Regional drilling at Augur Resources’ Wonogiri project in Central Java has intersected high grade epithermal gold and silver mineralization. The program also identified two mineralized prospects, Jangglengan and Kepil, in close proximity to the main Randu Kuning deposit for follow-up drilling.

Jangglengan is about 1km south of Randu Kuning and previous exploration in this area by Augur identified an area of exposed clay-pyrite alteration associated with gold-silver enrichment within a hydrothermal breccia host rock. Rock chip samples collected from trenches returned up to 0.32 grams/tonne gold over 16 metres, including 8 metres @ 1.34 grams/tonne gold and 0.11% zinc.

The latest drilling intersected three shallow mineralized zones at Jangglengan. Best results are: 7.0 metres from 56 metres @ 0.82 grams/tonne gold and 3.5 grams/tonne silver, including 2.0 metres from 56 metres @ 2.08 grams/tonne gold and 10.2 grams/tonne silver; 3.0 metres from 70 metres @ 7.79 grams/tonne gold and 9.0 grams/tonne silver, including 1.0 metre @ 15.9 grams/tonne gold and 20.7 grams/tonne silver; 7.0 metres from 120.0 metres @ 2.64 grams/tonne gold and 1.7 grams/tonne silver, including a 1.0 metre assay from 122.0 metres @ 14.8 grams/tonne gold and 4.0 grams/tonne silver.

The Jangglengan mineralized zones occur within an interpreted diatreme breccia which is notable as diatreme complexes can host significant gold deposits.

The Kepil prospect, which is about 500 metres southwest of Randu Kuning, also returned shallow mineralization. One hole intersected significant copper mineralization, including 36 metres from 25 metres @ 0.28% copper. Another hole intersected a shallow 6 metre wide zone of 0.83 grams/tonne gold from 36 metres with several other lower grade intersections also noted.

The mineralized zones remain open along strike and at depth within each prospect. Additional drilling at both new zones is planned to test the continuity of the mineralization at depth and long strike.

The Wonogiri project is about 30km south of the provincial city of Solo and is easily accessible by daily flights from Jakarta and a short one hour drive by car on a sealed road. Meanwhile, Augur has completed the acquisition of an 80% interest in four highly prospective copper and gold tenements in North Sulawesi from MMG Exploration through the acquisition of shares in two MMG Singapore subsidiaries which own the PMA companies that hold the mineral tenements.

The four tenements are Toluludu, Biyonga, Tapadaa and Tahele, which are collectively referred to as the Gorontalo properties, and each contain zones of alteration and mineralization indicative of copper-gold porphyry and/or related epithermal-type gold and silver and skarn-type mineralization.

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