 |
**
Sangihe includes numerous epithermal and porphyry gold and copper prospects.
These prospects were initially discovered and explored in the 1980s. Binebase, with surface exposed oxide gold, and Bawone, with shallow to surface sulphide gold, are located 1.2 kilometres apart and are the most advanced of these prospects.
During 2008 EAS drilled 7,561 metres in 79 holes on the Bawone and Binebase gold zones. 90% of these holes contained significant gold intersections. This work will provide sufficient data to calculate an initial NI43-101 resource estimate during the first half of 2009.
The mineralization is still open along strike at both prospects. The intervening kilometre between the Binebase and Bawone gold zones lies beneath shallow post mineral tuff cover and has not been drill tested. The only window through the cover has a 2 metre trench sample with 2.9 g/t gold indicating the mineralized zone persists along strike and that the Binebase-Bawone deposits may be contiguous. Furthermore, results of a 2008 ground magnetic survey shows a close spatial association of gold-bearing sulphide mineralization with linear magnetic lows and highlights similar potential linear extensions to the northwest, as well as southwest and southeast of the known mineralization.
Limited 2008 sampling at the Sedi and Kupa Prospects seven kilometres south of Bawone have produced some spectacular gold results.The NNE-SSW striking Sedi vein system has been mapped over 600 metres and remains open in both directions. Zone One, with grab samples assaying 13.4, 15.0 and 42.6 g/t gold, and Zone Two, with 7.78, 11.2 and 16.0 g/t gold samples, occur as low sulphidation vein horsetails with gold controlled by structural dilations. Grab sampling southeast of Sedi at Kupa has encountered 122.0, 82.4 and 73.8 g/t gold results, verifying similar historic results.
EAS intends to resume drilling at all of the Sangihe prospects at a later date.
Bawone Drill Assays as of March 31, 2009
| Drill Hole |
From (m) |
To (m) |
Interval (m) |
Gold (g/t) |
Silver (g/t) |
Copper (%) |
| BOD-01 |
30 |
125 |
95 |
2.15 |
11 |
0.41 |
| Including |
31 |
81 |
50 |
3.32 |
17 |
0.69 |
| Including |
32 |
40 |
8 |
8.81 |
62 |
1.15 |
| BOD-02 |
59 |
70 |
11 |
0.93 |
14 |
0.61 |
| BOD-03 |
19 |
144 |
125 |
1.67 |
10 |
0.35 |
| Including |
21 |
44 |
23 |
2.06 |
11 |
0.38 |
| And |
59 |
103 |
44 |
2.29 |
16 |
0.5 |
| BOD-07 |
3.4 |
35 |
31.6 |
3.75 |
12.01 |
0.12 |
| Including |
3.4 |
25 |
21.6 |
5.02 |
13.45 |
0.08 |
| BOD-08 |
51 |
151 |
100 |
0.86 |
4.81 |
0.17 |
| Including |
112 |
151 |
39 |
1.29 |
8.66 |
0.2 |
| And |
149 |
151 |
2 |
3.26 |
49 |
0.02 |
| BOD-09 |
49 |
177 |
128 |
0.82 |
2.95 |
0.24 |
| Including |
49 |
107 |
58 |
1.3 |
5.76 |
0.36 |
| And |
50 |
64 |
14 |
2.41 |
