Intrepid Mines update on Tujuh Bukit Project
Intrepid Mines Limited (TSX:IAU)(ASX:IAU) announced that interpretation of semi-regional soil sampling, recently completed detailed heli-magnetic surveys, and geology over the Tujuh Bukit project area has identified several new anomalies that will be systematically followed up over the next few months. The first of these is Katak Prospect located 2.5km NE of the known Tumpangpitu mineralisation.
The press release is quoted as saying:
Katak is a coincident copper-gold-molybdenum soil anomaly covering an area of 650 x 500m, with a peak copper value in soils of 0.235% – the highest copper-in-soils response from the project. The copper-in-soils anomaly is coincident with molybdenum and gold-in-soil anomalies.