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Last updated May 10, 2016
Created May 10, 2016
Format PDF
License CC-BY-4.0
Name Press Release: Indochine Drilling Intersects Gold Mineralisation in Cambodia
Description

This press release showed feasibility study of prospective sites in Kratie and Rattanakiri provinces with its sample studies and scientific data supporting their claim. Indochine Mining Limited had granted big proportion of gold and copper lease in the Kingdom exceeding 4,000 Km2. The company had intersected gold mineralisation across a wide interval from the first hole of a drilling program at its 100%‐owned Kratie North project, Cambodia. Three sampling had been studied about gold and the company also completed its maiden 16-hole drilling program in total of 2,216 meters of diamond drill core over three main targets at Kratie North.

Besides, pyrite and pyrrhotite mineralisation were intersected in the first hole and in five other holes over a lateral distance of 400 meters over the main target, identified by a geophysical (IP) and gold‐in‐soil geochemical anomaly. Importantly, other two targets nearby were also tested with ten drill holes positioned along a geophysical trends associated with gold‐bearing quartz veins at surface. The Indications from drill core were favorable result of drilling program. Indications resulted from re-testing of large stream of sediment sampling promgram in Ratanakiri province, a northern province of Cambodia, would qualified the exploration program over the best gold and copper targets. Even though the region is well-known for world-class gold and copper deposit in Cambodia, the resource remained untouched because of lack of modern equipment and technology to explore and extract those resources.

Resource's languages
  • English