17 STROME ROAD, APPLECROSS
PERTH
Western Australia
Australia,
6153
Phone: +61 8 9364 8301
Fax: +61 8 9316 3819
|
Company SummaryArchipelago Resources Plc is a UK incorporated company formed in 2002 to acquire, explore, develop and mine gold and other metal deposits in south east Asia. Archipelago was listed on AIM in September 2003. Archipelago’s registered office is in London but the Company is managed from Perth, Western Australia and all project development personnel are located at the Company’s principal project at Toka Tindung in North Sulawesi, Indonesia. Company NewsThursday, May 28, 2009 Archipelago Resources announce a program of shallow, close spaced reverse circulation drill holes has been carried out over a portion of the Toka Tindung deposit where mining will first commence. The drilling was planned to confirm the near surface distribution of ore and waste in undulating ground that will have to be excavated to develop broad, level mining benches. In total, 361 holes were drilled to an average depth of 14m for a total of 4,956m. Key findings includes that of the 116 mineralized intersections have an average down hole width of 6.0m and an average grade of 8.7g/t gold. The best intersection is 14m @ 39g/t gold starting from surface, however several other intersections have higher grades or widths and 42% of the intersections, including the best intersection, finish in mineralization. News ReleasesTuesday, October 06, 2009
Map Legend: Producer Past Producer  Development  Exploration
|