held such positions as
Chief Geologist - Feasibility Studies, Senior Geologist and
Consulting Geologist. Mr. Rowe has sufficient experience relevant
to the style of mineralization under consideration and qualifies as
a Qualified Person as defined by National Instrument 43-101.
The drill program and sampling protocol is managed by Southern
Arc under the supervision of Andrew Rowe. The diamond drill holes
are drilled at PQ, HQ and NQ sizes depending on hole depth and core
recovery to date has averaged 98.0%. Half core is cut by rock saw
and is generally sampled using nominal 1-metre intervals; however,
sample intervals are varied according to geological contacts and
have ranged between 0.2 to 2.5 metres in length. Three quality
control samples (one blank and two standards) are inserted into
each batch of 40 samples. The half core samples are securely
transported from the project site to the Intertek Testing Services
("ITS") sample preparation laboratory in Sumbawa Besar via private
truck hired by Southern Arc. Sample pulps are then sent to the ITS
Jakarta laboratory by ITS. Gold is analysed by fire assay with AAS
finish and a four-acid digestion with ICP-MS finish is used to
analyse a full suite of elements including silver and base metals.
ITS is one of the world's largest product and commodity testing,
inspection and certification organizations. The Jakarta laboratory
is ISO 17025 accredited and employs a Laboratory Information
Management System for sample tracking, quality control and
reporting.
Forward-looking Statements
This news release contains forward-looking statements relating
to expected or anticipated future events and operations, timing of
projects and anticipated results that are forward-looking in nature
and, as a result, are subject to certain risks and uncertainties,
such as general economic, market and business conditions, the
regulatory process and actions, technical issues, new legislation,
competitive and general economic factors and conditions, the
uncertainties resulting from potential delays or changes in plans,
the occurrence of unexpected events, and the company's capability
to execute and implement future plans. Actual results achieved may
vary from the information provided herein as a result of numerous
known and unknown risks and uncertainties and other factors. There
is no representation by the company that actual results achieved
during the forecast period will be the same in whole or in part as
that forecast.
To view the figures accompanying this release please click on
the following link:
http://media3.marketwire.com/docs/0921sa.pdf
Table 1 - Mencanggah Prospect, Phase 1 Drilling, Diamond Drill
Hole Statistics
----------------------------------------------------------------------------
AZI- SIGNIF-
COORD- EL. MUTH ICANT
INATE (m (N... INCL FINAL INTER-
HOLE UTM above degrees (approx. DEPTH INTER- SECTIONS
ID E N MSL) E) degrees) (m) VAL (Au g/t)
----------------------------------------------------------------------------
MCG 388177.0 9022741.0 277 210 -50 288.30 257.50- 2.30m @
001 259.80m 3.96g/t Au
(i)
----------------------------------------------------------------------------
MCG 388026.6 9022819.6 309 210 -55 138.30 118.70- 2.00m @
002 120.70m 5.15g/t Au
(i)
----------------------------------------------------------------------------
(i) Silver results pending.
Table 2 - Pelangan Prospect, Phase 2 Drilling, Diamond Drill Hole Statistics
----------------------------------------------------------------------------
AZI- SIGNIF-
COORD- EL. MUTH ICANT
INATE (m (N... INCL FINAL INTER-
HOLE UTM above degrees (approx. DEPTH INTER- SECTIONS
ID E N MSL) E) degrees) (m) VAL (Au/Ag g/t)
----------------------------------------------------------------------------
PLD 384577.0 9028692.0 144.8 59 -50 150.00 56.55- 4.85m @
001 61.4m 7.11/18.5
incl.
56.55- 1.35m @
57.9m 16.7/17.0
----------------------------------------------------------------------------
PLD 384577.0 9028692.0 144.8 59 -75 221.80 120.15- 17.25m @
002 137.4m 5.73/11.7
incl.
121.6- 8.75m @
130.35m 10.51/20.7
----------------------------------------------------------------------------
PLD 384530.9 9028672.1 120.4 65 -65 300.30 232.95- 16.55m @
003 249.50m 5.5/3.7
incl.