11.72 |
0.62 |
| BOD-10 |
11 |
68 |
57 |
1.73 |
7.52 |
0.32 |
| Including |
11 |
47 |
36 |
2.5 |
11.49 |
0.47 |
| BOD-40 |
No significant Interval |
|
|
|
| BOD-42 |
20.5 |
123.65 |
103.15 |
1.81 |
4.47 |
0.2 |
| Including |
20.5 |
46 |
25.5 |
3.39 |
6.04 |
0.35 |
| BOD-47 |
0 |
122 |
122 |
0.47 |
4.47 |
0.23 |
| Including |
0 |
50 |
50 |
0.75 |
8.98 |
0.22 |
| BOD-50 |
65 |
95.8 |
30.88 |
1.97 |
10.15 |
0.56 |
| Including |
71 |
85.3 |
14.3 |
2.43 |
14.44 |
0.83 |
| BOD-77 |
42.25 |
135 |
92.75 |
0.82 |
4.66 |
0.15 |
| Including |
86 |
94 |
8 |
1.92 |
7.88 |
0.09 |
| AND |
159 |
186 |
27 |
0.45 |
3.08 |
0.06 |
Binebase drill assays as of March 31, 2009
(with gold equivalent)*
| Drill Hole |
From (m) |
To (m) |
Interval (m) |
Gold (g/t) |
Silver (g/t) |
Gold Equiv. (g/t)* |
| BID-11* |
0.00 |
45.00 |
45.00 |
1.28 |
50.51 |
2.18 |
| BID-12 |
4.00 |
46.35 |
42.35 |
1.34 |
107.54 |
3.26 |
| Including |
8.00 |
33.00 |
25.00 |
2.03 |
159.96 |
4.89 |
| BID-13 |
8.00 |
43.95 |
35.95 |
4.03 |
188.28 |
7.39 |
| Including |
9.00 |
31.00 |
22.00 |
5.74 |
121.64 |
7.91 |
| BID-14 |
0.00 |
96.20 |
96.20 |
1.30 |
48.25 |
2.16 |
| Including |
3.00 |
45.00 |
42.00 |
2.67 |
86.38 |
4.21 |
| BID-15* |
0.00 |
45.00 |
45.00 |
1.52 |
80.03 |
2.95 |
| Including |
12.35 |
28.50 |
16.15 |
2.12 |
90.16 |
3.73 |
| BID-16* |
0.00 |
29.90 |
29.90 |
2.72 |
6.74 |
2.84 |
| Including |
5.60 |
20.60 |
15.00 |
4.70 |
1.92 |
4.73 |
| Including |
10.30 |
16.60 |
6.30 |
8.84 |
1.16 |
8.86 |
| And |
76.00 |
184.00 |
108.00 |
0.36 |
7.75 |
0.50 |
| Including |
112.00 |
113.00 |
1.00 |
20.60 |
58.00 |
21.64 |
| BID-17* |
0.75 |
90.00 |
89.25 |
0.37 |
8.29 |
0.52 |
| Including |
0.75 |
36.00 |
35.25 |
0.68 |
16.41 |
0.97 |
| Including |
12.00 |
16.00 |
4.00 |
4.00 |
23.13 |
4.41 |
| And |
96.00 |
127.00 |
31.00 |
0.14 |
1.29 |
0.16 |
| BID-18* |
0.00 |
40.30 |
40.30 |
0.64 |
9.28 |
0.81 |
| Including |
0.00 |
8.00 |
8.00 |
1.20 |
17.25 |
1.51 |
| And |
16.50 |
22.00 |
5.50 |
1.24 |
6.66 |
1.36 |
| BID-19* |
0.00 |
48.60 |
48.60 |
0.32 |
5.54 |
0.42 |
| And |
154.00 |
199.00 |
45.00 |
0.29 |
2.71 |
0.34 |
| BID-20* |
0.00 |
24.40 |
24.40 |
0.41 |
0.99 |
0.43 |
| Including |
0.00 |
4.50 |
4.50 |
0.67 |
0.69 |
0.68 |
| BID-21* |
0.00 |
53.25 |
53.25 |
0.58 |
22.71 |
0.99 |
| Including |
0.00 |
17.00 |
17.00 |
1.15 |
24.35 |
1.59 |
| And |
65.50 |
83.50 |
18.00 |
0.36 |
12.79 |
0.59 |
| Including |
65.50 |
70.00 |
4.50 |
0.91 |
8.33 |
1.06 |
| BID-22 |
0.00 |
87.05 |
87.05 |
0.36 |
13.30 |
0.60 |
| BID-23 |
0.00 |
4.00 |
4.00 |
0.38 |
2.00 |
0.42 |
| And |
8.00 |
26.00 |
18.00 |
1.46 |
9.56 |
1.63 |
| And |
29.60 |
57.50 |
27.90 |
0.67 |
6.48 |
0.79 |
| Including |
45.55 |
51.50 |
5.95 |
1.15 |
8.83 |
1.31 |
| BID-24 |
0.00 |
107.00 |
107.00 |
0.57 |
-- |
-- |
| Including |
