Click here to close now.

Welcome!

Apache Authors: Don MacVittie, AppDynamics Blog, Pat Romanski, Liz McMillan, Elizabeth White

News Feed Item

Barisan Gold Provides Exploration Update at Upper Tengkereng Prospect

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/05/14 -- Barisan Gold Corporation (TSX VENTURE: BG) is pleased to provide an update on its exploration activities at its Upper Tengkereng gold-copper porphyry discovery, located in the Province of Aceh, Indonesia.

Activities at Upper Tengkereng are at an all time high with two deep (1,750-metre) drill rigs operating 24 hours per day. Below is a summary of results at the recently completed UTD-006 hole, as well as summary of operations at the active UTD-007 and UTD-008 holes.

Hole UTD-006

Final assays for hole UTD-006 have been received from the laboratory. From 4 to 990 metres, UTD-006 returned 986 metres of 0.5 g/t gold + 0.3% copper (0.6% copper equivalent at current market prices), including 272 metres of 0.6 g/t gold + 0.6% copper (1.0% copper equivalent at current market prices) within 594 metres of 0.6 g/t gold + 0.4% copper (0.8% copper equivalent at current market prices). On a whole, UTD-006 is the highest-grade hole drilled so far at Upper Tengkereng.

Upon further review of the core, UTD-006 intersected two distinct but continuous mineralized zones from 142 to 736 metres that returned significant mineralization.

From 142 to 362 metres, UTD-006 intersected a high-grade covellite rich silica-pyrophyllite-alunite zone, which returned a 220 metre intercept grading 0.6 g/t gold + 0.6% copper (1.0% copper equivalent at current market prices). This covellite rich zone was first intersected in UTD-002 where, from 226 to 340 metres, a 114 metre intercept returned 0.3 g/t gold + 0.7% copper (0.9% copper equivalent at current market prices). The covellite rich zone appears to sit close to surface and has returned the highest-grade copper assays so far intersected at Upper Tengkereng. It appears to be around 200+ metres in thickness and remains open in all directions. UTD-008, currently being drilled, continues to test this zone.

From 362 to 736 metres, UTD-006 intersected a high grade chalcocite-chalcopyrite rich zone, which returned a 374 metre intercept grading 0.6 g/t gold + 0.3% copper (0.7% copper equivalent at current market prices), including a 76 metre intercept grading 0.8 g/t gold + 0.3% copper (0.9% copper equivalent at current market prices) from 634 to 710 metres. This chalcocite-chalcopyrite rich zone was first intersected in UTD-004 where, from 656 to 906 metres, UTD-004 intersected 250 metres grading 0.6 g/t gold + 0.4% copper (0.7% copper equivalent at current market prices), including 160 metres grading 0.7 g/t gold + 0.4% copper (0.9% copper equivalent at current market prices). This high-grade zone appears to sit immediately underneath the rich covellite zone, starts at approximately 350 metres in depth, is at least 500 metres in thickness and remains open in all directions and at depth. UTD-008 is also testing the extent of this zone below the covellite rich zone.

Following the results of UTD-006, Barisan Gold has now identified three distinct high-grade zones at Upper Tengkereng, all of which are open in all directions and at depth. Drilling over the next few months will look to expand these high-grade zones, delineate them in more details and target the potential for additional high-grade zones. An updated investor presentation can be found on the Barisan Gold website, where a number of tables and maps show the location and grade distribution of all three high-grade zones.

Hole UTD-007

Drilling at hole UTD-007 began on May 7, 2014. UTD-007 is being drilled with an azimuth of 220 degrees and an inclination of 87 degrees from a new drill platform that has been built on the north side of the highway. The objectives of UTD-007 are to test the vertical true depth and length of the high-grade zone discovered on the eastern edge of the deposit in holes UTD-002, UTD-003 & UTD-005. Due to topographical challenges, the new drill platform could not be built immediately above the high-grade zone but is located 22 metres to northwest of the high-grade zone.

As of June 3, 2014, drilling at UTD-007 had reached 486 metres. Drilling has been slower than anticipated due to the unusually high rainfall experienced at site during most of the month of May. Since May 24, 2014, the rain has subsided and drilling is now progressing at a normal rate.

From surface until approximately 162 metres in length, UTD-007 intersected strong argillic-advanced argillic hydrothermal breccia mineralization. All four holes (UTD-003/004/005/006) drilled from that part of the deposit have intersected this mineralization in the first 100-200 metres from surface. This zone has returned material gold and copper assays in all previous four holes.

From 162 to 310 metres in length, UTD-007 intersected limestone sulfidic breccia mineralization. UTD-007 is being drilling from the eastern edge of the deposit adjacent to the limestone surface contact zone. Indications are that the limestone contact zone slightly curves into the porphyry deposit on the eastern edge at a depth of 150-300 metres. The limestone intersected contains gold and copper mineralization.

