Bulk sampling bonanza at Batato (May 07, 2004)

Bulk sampling of the Tarale 1000 and Tarale 11 structures on Sur American Gold’s (SUR-V) Comval gold project, is returning higher grades with distance from surface. The latest sampling brings to five, the number of "bonanza grade" veins on the Batato property which is part of the company’s Comval project on the island of Mindanao in the Philippines.

The Tarale 1000 vein, discovered two months ago, is a 1.1 metre wide structure that exhibits higher grades as the development tunnel progresses along the vein. For example, from 0 to 13 metres, a 750 kg sample grades an average of 0.5 to 16.2 grams gold per tonne. At 15 metres into the tunnel, a 750 kg sample grades 102.7 grams gold and at 17 metres another 750 kg sample grades 263 grams gold.

The latest development along the Tarale 11 vein has advanced the face a distance of 17 metres from the portal where the vein has held its one metre width. Bulk sample results from 750 kg samples collected at 1 metre intervals include up to 424.3 grams gold per tonne at 9 metres from the portal.

Exploration over the last year has turned up over 60 individual vein systems. At the Batoto gold porphyry deposit in the southern sector of the project, there are long intervals of gold mineralization averaging between 0.5 and 1.5 grams gold within quartz microveinlets between major veins.

Previous bonanza gold results include Tarale 7 with up to 784 grams, Ugpo with up to 118 grams and Tarale 56 with up to 165 grams gold per tonne.

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