0.00 |
39.00 |
39.00 |
1.07 |
-- |
-- |
| Including |
22.00 |
30.00 |
8.00 |
3.26 |
-- |
-- |
| BID-25 |
0.00 |
136.00 |
136.00 |
0.41 |
-- |
-- |
| Including |
0.00 |
52.00 |
52.00 |
0.39 |
|
oxidized |
| Including |
52.00 |
136.00 |
84.00 |
0.43 |
|
sulphide |
| BID-26 |
0.00 |
41.60 |
41.60 |
1.07 |
2.32 |
oxidized |
| Including |
9.00 |
17.00 |
8.00 |
2.16 |
0.83 |
oxidized |
| BID-27 |
0.00 |
49.00 |
49.00 |
0.39 |
7.65 |
oxidized |
| Including |
0.00 |
14.00 |
14.00 |
0.73 |
3.46 |
oxidized |
| And |
49.00 |
80.00 |
31.00 |
0.17 |
4.61 |
sulphide |
| Including |
60.00 |
80.00 |
20.00 |
0.26 |
5.10 |
sulphide |
| BID-28 |
0.00 |
21.00 |
21.00 |
0.81 |
33.18 |
oxidized |
| And |
21.00 |
77.00 |
56.00 |
0.36 |
20.16 |
sulphide |
| Including |
21.00 |
37.00 |
16.00 |
0.68 |
19.27 |
sulphide |
| BID-29 |
0.00 |
41.40 |
41.40 |
0.50 |
2.24 |
oxidized |
| BID-30 |
0.00 |
18.30 |
18.30 |
0.21 |
4.12 |
oxidized |
| BID-31 |
0.00 |
26.00 |
26.00 |
0.23 |
2.84 |
oxidized |
| BID-32 |
12.30 |
38.50 |
26.20 |
1.20 |
10.48 |
sulphide |
| Including |
28.00 |
37.45 |
9.45 |
2.22 |
13.93 |
sulphide |
| BID-33 |
17.80 |
26.00 |
8.20 |
0.27 |
2.32 |
sulphide |
| BID-34 |
0.00 |
21.00 |
21.00 |
0.62 |
8.84 |
oxidized |
| And |
21.00 |
62.00 |
41.00 |
1.61 |
17.97 |
sulphide |
| And |
72.00 |
86.60 |
14.60 |
1.92 |
3.28 |
sulphide |
| BID-35 |
0.00 |
6.30 |
6.30 |
0.40 |
0.63 |
oxidized |
| BID-36 |
No significant interval |
|
|
|
| BID-37 |
42.00 |
58.90 |
16.90 |
0.33 |
2.24 |
sulphide |
| BID-38 |
2.00 |
26.00 |
24.00 |
0.29 |
54.74 |
oxidized |
| BID-39 |
32.00 |
48.00 |
16.00 |
0.37 |
3.93 |
oxidized |
| BID-41 |
0.00 |
66.90 |
66.90 |
0.31 |
11.08 |
sulphide |
| BID-43 |
2.15 |
55.45 |
53.30 |
0.57 |
34.90 |
sulphide |
| Including |
9.30 |
14.70 |
5.40 |
2.12 |
103.85 |
sulphide |
| BID-44 |
0.00 |
56.40 |
56.40 |
0.37 |
23.64 |
sulphide |
| BID-45 |
0.00 |
46.80 |
46.80 |
0.35 |
19.15 |
sulphide |
| BID-46 |
0.00 |
57.40 |
57.40 |
0.37 |
23.64 |
sulphide |
| Including |
0..0 |
27.80 |
27.80 |
0.58 |
28.43 |
sulphide |
| BID-48 |
7.10 |
63.25 |
56.15 |
1.41 |
32.82 |
oxidized |
| Including |
7.10 |
35.00 |
27.90 |
2.45 |
41.92 |
oxidized |
| BID-49 |
0.00 |
19.80 |
19.80 |
0.68 |
15.90 |
oxidized |
| Including |
10.30 |
15.80 |
5.50 |
1.33 |
19.59 |
oxidized |
| BID-51 |
0.00 |
16.00 |
16.00 |
4.04 |
18.18 |
sulphide |
| BID-52 |
0.00 |
29.00 |
29.00 |
1.24 |
42.41 |
oxidized |
| Including |
5.90 |
24.00 |
18.10 |
1.54 |
58.21 |
oxidized |
| BID-53 |
10.20 |
31.80 |
21.60 |
0.34 |
16.36 |
oxide/sulphide |
| BID-54 |
7.60 |
41.75 |
34.15 |
0.53 |
7.14 |
oxide |
| BID-55 |
0.00 |
58.10 |
58.10 |
0.23 |
12.14 |
oxide/sulphide |
| BID-56 |
30.40 |
41.25 |
10.85 |
0.29 |
36.29 |
oxide |
| BID-57 |
|
|
|
NSA |
|
|
| BID-58 |
|
|
|
