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Hillgrove expands gold mineralisation in Indonesia January 21, 2009

Posted by Fortbridge in Mining.
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Hillgrove Resources Limited (ASX: HGO) announced today that further gold mineralisation has been identified on the Sumba license (Kuasa Pertambangan, “KP”) (Hillgrove 80%) in Indonesia. The project is highly prospective for epithermal and porphyry style mineralisation and covers identified zones of gold mineralisation.

Previous work had identified significant epithermal gold mineralisation within the Masu Project at Pahandanjal Prospect (peak values up to 25.27g/t gold and 71g/t silver in rock chip samples) and Okajara Prospect (peak values of 8.96g/t gold and 6.2g/t silver in rock chip samples).

Towards the end of the 2008 field season the focus of fieldwork shifted to other regional areas within the Masu Project and across to the Tanah Daro Project area in Central Sumba.

The complete set of results for the 2008 field season have now been received and reviewed.

Highlights from the end of the field season include:

• Significant 200 x 200m gold in soil anomaly peaking at 0.67g/t defined at Pahandanjal prospect.
• Potential mineralised corridor at Okajara Prospect extended to 1.5km in length.
• Two additional prospects discovered within the Masu Project that host epithermal gold-silver mineralisation (Pandanjara and Kanjilu).
• Two new prospects within the Tanah Daro Project area that host epithermal goldsilver mineralisation (Pelitalira and Langela).
• A high grade rock chip sample from Pelitalira Prospect which returned 37.13g/t gold, 406g/t silver and 0.97% lead.

David Archer, the Managing Director of Hillgrove Resources said today “the 2008 field season for Sumba didn’t commence until late August and the focus up to this point has been largely on conducting due diligence and gauging the project’s potential. Even with this short programme, the results have been highly encouraging and Sumba is shaping up to be a very exciting gold project with numerous zones of gold mineralisation”.

Hillgrove’s Indonesian partner, PT Fathi Resources has been granted an extension for General Survey activities within the Sumba Exploration License for a further year. An Indonesian subsidiary of Hillgrove will undertake exploration work and feasibility studies if justified in return for an indirect 80% interest.

Click here to read the full announcement, also containing further updates on other projects.

For further information, please contact:

Mr David Archer
Managing Director
Hillgrove Resources Limited
Tel: +61 2 8221 0404
Mobile: 0414 737 767

or

Mr Dale Ferguson
General Manager – Exploration & Operations
Hillgrove Resources Limited
Tel: +61 8 9481 1433
Mobile: 0439 886 019

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