Announcement Date: 2022-03-23
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Sihayo Gold Ltd.
Project name: Hutabargot Julu
Location: Indonesia
Commodities: Gold,Silver
Highlight: Drilling results incl. 2.1m @ 74g/t Au, 119g/t Ag from 112.8m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Sihayo Gold Limited (ASX:SIH – “Sihayo” or the “Company”) is pleased to announce this update on the latest drilling results from the Sihorbo South gold-silver target at Hutabargot Julu in the North block of the PT Sorikmas Mining Contract of Work (“CoW”) located in North Sumatra Province, Indonesia. Sihorbo South is an intermediate-sulphidation epithermal gold-silver vein system located in the South-West corner of the large Hutabargot Julu prospect at the southern end of the Sihayo Gold Belt and approximately six km southeast of the proposed Sihayo Starter Project site (Figure 1). It was previously identified by the occurrence of a 1930’s Dutch adit that has no recorded gold production. Follow-up mapping and scout drilling conducted by the Company in 2012-13 returned encouraging historic gold-silver intercepts including 3.70 m at 15.45 g/t Au & 23 g/t Ag from 55.40 m in HUTDD040 and 16.80 m at 1.43 g/t Au & 237 g/t Ag from 46.95 m in HUTDD045.
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