Wednesday, March 17, 2010

Hillgrove progresses Indonesian gold project

Australian-listed Hillgrove Resources has awarded a contract for drilling to commence in mid-April 2010 at its Sumba Project in Indonesia's East Nusa Tengarra province. Initial target is high grade epithermal gold mineralisation within the Pahandanjal Prospect. The drill program will utilise two man portable drill rigs which are purpose built for working in steep terrain. The first rig will arrive early to mid April, and the second rig in June. One of the drill rigs will then be sent to Pelitilira Prospect in Central Sumba in the second half of 2010.

An Exploration Mining Business License has been awarded to Hillgrove’s Indonesian joint venture partner, PT Fathi Resources. The tenement area covers over 999 sqkm. Hillgrove has an 80% economic interest in the project.

No comments: