Sihayo Gold Ltd

Sihayo Gold Ltd

  • Location: Indonesia
  • Tickers:
  • Commodities:
    • Gold
  • Project Stages:
    • Exploration

Sihayo Gold Limited (ASX:SIH) owns a 75% interest in PT Sorikmas Mining which in turn holds the Sihayo-Pungkut 7th Generation Contract of Work (“CoW”).  PT Aneka Tambang Tbk is the Company’s joint venture partner in the CoW with a 25% interest.  The CoW is located in North Sumatra in the Republic of Indonesia and is approximately three and a half hours drive south from the Martabe Gold Mine.

The Sihayo Gold Project is the most advanced project within the CoW and approaching definitive feasibility stage following a successful infill drilling campaign in late 2019 with Combined Mineral Resources of 24,006,000 tonnes at 2.0 g/t for 1,506,000 ounces of contained gold. The CoW area is deemed to be highly prospective for gold and base metals mineralisation and is advancing multiple prospects targeting carbonate-hosted gold, epithermal-vein gold, gold-copper skarn, copper-gold porphyry and lead-zinc skarn style mineralisation across the CoW area.

Sihayo Gold Ltd
  • asx: sih

    • -0.012 (-57.14%)
Open 0.00900 Volume 881350
High 0.01000 52w High 0.02700
Low 0.00900 52w Low 0.00800
Close 0.00900

* 22 September 2021 (AUD)