LONDON (Thomson Financial) - Finders Resources said the drilling programme at the Jambi Oxide Gold Deposit, in Indonesian Ojolali Gold-Silver Project has been extended after an excellent assay results were received from the site.
Russell Fountain, executive chairman of Finders said: 'These results are extremely encouraging; not only do they confirm the continuity of high grade shoots within wider zones, ... but they also provide great encouragement for a much larger resource base with new extensions apparent to the west, south west, north and north east of the drilling area.'
In addition, a zone of strong silver grades in the southern part of the prospect area is indicative of a supergene enriched blanket of silver mineralisation around the base of oxidation, the company said.
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