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Home arrow Current News arrow News Archive arrow January 2008 arrow KYRGYZ REPUBLIC - Modeling begins at Savoyardy
KYRGYZ REPUBLIC - Modeling begins at Savoyardy E-mail

Further diamond drilling results from Kentor Gold"s Savoyardy Gold Project in the Kyrgyz Republic confirm the potential of Soviet results obtained in the 1970s.

The assay results have enabled Kentor to begin forming a detailed geological model of the prospect which is showing the gold to be contained in a number of discreet near vertical high grade structures. These are showing continuity along strike and good mining widths.

Kentor managing director Simon Milroy says the results have also confirmed that the grade of the ore body is continuing to improve with depth. The ore body remains open both along strike and down dip.

On site the company is rehabilitating the existing adits and will then work on an additional 100m of development to provide cuddies for diamond drilling from underground.

Simon Milroy says: 'Underground drilling on Savoyardy has a number of advantages over drilling from surface including better access, shorter hole lengths, cheaper drilling costs and importantly it gets us out of the weather which will mean that we will not need to halt operations in the winter months.

'The new drill cuddies are midway between the gold and antimony drives. This will mean that the structure containing high grade antimony can also be tested by diamond drilling from the same locations.

'We are also planning to resume diamond drilling from the surface in May to test additional targets along strike towards the Chinese border.

'The results to date justify an acceleration of exploration at Savoyardy. We are planning a total of 4500 metres of drilling at Savoyardy in 2008.'

The company has also started diamond drilling at the Akbel Gold Project. Simon Milroy says: 'We plan to drill four 250m deep diamond drill holes targeting Induced Polarisation (IP) anomalies located near the lease boundary with the Kumtor mine. The gold at Kumtor is hosted in carbonaceous shales which respond well to IP. Kumtor is a 12 million ounce gold ore body and the planned drill program is directly along strike and located in the same formation.

www.kentorgold.com.au

 
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