PSAB:JK

212

+0.00 (+0.00%)

GOLD

1,293.80

+10.90 (+0.85%)

Pani [Gorontalo, Sulawesi]

Pani is a multiple dome-related, epithermal low-sulphidation gold system, that potentially represents could be a world class resource opportunity. Existing resources of 0.38Moz at Ilota-Nanasi. Five more targets identified from previous and recent fieldwork with drilling (414m @1.76g/t Au).

 

Total exploration targets of 4.0Moz to 4.5Moz from a 7 combined mineralized systems exist. Each target is comparable in size to Ilota-Nanasi ~400Koz; on the basis of compelling and integrated geology, geochemistry, geophysics and drilling. First pilot (gravity feed) production expected in 2017.

 

 

 

 

 

 


 

 

Doup [North Sulawesi]

Doup is considered a carbonate (or calcareous shale) hosted strata-bound epithermal replacement deposit. Its geological setting is a challenge. Existing gold resources of 1.8Moz make the deposit a very attractive inventory but it is not a simple mine to bring into development.

 

The complex metallurgical system hosts a weak Au-Cu porphyry signature with an ISE (Au-Ag-Te) overprint at Panang while Benteng mineralization is more Au-Ag-Te with As-Zn in a carbonate setting. Potential to add resources occur at North Benteng, the Link Zone and at SE Panang while satellites exist at South Benteng and Tungow. Generative work on district targets is ongoing and there is much discussion about a porphyry core.