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Market:	ASX
Sector:	Gold Mining
EPIC:	ARX
Latest Price:	0.01 (16.67% )
52-week High:	0.05
52-week Low:	0.01
Market Cap:	5.78M

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Arc Exploration

Arc Exploration (ASX: ARX) is company focused on gold exploration in Indonesia. Arc Exploration plans to capitalise on its unique expertise to explore for new projects in the region.

Arc Exploration encouraged by drilling at Trenggalek Gold Project in Indonesia

Friday, March 12, 2010

Arc Exploration (ASX: ARX) has announced the results of the first two scout drill-holes from the Sentul Prospect at its Trenggalek Project in East Java.

These first two holes total 251 metres or around 5% of a planned 12 month, 5000 metre, drilling program that will scout test a number of separate prospects at Trenggalek with about 50-60 drill-holes.

The company said the objective of this initial program is to identify and rank prospects for further drilling. Holes three and four have been completed at West Sentul and assays are awaited. Hole number five is in progress.

The Sentul prospect comprises two main veins, West Sentul and East Sentul, which have a combined strike length of over 2 kms and are connected by numerous tension veins.

The first hole TRDD-001 was drilled at a low angle to the West Sentul vein to intersect the vein beneath a surface trench sample result of 3 m at 7.6 g/t Au and 35 g/t Ag.

The highest grade result from TRDD-001 was 1 m at 9.47 g/t Au and 11 g/t Ag that occurs within a lower grade zone of 70.4 m at 0.82 g/t Au and 6 g/t Ag from 72.6 m down-hole.

This zone also contains several intervals ranging from 1 to 3 g/t Au.

The second hole TRDD-002 was drilled perpendicular to the West Sentul vein to intersect the vein at a higher angle but similar elevation (75 m below surface) to TRDD-001 and 20 m to the north.

The highest grade result from TRDD-002 was 1 m at 11.70 g/t Au and 18 g/t Ag and it occurs immediately below a lower grade zone of 18.55m at 0.85g/t Au and 8 g/t Ag from 30.8 m down-hole. This zone, as with TRDD-001, also contains several intervals ranging from 1 to 3 g/t Au.

Both drill-holes intersected a broad zone of discrete quartz veins separated by gold bearing stockwork-veined volcanic rock. The true-width of the mineralised zones is unknown at this stage.

Arc Exploration said these initial drill results clearly confirm the occurrence of high grade gold vein intercepts within a larger zone of lower grade gold-bearing quartz veins and stockwork-veined volcanic rocks. The Company considers the results to be encouraging.

Drilling will continue on the Sentul Prospect probably for the next one to two months to further test the two main vein systems and the connecting tension veins, before moving to the next prospect. Simultaneously, surface exploration will continue with the objective of identifying additional prospect areas.

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