237.50- 7.70m @
245.20m 10.9/6.1
incl.
240.70- 4.50m @
245.20m 17.6/8.0
----------------------------------------------------------------------------
PLD 384656.2 9028587.2 186.8 70 -50 150.00 79.25- 10.95m @
004 90.20m 2.00/34.0
incl.
88.70- 1.5m @
90.20m 5.6/166.0
----------------------------------------------------------------------------
PLD 384463.8 9028885.9 71.6 100 -50 149.20 72.70- 17.5m @
005 74.45m 1.15/4.9
and
92.90- 1.95m @
94.85m 1.16/13.7
----------------------------------------------------------------------------
PLD 384656.2 9028587.2 186.8 70 -68 149.00 110.05- 16.15m @
006 126.20m 1.4/12.0
incl.
110.05- 2.45m @
112.50m 4.7/34.0
----------------------------------------------------------------------------
PLD 384490.0 9028777.6 77.6 62 -45 158.75 78.80- 39.7m @
007 118.50m 9.4/15.7
incl.
78.50- 17.40m @
96.20m 19.4/28.3
incl.
88.10- 6.15m @
94.25m 37.7/26.0
127.70- 0.75m @
128.45m 22.1/15.4
----------------------------------------------------------------------------
PLD 384615.3 9028682.7 161.2 75 -45 156.00 70.35- 11.55m @
008 81.90m 9.80/31.1
incl.
70.35- 3.5m @
81.90m 26.1/96.5
93.70- 11.8m @
105.50m 1.40/9.2
incl.
100.2- 2.00m @
102.2m 3.70/22.6
----------------------------------------------------------------------------
PLD 384530.9 9028672.1 120.4 32 -60 295.00 217.30- 8.20m @
009 225.50m 4.4/2.7
incl.
217.30- 4.30m @
221.60m 7.5/3.9
----------------------------------------------------------------------------
PLD 384615.3 9028682.7 161.2 72 -70 195.00 127.35- 22.05m @
010 149.40m 2.7/2.8
incl.
140.40- 9.0m @
149.40m 4.6/1.6
incl.
140.80- 1.4m @
142.20m 11.5/2.3
----------------------------------------------------------------------------
PLD 384529.0 9028670.0 117.0 65 -60 282.35 210.20- 16.5m @
011 226.70m 3.2/16.4
incl.
211.50- 4.75m @
216.25m 8.2/41.9
----------------------------------------------------------------------------
PLD 384490.0 9028777.6 77.6 55 -70 310.10 108.80- 2.8m @
012 11.60m 0.5/5.4
188.50- 6.0m @
194.50m 0.5/2.0
----------------------------------------------------------------------------
PLD 384631.4 9028649.5 184.3 82 -65 201.00 110.40- 24.5m @
013 134.90m 1.3/5.9
incl.
117.80- 8.95m @
126.75m 2.3/11.8
----------------------------------------------------------------------------
PLD 384711.1 9028441.1 191.7 50 -65 159.00 74.60- 37.2m @
014 111.80m 2.5/14.2
incl.
90.70- 9.2m @
99.90m 4.1/24.0
----------------------------------------------------------------------------
PLD 384591.5 9028646.3 168.1 84.6 -70 341.50 No significant
015 result
----------------------------------------------------------------------------
PLD 384566.9 9028767.9 106.6 63 -70 157.90 91.90- 11.0m @
016 102.90m 2.17/8.6
incl.
93.50- 2.30m @
95.80m 4.00/14.5
and
98.50- 0.7m @
99.20m 4.50 /4.0
----------------------------------------------------------------------------
PLD 384709.1 9028440.0 191.6 15 -65 195.35 132.40- 6.0m @
017 138.40m 2.2/13.1
incl.
132.40- 1.30m @
133.70m 4.9/11
----------------------------------------------------------------------------
PLD 384388.5 9029050.0 69.9 65 -47 162.90 79.30- 0.70m @
018 80.00m 2.4/2.7
----------------------------------------------------------------------------
PLD 384663.3 9028360.5 221.6 70 -46 228.10 147.10- 5.2m @
019 152.30m 4.1/10.3
incl.
