Highlands Pacific reconfirms mineralisation at Star Mountains

THE DRILL SERGEANT: Highlands Pacific (ASX: HIG), along with its joint venture partner Anglo American, has received assay results from two additional drill holes completed at the Star Mountains tenements in the Western Province of Papua New Guinea.

Highlands Pacific claims the results reconfirm copper/gold mineralisation at the tenement’s Olgal and Kum Kom prospects.

The JV has completed eight diamond drill holes in its current campaign for a total of approximately 3400 metres.

Assays from the first four holes were released in September, now four additional holes have since been completed, with one further hole planned for this year to test extensions of the mineralised zone.

The latest assays to be received from Star Mountains include the following intercepts at 0.2% cut-off:

At the Olgal prospect:

018OLG15
260 metres at 0.31 per cent copper and 0.19 grams per tonne gold, including 10.9m at 0.6 per cent copper and 0.34g/t gold from 314m downhole.

At the Kum Kom prospect:

004KUM15
13m at 1.3 per cent copper and 0.5 g/t gold from 107m downhole;

26.5m at 0.89 per cent copper and 1.4g/t gold from 282m downhole; and

30m at 1 per cent copper and 0.23g/t gold from 515m downhole.

“The drilling has provided a steady stream of information assisting in the understanding of the geology of the Star Mountains prospect,” Highlands Pacific managing director John Gooding said in the company’s announcement to the Australian Securities Exchange.

“The assays received to date have reconfirmed the presence of an extensive low grade copper-gold porphyry zone at Olgal as well as skarn mineralisation at Kum Kom.

“Based on the information received through this campaign, and the results of a ZTEM survey to be flown over the entire prospect in the coming weeks, we intend to commence field sampling and mapping to identify new targets for drilling in the second half of next year.”

Website: www.highlandspacific.com