From approximately 326 metres until the present position, UTD-007 has intersected strong argillic altered feldspar porphyry intercut by hornblende feldspar porphyry mineralization as it entered the core of the deposit. Mineralization intersected in this section is akin to that in the high-grade zone intersected in holes UTD-002/003/005. Should this prove correct, UTD-007 would have extended the high-grade zone by another 100 metres closer to surface.

Hole UTD-007 is being planned to a maximum depth of 1,500 metres or until UTD-007 exits the high grade zone vertically or horizontally.

Hole UTD-008

Drilling at hole UTD-008 began on May 23, 2014. The hole is being drilled with an azimuth of 235 degrees and an inclination of 80 degrees from the same drill platform where holes UTD-005/006 were drilled. Barisan Gold had initially planned to drill UTD-008 from a new drill platform built in the south of the deposit area, however heavy rainfall during the month of May has rendered such a plan impossible due to the potential for landslides. That proposed hole will now be drilled later this year during the dry season.

Hole UTD-008 is being drilled such to scissor cut hole UTD-002. The objectives of UTD-008 are to (1) test the extension of the covellite rich zone intersected in UTD-002/006 and (2) test the extension of the chalcocite-chalcopyrite rich zone intersected in UTD-004/006.

As of June 3, 2014, drilling at UTD-008 had reached 462 metres. Drilling has been faster than anticipated, averaging over 40 metres per day.

From surface until approximately 62 metres in length, UTD-008 intersected strong argillic-advanced argillic hydrothermal breccia mineralization. Hole UTD-006 intersected this mineralization in the first 75 metres from surface and returned material gold and copper assays.

From approximately 62 metres until the present position, UTD-008 has intersected strong advanced argillic altered covellite rich silica-pyrophyllite-alunite porphyry mineralization. Mineralization intersected in this section is akin to that in the high-grade zone intersected in holes UTD-002/006. Should this prove correct, UTD-008 would have extended the high-grade zone by another 100 metres closer to surface and by 100 metres further at depth.

Hole UTD-008 is being planned to a maximum depth of 1,500 metres or until UTD-008 exits the high-grade chalcocite-chalcopyrite rich zone vertically or horizontally.

Barisan Gold retained the laboratory services of PT Intertek Utama Services of Jakarta, Indonesia, which, in the case of UTD-006, employed the fire assay method (FA50) on gold samples and for other precious and base metal analyses, ICP with multi acid digestion.

Dibiansyah Hamid, MAIG, the designated QP within the meaning of NI 43-101, has reviewed and approved the content of this release.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To receive or stop receiving BG news via email, please email [email protected] and state your preference in the subject line.

About Barisan Gold Corporation

Barisan Gold (TSX VENTURE: BG) is a Canadian-based minerals exploration company listed on the TSX Venture Exchange under the symbol "BG". The Company is engaged in the exploration, acquisition and development of mineral properties in Indonesia. Barisan Gold currently owns and operates two gold and gold-copper properties in Indonesia's Aceh Province on the northern tip of Sumatra Island, namely the Barisan gold-copper porphyry belt and the Abong epithermal gold project. Barisan Gold currently has 40,721,186 shares outstanding.

