Pacific Wildcat intensifies drilling in Indonesia

At the Sulut gold prospect in Sulawesi, Indonesia, Pacific Wildcat Resources (PAW-V) has received promising results from the first stage of drilling.

Hole 126 returned 40 metres grading an average of 7.95 grams gold, including 2 metres grading 46.5 grams and 2 metres of 75.5 grams.

By late August, the company had drilled 18 holes in a program spanning 1,798 metres. Five of the holes tested the Doup South prospect, while the remainder tested the Benteng prospect. Other results are as follows:

* hole 117 intersected 2 metres grading 3.43 grams gold, 6 metres of 3.86 grams and 20 metres of 4.81 grams;

* hole 118 intersected 56 metres grading 1.56 grams (including 12 metres of 3.35 grams), 49 metres of 1.76 grams and 10 metres of 2.07 grams; * hole 119 intersected 6 metres grading 8.65 grams gold, 2 metres of 14.4 grams, 9 metres of 5.18 grams and 13 metres of 3.04 grams;

* hole 121 intersected 12 metres grading 3.84 grams, 14 metres of 3.37 grams and 2 metres of 2.29 grams;

* hole 122 intersected 14 metres of 1.26 grams, 44 metres of 1.65 grams and 22 metres of 1.26 grams.

The Benteng prospect is on the contact between sediments and an intrusive diorite-andesitic porphyry, which Pacific Wildcat believes forms part of the same intrusive complex that hosts mineralization on the Doup prospect.

Benteng gold mineralization occurs near surface and is composed of two or more narrow, distinct loads diverging updip and along strike to the west.

These coalesce and widen at depth and along strike to the east.

The junior is currently conducting shallow drilling on Benteng and three other prospects: Doup, Parabo and Tungau. As of late August, 76 holes had been drilled for a total of 5,180 metres. The maximum depth of the holes is 80 metres, and assays are pending.

Meanwhile, on the Jambi project, Pacific has intensified its exploration effort by embarking on a geophysical survey over the steep, mountainous terrain.

Mapping, trenching and sampling of gold prospects are under way, and shallow diamond drilling will begin in mid-October. The program is expected to last six months.