THE GOLD SILVER COPPER COMPANY
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THE GOLD SILVER COPPER COMPANY
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KALAMATAN PORPHYRY COPPER - GOLD
Five kilometers north of the Tagpura-Maangob porphyry lies Kalamatan porphyry
copper–gold, which has an indicated “conceptual or order of magnitude” potential
tonnage range of some 100 Mt to 525 Mt, with a potential grade range from 0.27%
copper and 0.11 g/t gold to 0.55% copper and 0.46 g/t gold.
The first pass drilling also leaves the mineralized zone open along strike, in both
directions, and at depth.
Mineralized Corridor and Potential
This first phase drilling at Kalamatan now indicates a corridor of continuous
mineralization some 500m long by 150m wide, to a drill depth of 300m. This
corridor, 500m long by 150m wide to a projected depth of 500m, indicates a
"conceptual
or order of magnitude" potential tonnage of some 100 Mt.
The mineralized zone is open in all directions. A conservative extension of the
corridor is 1,000m long by 350m wide and, projected to a depth of 500m, indicates
a "conceptual or order of magnitude" potential tonnage of some 525 Mt.
These latest results at Kalamatan confirm a very large Philippine style porphyry
copper-gold deposit that, with the reported "conceptual or order of magnitude"
tonnage and grade, is potentially economic and provides another major resource.
The Kalamatan porphyry copper-gold deposit was first identified in the early 1970’
s,
and, in 1974, geophysics was undertaken. It highlighted an induced polarization
anomaly of some 1,500m by 1,000m, with a smaller anomaly to the south east of
some 300m by 700m.