Oxiana Limited - Kalimantan Gold Corporation Limited
Oxiana Limited - Kalimantan Gold Corporation Limited
Oxiana Limited - Kalimantan Gold Corporation Limited
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43-101 - KSK Copper Project<br />
KSK Copper Project – Beruang Kanan<br />
Beruang Kanan Open Pit Prospect<br />
• Beruang Kanan is a high-sulphidation copper system exposed at the surface.<br />
• Several magnetic anomalies at depth at the Main Zone remains untested by drilling.<br />
• Believed to be the source of the widespread (6,000m by 4,000m) copper<br />
mineralization defined by geochemistry and drilling to date.<br />
• Beruang Kanan – Drilling highlights:<br />
• BK2 – 167meters at 0.59% Cu, including: 93 metres at 0.75% Cu;<br />
• BK3 – 79 metres at 0.89% Cu; and<br />
• BK4 – 105m at 0.53% Cu, including: 63 metres at 0.75% Cu.<br />
Beruang Kanan – Chalcopyrite Mineralisation<br />
• Beruang Kanan – JV Delineation Drilling Exploration Target:<br />
• 250Mt at 0.5-0.6% Cu target has been determined using available surface<br />
sampling and drill hole data.<br />
• Minimum JV expenditure in first 12 months $500,000<br />
Exploration Targets<br />
Tonnes<br />
(kt)<br />
Grade<br />
(% Cu)<br />
Contained metal<br />
(kt)<br />
(mid-point)<br />
Beruang Kanan – subject to<br />
delineation drilling<br />
Beruang Kanan – overall<br />
exploration target<br />
250,000 0.5-0.6% 1,375<br />
500,000 0.5-0.6% 2,750<br />
June 2011<br />
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