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2016-07-19 20:33 | Report Abuse
Information on Bukit Ibam
Bukit Ibam, also known as Mukim Keratong Mining Area covers an area of
approximately 1,200 acres (of which 462 acres (187 hectares) has been issued
with a mining lease) is located at Mukim Keratong, District of Rompin, Pahang
Darul Makmur. On 11 March 2015, BOG entered into an exclusive production
sharing agreement with HDL Global Sdn Bhd for a period of 20 years. Further
information on Bukit Ibam is set out in the Circular to Shareholders dated 29th July
2015.
2016-07-19 20:32 | Report Abuse
Earth Gold
is a non-cyanide gold extraction agent which is environmental friendly and
designed to replace sodium cyanide in gold leaching process. Approval has been
granted by Jabatan Mineral dan Geosains Malaysia for the pilot heap leach
project. The initial capital investment cost of the heap leach plant including
infrastructure works is estimated to cost RM2.5 million with an initial capacity of
7,000 tonnes per cycle. The plant is targeted to be completed by end of August
and commercial operations will begin in September 2016.
2016-07-19 20:31 | Report Abuse
It lies within the Peninsula Malaysia Eastern gold belt that extends from the
north of Kelantan to Johor. The Eastern Belt comprises of Carboniferous to
Permian metasedimentary rocks and also of pluton-volcanic rocks related to acid
igneous rocks. In Bukit Ibam, the volcanic rock contains significant quartz veins
stock work that are related to structural deformation and also other veins within
the shear zone in other rock types.
Based on the metallurgy tests conducted by the Company, the oxide ore is
suitable for a process known as “heap leaching”. In this regard, the Company is in
the process of setting up a pilot heap leaching plant using “Earth Gold”.Earth Gold
2016-07-19 20:29 | Report Abuse
Wow, look at this release from Bornoil !
BORNEO OIL BERHAD(Co. No. 121919-H)
ANNOUNCEMENT – MINERAL RESOURCES AND ORE RESERVES REPORT OF
PHASE 1 OF BUKIT IBAM GOLD PROSPECT
The Board of Directors of Borneo Oil Berhad wishes to announce that its wholly
owned subsidiary, Borneo Oil and Gas Corporation Sdn Bhd (“Company” ) has
recently completed the first phase of exploration of the Bukit Ibam gold prospect
(1st Phase). The exploration works which was completed in 6 months consisted of
two (2) metre depth trenching program covering a total of 1.32 square km (132
hectares) to intercept the ore zone outside existing pits.
The Company’s independent resources and reserves estimation consultant, Agus
Dwi Susanto, a member of Ikatan Ahli Geologi Indonesia and Persatuan Ahli
Pertambangan Indonesia, has prepared a gold prospect resource estimation
report on Bukit Ibam dated 19th July 2016.
The inferred gold resources for Bukit Ibam for the 1st Phase is 60,814 troy oz
(1,891.5 kg) embedded in 6,266,663 tonnes of oxide and fresh ore with an
average grade of 0.3 g/t.This also comprises of 874,228 tonnes of ore with an
average grade of 1.0 g/t or 28,107 troy oz (874.2 kg) up to a depth of 25 metre.
The above is based on 15 trench lines with a total length of 5.4 km, with 2,209
samples taken and a total drilling of eight (8) diamond drilled holes, of which four
(4) are at depths of 50 metres and another four (4) are at depths of 85 metres ,
totaling 537 metres and obtaining 336 samples from the same.
The 2nd Phase of exploration works on Bukit Ibam is ongoing and further
announcement(s) will be made upon its completion.
The Bukit Ibam gold prospect is a vein related gold deposit with many
characteristics of orogenic gold deposits where mineralization is hosted in quartz
veins.
2016-02-01 19:31 | Report Abuse
November 6th. 2015 article dated.
2015-10-24 06:00 | Report Abuse
received OR forms in the mail ady?.... wait some more, pos can deliver on time?
Stock: [ELSOFT]: ELSOFT RESEARCH BHD
2017-02-04 07:47 | Report Abuse
lol...punters!