Caution Regarding Forward Looking Statements

Certain statements in this News Release, which are not historical in nature, constitute "forward looking statements" within the meaning of that phrase under applicable Canadian securities law. These statements include, but are not limited to, statements or information concerning future work programs at the Company's Upper Tengkereng Porphyry prospect, results and timing of any work programs, the Company's performance or events as of the date hereof. These statements reflect management's current assumptions and expectations and by their nature are subject to certain underlying assumptions, known and unknown risks and uncertainties and other factors which may cause actual results, performance or events to be materially different from those expressed or implied by such forward looking statements. Those risks include the interpretation of drill results; the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results will not be consistent with our expectations; commodity and currency price fluctuation; failure to obtain adequate financing; regulatory, recovery rates, refinery costs, and other relevant conversion factors, permitting and licensing risks; and general market and mining exploration risks. Forward-looking statements should not be construed as investment advice. Readers should perform a detailed, independent investigation and analysis of the Company and are encouraged to seek independent professional advice before making any investment decision. Accordingly, readers should not place undue reliance on any forward-looking statement. Except as required by applicable securities laws, the Company disclaims any obligation to update or revise any forward looking statements to reflect events or changes in circumstances that occur after the date hereof.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
The 4th International Internet of @ThingsExpo, co-located with the 17th International Cloud Expo - to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA - announces that its Call for Papers is open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal today!
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Architect for the Internet of Things and Intelligent Systems, described how to revolutionize your archit...
The 5th International DevOps Summit, co-located with 17th International Cloud Expo – being held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Among the proven benefits, DevOps is corr...
SYS-CON Events announced today that Secure Infrastructure & Services will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Secure Infrastructure & Services (SIAS) is a managed services provider of cloud computing solutions for the IBM Power Systems market. The company helps mid-market firms built on IBM hardware platforms to deploy new levels of reliable and cost-effective computing and high availability solutions, leveraging the cloud and the benefits of Infrastructure-as-a-Service (IaaS...
To many people, IoT is a buzzword whose value is not understood. Many people think IoT is all about wearables and home automation. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed some incredible game-changing use cases and how they are transforming industries like agriculture, manufacturing, health care, and smart cities. He will discuss cool technologies like smart dust, robotics, smart labels, and much more. Prepare to be blown away with a glimpse of the future.
SYS-CON Events announced today that ProfitBricks, the provider of painless cloud infrastructure, will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. ProfitBricks is the IaaS provider that offers a painless cloud experience for all IT users, with no learning curve. ProfitBricks boasts flexible cloud servers and networking, an integrated Data Center Designer tool for visual control over the cloud and the best price/performance value available. ProfitBricks was named one of the coolest Clo...
Internet of Things is moving from being a hype to a reality. Experts estimate that internet connected cars will grow to 152 million, while over 100 million internet connected wireless light bulbs and lamps will be operational by 2020. These and many other intriguing statistics highlight the importance of Internet powered devices and how market penetration is going to multiply many times over in the next few years.
17th Cloud Expo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises are using some form of XaaS – software, platform, and infrastructure as a service.
The basic integration architecture, as defined by ESBs, hasn’t changed for more than a decade. Most cloud integration providers still rely on an ESB architecture and their proprietary connectors. As a result, enterprise integration projects suffer from constraints of availability and reliability of these connectors that are not re-usable across other integration vendors. However, the rapid adoption of APIs and almost ubiquitous availability of APIs amongst most SaaS and Cloud applications are rapidly redefining traditional integration approaches and their reliance on proprietary connectors. ...
SYS-CON Events announced today that Dyn, the worldwide leader in Internet Performance, will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Dyn is a cloud-based Internet Performance company. Dyn helps companies monitor, control, and optimize online infrastructure for an exceptional end-user experience. Through a world-class network and unrivaled, objective intelligence into Internet conditions, Dyn ensures traffic gets delivered faster, safer, and more reliably than ever.
"We have a tagline - "Power in the API Economy." What that means is everything that is built in applications and connected applications is done through APIs," explained Roberto Medrano, Executive Vice President at Akana, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
WebRTC converts the entire network into a ubiquitous communications cloud thereby connecting anytime, anywhere through any point. In his session at WebRTC Summit,, Mark Castleman, EIR at Bell Labs and Head of Future X Labs, will discuss how the transformational nature of communications is achieved through the democratizing force of WebRTC. WebRTC is doing for voice what HTML did for web content.
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi’s VP Business Development and Engineering, will explore the IoT cloud-based platform technologies driving this change including privacy controls, data transparency and integration of real time context wi...
Buzzword alert: Microservices and IoT at a DevOps conference? What could possibly go wrong? In this Power Panel at DevOps Summit, moderated by Jason Bloomberg, the leading expert on architecting agility for the enterprise and president of Intellyx, panelists peeled away the buzz and discuss the important architectural principles behind implementing IoT solutions for the enterprise. As remote IoT devices and sensors become increasingly intelligent, they become part of our distributed cloud environment, and we must architect and code accordingly. At the very least, you'll have no problem fillin...
The Internet of Things is not only adding billions of sensors and billions of terabytes to the Internet. It is also forcing a fundamental change in the way we envision Information Technology. For the first time, more data is being created by devices at the edge of the Internet rather than from centralized systems. What does this mean for today's IT professional? In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists addressed this very serious issue of profound change in the industry.
Internet of Things (IoT) will be a hybrid ecosystem of diverse devices and sensors collaborating with operational and enterprise systems to create the next big application. In their session at @ThingsExpo, Bramh Gupta, founder and CEO of robomq.io, and Fred Yatzeck, principal architect leading product development at robomq.io, discussed how choosing the right middleware and integration strategy from the get-go will enable IoT solution developers to adapt and grow with the industry, while at the same time reduce Time to Market (TTM) by using plug and play capabilities offered by a robust IoT ...
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society-changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his session at @ThingsExpo, Jason Mondanaro, Director, Product Management at Metanga, discussed how you can plan to cooperate, partner, and form lasting all-star teams to change the world and it starts with business models and monetization strategies.
SYS-CON Events announced today that BMC will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. BMC delivers software solutions that help IT transform digital enterprises for the ultimate competitive business advantage. BMC has worked with thousands of leading companies to create and deliver powerful IT management services. From mainframe to cloud to mobile, BMC pairs high-speed digital innovation with robust IT industrialization – allowing customers to provide amazing user experiences with optimized IT per...
There will be 150 billion connected devices by 2020. New digital businesses have already disrupted value chains across every industry. APIs are at the center of the digital business. You need to understand what assets you have that can be exposed digitally, what their digital value chain is, and how to create an effective business model around that value chain to compete in this economy. No enterprise can be complacent and not engage in the digital economy. Learn how to be the disruptor and not the disruptee.