NSA |
|
|
| BID-59 |
0.00 |
12.05 |
12.05 |
0.51 |
2.35 |
oxide |
| And |
15.15 |
40.70 |
25.55 |
0.34 |
4.91 |
oxide |
| BID-60 |
|
|
|
NSA |
|
|
| BID-61 |
|
|
|
NSA |
|
|
| BID-62 |
0.00 |
54.20 |
54.20 |
0.72 |
4.20 |
oxide/sulphide |
| Including |
18.80 |
30.65 |
11.85 |
0.94 |
1.95 |
oxide |
| BID-63 |
0.00 |
7.90 |
7.90 |
0.37 |
1.84 |
oxide |
| And |
17.00 |
66.60 |
49.60 |
0.45 |
6.07 |
oxide |
| BID-64 |
0.00 |
16.00 |
16.00 |
0.52 |
6.17 |
oxide |
| And |
64.00 |
74.00 |
10.00 |
0.29 |
7.10 |
sulphide |
| BID-65 |
|
|
|
NSA |
|
|
| BID-67 |
|
|
|
? |
|
|
| BID-66 |
|
|
|
NSA |
|
|
| BID-68 |
|
|
|
NSA |
|
|
| BID-69 |
0.00 |
34.60 |
34.60 |
0.56 |
0.85 |
oxide |
| BID-70 |
|
|
|
NSA |
|
|
| BID-71 |
|
|
|
NSA |
|
|
| BID-72 |
0.00 |
72.40 |
72.40 |
0.38 |
5.53 |
oxide |
| BID-73 |
|
|
|
NSA |
|
|
| BID-74 |
0.00 |
5.30 |
5.30 |
1.66 |
17.17 |
oxide |
| BID-75 |
0.00 |
17.50 |
17.50 |
0.79 |
1.26 |
oxide |
| Including |
11.30 |
17.50 |
6.20 |
1.86 |
1.61 |
oxide |
| BID-75 |
8.30 |
17.50 |
9.20 |
1.35 |
1.54 |
oxide |
| Including |
11.30 |
17.50 |
6.20 |
1.86 |
1.81 |
oxide |
| BID-76 |
12.40 |
20.30 |
7.90 |
0.37 |
2.57 |
oxide |
| BID-76 |
12.40 |
21.50 |
9.10 |
0.36 |
2.97 |
oxide |
| Including |
14.40 |
21.50 |
7.10 |
0.40 |
2.68 |
oxide |
The gold equivalent uses a silver to gold ratio of 56:1 based on precious metal market prices, and assuming total recoveries of both metals.
*BID-11, BID-15, BID-16, BID-17, BID-18, BID-19, BID-20 and BID-21 under report the composite grades due to 3.95, 3.90, 1.85, 1.30, 1.90, 6.05, 1.45 and 0.9 metres respectively of lost core being assigned a zero value. |
2007 BROWN SUGAR DRILL RESULTS
(400 metres southwest of Bawone)
Drill Hole |
From (m) |
To (m) |
Interval (m) |
Gold (g/t) |
Silver (g/t) |
Copper (%) |
BOD-06 |
8.0 |
24.0 |
16.0 |
2.71 |
33.20 |
0.41 |
December 2007 Sangihe Trench Results
Length (metres) |
Gold (g/t) |
35.0 |
1.12 |
32.0 |
4.18 |
24.0 |
0.97 |
36.0 |
1.10 |
9.0 |
1.50 |
8.0 |
1.40 |
78.0 |
0.51 |
41.0 |
0.52 |
62.0 |
2.00 |
45.5 |
1.98 |
28.5 |
2.28 |
2007 BROWN SUGAR (SANGIHE) TRENCH RESULTS
(400 metres southwest of Bawone)
Length (metres) |
Gold (g/t) |
Silver (g/t) |
2.0 |
12.8 |
142.0 |
4.0 |
16.0 |
196.0 |
1.8 |
17.9 |
251.0 |
7.8 |
15.6 |
195.0 |
12.0 |
2.45 |
|
Including 4.0 |
5.20 |
|
10.0 |
2.65 |
|
Including 2.0 |
9.89 |
|
ADDITIONAL 2007 SANGIHE TRENCH RESULTS
Location |
Length (metres) |
Gold (g/t) |
Silver (g/t) |
400 meters N of Bawone |
2.0 |
2.90 |
10.0 |
Bonsos - 200 metres SW of Bawone |
5.0 |
2.93 |
35.0 |
Bonsos - 200 metres SW of Bawone |
Including 3.0 |
4.03 |
53.0 |
Sede – 7 km S of Bawone |
Chip sample |
5.86 |
10.0 |
Sede – 7 km S of Bawone |
Chip sample |
2.23 |
8.0 |
Sede – 7 km S of Bawone |
Chip sample |
37.3 |
28.0 |
| |
| |
