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Augur Resources identifies bulk copper and gold at Wonogiri in Central Java
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Monday, 19 Dec 2011
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Augur Resources has intersected broad zones of gold and copper mineralization at the Wonogiri Project in Central Java.

The latest results from drilling at Wonogiri include bulk gold and copper intercepts from one hole, including
1. 132 metres at 0.75 grams per tonne gold and 0.17% copper from 45.5 metres
2. 52 metres at 0.31g/t gold and 0.11% copper from 221 metres.

This hole was drilled to test for the continuation of mineralization below a previous intercept of 182 metres at 0.75g/t gold and 0.17% copper.

Results from this hole indicate the presence of large gold copper mineralized porphyry.

In addition, another hole from the current drilling program intercepted smaller zones of higher grade gold:
1. 4.5 metres at 1.05g/t gold from 43 metres including 0.5 metres at 7.93g/t gold
2. metre at 4.99g/t gold from 62 metres
3. 1 metre at 4.16g/t gold from 119 metres

The higher grade mineralisation is related to epithermal veins, and may indicate a buried mineralized system.

Augur believes extensive alteration could be indicative of a deeper mineralized source which has yet to be drill tested.

Four drill rigs are working within the Wonogiri Project, with two defining the extent of mineralization at the Randu Kuning porphyry and two targeting regional geochemical and geophysical targets.

The Wonogiri Project is located in the Sunda-Banda arc and covers an area of 3,928 hectares.

(Sourced from www.proactiveinvestors.com.au)



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