Central Asia hits gold in Kazakhstan

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THE DRILL SERGEANT: Gold exploration and development play Central Asia Resources has received results of intersected gold mineralisation obtained during a diamond drilling campaign at the company’s Bizhe prospect in Kazakhstan.

Highlights of the drilling included:

–    7.4 metres at 4.80 grams per tonne gold, including 5.4 metres at 6.31 grams per tonne gold;

–    1.1m at 7.73g/t gold and 1.5m at 1.23g/t  gold; and

–    4m at 2.67g/t gold, including 2.0m at 4.67g/t gold.

Central Asia said mineralisation remains open at depth and along strike and the company has further drilling program scheduled for later in the year.

The company said it considers Bizhe has potential to provide feed and extend mine life at its Dalabai gold project.

 

Summary of Mineral Resource Estimates Reported according to JORC Category and Deposit. Source: Company announcement

“This was the company’s first drill program at its Bizhe prospect and was designed to confirm the encouraging results we had from earlier work” Central Asia Resources managing director Angela Pankhurst said in the company’s announcement to the Australian Securities Exchange.

The program comprised of 10 widely-spaced drill holes for more than 1,000m.

Central Asia had previously identified the surface trace of the main Bizhe ore zone, comprising pockets and lenses of high grade gold values that are in places up to 5m across, having carried out trenching and chip sampling techniques on the prospect.

These prior trenching results typically displayed gold assay values around 2.0g/t, and included:

–    9.0m at 5.23 g/t gold;

–    3.0m at 14.29 g/t gold;

–    6.0m at 2.74 g/t gold; and

–    4.0m at 3.76 g/t gold.

“These (latest drilling) results are very positive and confirm the presence of a number of intermittent gold values within a semi-continuous ore body,” Pankhurst said.

“They will be used to plan phased drilling program to substantiate a coherent body of ore that is sufficiently defined for mine-planning purposes.

“Bizhe is being appraised for its potential to be a feed source for Central Asia’s gold processing facility at Dalabai, less than 20 kilometres away, which is expected to start commissioning within days.”