147.70- 0.75m @
148.45m 14.0/43.7
and
151.75- 0.55m @
152.30m 14.5/5.2
160.80- 13.95m @
174.75m 2.7/19.4
incl.
160.80- 2.4m @
163.20m 7.1/34.8
and
173.75- 1.0m @
174.75m 4.7/40.9
----------------------------------------------------------------------------
PLD 384309.8 9028698.1 183.9 215 -50 187.00 66.95- 1.05m @
020 68.00m 1.3/1.5
78.65- 1.7m @
80.35m 2.5/0.8
110.05- 0.95m @
111.00m 1.4/3.3
----------------------------------------------------------------------------
PLD 384640.2 9028566.2 171.1 65 -70 296.70 No significant
021 result
----------------------------------------------------------------------------
PLD 384783.9 9028193.0 269.9 80 -55 182.20 101.80- 15.8m @
022 117.60m 3.6/19.7
incl.
111.40- 5.6m @
117.00m 7.0/12.6
incl.
115.60- 1.4m @
117.00m 18.2/10.9
----------------------------------------------------------------------------
PLD 384245.7 9028742.7 183.1 210 -50 164.25 No significant
023 result
----------------------------------------------------------------------------
PLD 384663.3 9028360.5 221.6 65 -67 280.45 223.85- 1.95m @
024 225.80m 3.3
(i)
----------------------------------------------------------------------------
PLD 384783.1 9028193.0 271.1 44 -65 214.35 145.55- 15m @
025 160.55m 1.0
(i) 165.30- 10.05m @
175.35m 1.1
189.80- 1.3m @
191.10m 4.1
----------------------------------------------------------------------------
PLD 384374.6 9029164.6 44.2 65 -55 77.60 Abandoned due to
026 water
----------------------------------------------------------------------------
PLD 384120.8 9028807.5 190.2 210 -50 247.25 167.20- 26.2m @
027 193.40m 4.2
(i) incl.
67.20- 1.3m @
168.50m 30.1
incl.
189.15- 3.45m @
192.60m 12.3
----------------------------------------------------------------------------
PLD 384375.2 9028828.0 121.1 70 -61 334.20 251.05- 1.35m @
028 252.40m 1.0/6.2
----------------------------------------------------------------------------
PLD 384313.1 9029257.0 53.3 65 -50 154.15 No significant
029 result
----------------------------------------------------------------------------
PLD 384158.7 9029448.0 32.4 65 -50 154.20 No significant
030 result
----------------------------------------------------------------------------
PLD 384728.4 9028268.0 266.1 70 -50 213.15 154.70- 3.90m @
031 158.60m 3.9
(i) incl.
156.40- 0.85m @
157.25m 11.5
----------------------------------------------------------------------------
PLD 384809.5 9028103.0 267.3 65 -45 191.40 87.20- 13.15m @
032 100.35m 1.4
(i) incl.
97.05- 3.30m @
100.35m 2.3
----------------------------------------------------------------------------
PLD 384003.4 9028878.0 219.0 210 -50 187.95 114.95- 0.65m @
033 115.6m 1.04
(i)
----------------------------------------------------------------------------
PLD 383794.0 9029010.4 230.1 210 -50 100.00
034
----------------------------------------------------------------------------
PLD 383897.1 9028942.8 228.1 210 -50 15.20
036
----------------------------------------------------------------------------
PLD 384809.5 9028103.0 267.3 65 -75 39.45
037
----------------------------------------------------------------------------
PLD 384728.4 9028268.0 266.1 70 -70 11.75
038
----------------------------------------------------------------------------
Total Drilled Length 7,014.50
------------------------------------------------------
(i) Silver results pending.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as such term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Southern Arc Minerals Inc. Rhylin Bailie Vice
President, Communications & Investor Relations 604-676-5241
info@southernarcminerals.com www.southernarcminerals.com
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