Sep 7 2013
Barisan Gold Corporation is pleased to announce that drilling has resumed at its Upper Tengkereng prospect, located in the Province of Aceh, Indonesia. On September 5, 2013, hole UTD-003 was initiated under the supervision of PT. Indodrill Indonesia. UTD-003 is being planned with an azimuth of 329 degrees with an inclination of 75 degrees.
A map of UTD-003 is available on Barisan Gold's website at www.barisangold.com/barisanporphyry/uppertengkereng.
Hole UTD-003 is targeting the high grade zone intercepted at the bottom of hole UTD-002 (691 meters at 0.4 g/t gold + 0.3% copper) where an interval of 59 meters grading 1.21 g/t gold + 0.48% copper was intercepted at the end of the hole, including a higher grade interval of 28 meters grading 1.82 g/t gold + 0.55% copper (2.7 g/t gold equivalent or 1.7% copper equivalent at current market prices). Unfortunately UTD-002 was stopped due to drilling equipment failure at a depth of 697 meters while in that high grade zone. UTD-003 will attempt to test the width and depth of the high grade zone by targeting a steeper deeper hole than UTD-002. The current drill rig on site has the capacity to go as deep as 1,750 meters should the high grade zone continue at that depth.
Based on previous holes, we expect hole UTD-003, at a planned depth of 1,400 meters, to take 8-10 weeks to complete. Assaying should take a further 2-3 weeks to complete, after which results from the hole will be published. Barisan Gold will consider partial assaying depending on visual interpretation of the core.
A revamped investor presentation has been uploaded on the Company's website.
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.
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FOR FURTHER INFORMATION, visit the Company's website at www.barisangold.com, or contact:
Alex Granger, Chief Executive Officer Vancouver T: +1 604 684 8676 E: [email protected]