Bre-X drilling in Indonesia

Diamond drilling has begun on two advanced properties in Indonesia, Bre-X Minerals (ASE) reports.

At the Busang prospect, in East Kalimantan on the island of Borneo, a 1,000-metre program is under way. The work is intended to delineate further an open-pitable resource estimated at 20 million tonnes and grading about 2 grams gold per tonne.

Meanwhile, a 2,000-metre program has begun on the Taware prospect, on the island of Sulawesi in the Malay Archipelago. The goal here is to outline a probable reserve of 80 million tonnes at about 0.5% copper and 0.75 grams gold.

In other news, Bre-X has acquired three additional claims at the Sable prospect in central Sumatra, increasing its holdings to 50,000 hectares. Mapping and channel-sampling are under way to evaluate potential for epithermal gold mineralization.