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  • Kentor Gold Finds High Grade Gold From Kyrgyz Republic Project 0 comments
    Dec 5, 2012 1:42 AM

    Kentor Gold (ASX: KGL) has completed its 2012 exploration program at the Bashkol Gold-Copper Project in the Kyrgyz Republic which has confirmed extensive high grade gold mineralisation within the project area.

    The company completed channel sampling traverses across the width of the Northern and Central mineralised zones at the Bekbulaktor Gold-Copper Prospect to assist in planning of drilling.

    Importantly, infill channel sampling at Bekbulaktor yielded results consistent with earlier work.

    The success of the program has led to planning for a 2013 drilling campaign at the prospect.

    The reconnaissance program led to the identification of three areas for further work next year.

    At Molo, channel sampling of widespread complex sulphide mineralisation associated with quartz over a strike length of 2 kilometres on the southern side of the Nikolaev suture line yielded gold assays of up to 10 grams per tonne (g/t).

    This is consistent with first-pass prospecting results from 2011.

    At Molo-Bekbulator, channel sampling of widespread quartz veins and veinlets over a strike length of 3 kilometres on the southern side of the Nikolaev suture line yielded gold assays of up to 27g/t.

    This is also consistent with first-pass prospecting results from 2011.

    Finally at Sharkratma-Molo, disseminated gold-copper-molybdenum mineralisation was identified over an area of 4 square kilometres on the northern side of the Nikolaev suture line.

    This is an entirely new prospect.

    Simon Milroy, managing director, said: "Although we had a delayed start to work at Bekbulaktor this year, the results obtained give us a firm foundation for a very productive program in 2013."

    A line of stream sediment anomalies running almost continuously for 7 kilometres from Bekbulaktor to the Kuylyu River will be followed up in a later program.

    Bashkol

    The Bashkol Project is in the northeast of the Kyrgyz Republic in the Tien Shan Gold Belt adjacent to a suture line which separates two tectonic units - the Northern Tien Shan and the Middle Tien Shan.

    This is a similar structural position to the Kumtor deposit which sits adjacent to the same suture line (the Nikolaev Line) some 75 kilometres along strike to the southwest.

    The Kumtor Gold Mine, operated by the Canada-listed Centerra, began operation in 1997 and produces around 600,000 ounces of gold per year.

    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.

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