(Finders - 72% with option to increase to 100%)
The Ojolali Project is an advanced gold-silver prospect in Lampung Province of southern Sumatra covering a 13km2 system with numerous shoots. Ojolali lies within the highly productive Sumatran Gold Belt, which includes Martarbe (+3.7 moz) Lebong Donok (1.5 moz), Lebong Tandai (1.3 moz), Pongkor (3 moz), Cibalung (0.4 moz) and Way Linggo deposits (0.25 moz).
The project has a defined oxide gold resource of 175,000oz at Jambi, high grade drill intercepts at Tambang and strong surface showings of gold and silver along its length suggesting at least 1m oz gold potential.
Throughout the field only a few holes have been drilled to >100m depth, while epithermal systems commonly persist to depths of 500m and more, which leaves great opportunities for further discoveries at depth.
Jambi Hill Oxide resource
Finders controls the whole known mineralised system at Ojolali, under a 5,912 km2 IUP (No. B.34/DPE-WK/HK/2011) which has been recently renewed to 17 March 2013.
The Ojolali Project's principal target areas are shown below.
