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Asian Gold reserves DB
Cikondang Gold Mine (Indonesia)
      paishanlou gold mine (china)
      gaolong gold mine (china)
      ..................
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  Page 288
 
اولينقبليبعديآخرين
   Several important features of the Cikondang deposit have been identified;
   1) Except where several drillholes are available on the same cross- section, the orebody was assumed to be vertical. This is often not the case and can lead to underestimation of thickness (and tonnage).
   2) Where recovery is low, the heaviest particles (ie the sulphides which contain the gold) are most likely to remain in the hole and the resulting grades of the sampled core will be lower.
   3) High grade mineralization extends to depths of at least 200m. The drill data suggests that the Jurasan No.1 Vein is a major mineralized structure that most probably continues depths well below 200m.
   4) High grade mineralization was intersected along a strike length of over 1000m and encountered at the extreme north and south of this zone (CDD 19 to the north and CDD 12 to the south). The Jurasan No.1 Vein, however, is known to extend 2,000m to both the north and south beyond these holes and the drilling indicates that the mineralization continues along strike.
  
    Proven and Probable reserves from an 850m section of the drilled area only, and to a depth of only 200m, are estimated to be in the order of 430,000 tonnes with an average grade of 13.4 g/t gold, with additional inferred reserves of 300,000 tonnes at 13.1 g/t gold. With poor core recoveries and higher average grades from underground sampling, the Company considers these reserve estimates to be conservative in both tonnage and most importantly, in grade. Only a small portion of the Jurasan No.1 Vein has been explored and the mineralized structure remains open along strike and at depth.
   The Company will begin an aggressive diamond drill program at Cikondang to expand reserves and confirm the higher grades indicated from the data review. This program will be aimed at acquiring enough technical data to complete a prefeasibility study by the end of 1997 and a full feasibility study by the end of 1998.
   The joint venture partners are confident that Cikondang will become a significant gold producer in West Java, which is already established as a major gold province in the region.
  
 
 
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