A drill program by International Dunlap Minerals (IDZ-V) is testing volcanogenic massive sulphide (VMS) prospects identified during the junior company’s 1997 exploration program on Indonesia’s Flores Island.
Each of the four low-sulphidation VMS prospects found last year is underlain by clay alteration surrounding extensive areas of hydrothermal breccia with pervasive silicification in quartz stockwork veinlets.
Early this year, Dunlap tested the prospects with 19 holes totalling 1,500 metres. Results are now in hand for the first four of seven holes drilled to test the Wae Dara prospect. The best results were from hole 2, which returned 18 metres grading 0.2 gram gold per tonne, plus 1.75% copper and 0.23% zinc, starting at surface. This intersection includes a 7.5-metre interval grading 0.33 gram gold, 3.62% copper and 0.38% zinc and a 4-metre interval of 0.33 gram gold, 5.27% copper and 0.3% zinc.
Hole 1 returned 4.3 metres (starting at 27.2 metres) grading 0.02 gram gold and 0.26% copper. Several 2-metre intervals from this hole hit low gold values (0.17 gram and under) and copper values ranging from 0.01% up to 0.85%. Hole 3 returned a pair of 2-metre intersections with copper and zinc concentrations below 1%, whereas hole 4 hit 16 metres of 0.4% copper, 2 metres of 0.88% copper and 2 metres of 0.99% copper.
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